AIR Global (NASDAQ:AIIR) Short Interest Update

AIR Global (NASDAQ:AIIR) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 24,570 shares, an increase of 102.5% from the May 31st total of 12,133 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,795 shares, the days-to-cover ratio is currently 4.2 days.

Wall Street Analysts Forecast Growth

Separately, Barclays initiated coverage on shares of AIR Global in a research note on Friday, June 12th. They issued an “overweight” rating and a $9.00 price target for the company. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $9.00.

AIR Global Price Performance

AIR Global stock traded up $0.29 during midday trading on Tuesday, hitting $6.86. The stock had a trading volume of 4,290 shares, compared to its average volume of 10,929. AIR Global has a 12 month low of $6.50 and a 12 month high of $13.37.

About AIR Global

Cantor Equity Partners III Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc is based in NEW YORK.