Short Interest in Air T, Inc. (NASDAQ:AIRTP) Rises By 498.6%

Air T, Inc. (NASDAQ:AIRTP) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 443 shares, an increase of 498.6% from the June 15th total of 74 shares. Based on an average daily trading volume, of 852 shares, the days-to-cover ratio is currently 0.5 days.

Air T Trading Down 0.5%

Shares of NASDAQ AIRTP traded down $0.09 during mid-day trading on Friday, reaching $19.36. The company had a trading volume of 2,997 shares, compared to its average volume of 3,244. Air T has a 52 week low of $17.25 and a 52 week high of $21.00. The business’s 50-day moving average is $19.40 and its 200-day moving average is $19.56.

Air T Company Profile

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.