AIR Global (NASDAQ:AIIR – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 38,997 shares, an increase of 80.8% from the August 15th total of 21,571 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 13,620 shares, the short-interest ratio is presently 2.9 days.
AIR Global Stock Performance
AIIR stock opened at $7.46 on Wednesday. AIR Global has a 1-year low of $5.29 and a 1-year high of $13.37. The business has a fifty day simple moving average of $6.80. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.41 and a quick ratio of 1.12.
Analysts Set New Price Targets
Separately, Barclays reaffirmed an “overweight” rating and issued a $10.00 target price on shares of AIR Global in a report on Wednesday, August 26th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $10.00.
AIR Global Company Profile
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.
See Also
- Five stocks we like better than AIR Global
- Homebuilders Are Down for the Year, Is Wall Street in Denial?
- Turning Trash to Cash: A $129M Bet on Waste
- Marex Stock Doubles on Record Profits, But Can the Rally Continue?
- 2 “Cheap for a Reason” Airline Stocks That May Be Worth the Risk
Receive News & Ratings for AIR Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AIR Global and related companies with MarketBeat.com's FREE daily email newsletter.
