Air Industries Group (NYSEAMERICAN:AIRI) Short Interest Down 15.4% in February

Air Industries Group (NYSEAMERICAN:AIRI) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 40,026 shares, a drop of 15.4% from the January 29th total of 47,289 shares. Based on an average daily volume of 54,187 shares, the short-interest ratio is presently 0.7 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 54,187 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Air Industries Group

Several institutional investors have recently added to or reduced their stakes in AIRI. Virtu Financial LLC bought a new position in Air Industries Group during the fourth quarter worth about $83,000. Citadel Advisors LLC bought a new position in Air Industries Group in the 3rd quarter worth approximately $77,000. Finally, Ground Swell Capital LLC bought a new position in Air Industries Group in the 3rd quarter worth approximately $42,000. 42.68% of the stock is owned by hedge funds and other institutional investors.

Air Industries Group Trading Down 2.0%

NYSEAMERICAN:AIRI opened at $3.47 on Friday. Air Industries Group has a 12 month low of $2.55 and a 12 month high of $4.17. The company has a current ratio of 1.22, a quick ratio of 0.30 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average is $3.26 and its 200 day moving average is $3.16. The stock has a market capitalization of $16.59 million, a PE ratio of -6.20 and a beta of 0.03.

Air Industries Group Company Profile

Air Industries Group, Inc (NYSE American: AIRI) is a precision engineering company headquartered in Ronkonkoma, New York. The firm specializes in the design, development and manufacture of air and gas handling solutions for high-performance applications. Its core offerings include turbomachinery components such as blowers, fans, compressors and turbines, as well as heat exchangers and related assemblies. Air Industries Group serves as an original equipment manufacturer (OEM) and a trusted supplier to a range of industries, with a particular focus on defense and aerospace.

The company’s product portfolio addresses the demanding requirements of military and commercial aerospace platforms, providing mission-critical airflow and thermal management systems.