Volato Group, Inc. (NYSEAMERICAN:SOAR – Get Free Report) shot up 55.3% during mid-day trading on Wednesday . The stock traded as high as $0.3427 and last traded at $0.2429. 768,226,959 shares changed hands during mid-day trading, an increase of 3,198% from the average daily volume of 23,292,548 shares. The stock had previously closed at $0.1564.
Volato Group Stock Performance
The firm’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.22.
Institutional Trading of Volato Group
A hedge fund recently raised its position in Volato Group stock. Geode Capital Management LLC grew its holdings in shares of Volato Group, Inc. (NYSEAMERICAN:SOAR – Free Report) by 336.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,870 shares of the company’s stock after purchasing an additional 36,905 shares during the quarter. Geode Capital Management LLC owned approximately 0.64% of Volato Group worth $31,000 at the end of the most recent 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.
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