Volato Group, Inc. (NYSEAMERICAN:SOAR) Short Interest Update

Volato Group, Inc. (NYSEAMERICAN:SOAR) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 419,721 shares, an increase of 42.0% from the November 30th total of 295,602 shares. Approximately 7.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 196,563 shares, the short-interest ratio is presently 2.1 days. Based on an average daily trading volume, of 196,563 shares, the short-interest ratio is presently 2.1 days. Approximately 7.6% of the shares of the stock are short sold.

Volato Group Stock Up 16.2%

SOAR traded up $0.11 during midday trading on Tuesday, hitting $0.79. The stock had a trading volume of 15,662,075 shares, compared to its average volume of 1,238,345. Volato Group has a 1 year low of $0.62 and a 1 year high of $7.36. The business has a fifty day moving average of $1.36 and a 200 day moving average of $1.56.

Volato Group (NYSEAMERICAN:SOAR) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $0.38 million during the quarter.

Volato Group Company Profile

Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.