Air T, Inc. (NASDAQ:AIRTP – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 121 shares, a drop of 68.3% from the September 30th total of 382 shares. Based on an average daily volume of 1,968 shares, the short-interest ratio is currently 0.1 days.
Air T Trading Up 0.3%
Shares of Air T stock traded up $0.06 on Friday, hitting $18.86. 341 shares of the company traded hands, compared to its average volume of 3,028. Air T has a 12-month low of $18.00 and a 12-month high of $21.00. The company has a 50-day moving average price of $18.83 and a 200 day moving average price of $19.30.
Air T Company Profile
Air T, Inc is a diversified holding company headquartered in Maiden, North Carolina. Founded in 1980, the company operates through businesses serving the air transportation and aviation support industries.
Through its transportation operations, Air T provides regional air cargo services. Its subsidiaries, including Mountain Air Cargo, Inc and CSA Air, Inc, operate aircraft and provide feeder and contract cargo transportation services, primarily in support of major express delivery networks.
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