Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Drops By 44.9%

AirNet Technology Inc. (NASDAQ:ANTE) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 30,700 shares, a decline of 44.9% from the March 31st total of 55,700 shares. Based on an average daily volume of 69,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.7% of the company’s shares are sold short.

AirNet Technology Stock Up 0.4 %

NASDAQ:ANTE traded up $0.01 during trading hours on Friday, reaching $1.32. 5,920 shares of the stock were exchanged, compared to its average volume of 21,276. AirNet Technology has a twelve month low of $0.56 and a twelve month high of $1.95. The business has a 50-day moving average of $1.30 and a two-hundred day moving average of $0.95.

About AirNet Technology

AirNet Technology Inc operates out-of-home advertising platforms in the People's Republic of China. It operates through two segments, Cryptocurrency Mining and Air Travel Media Network. The company provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, and documentaries; and internet connections through a network of satellites and land-based beacons.