FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Up 21.7% in February

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 921 shares, a growth of 21.7% from the January 29th total of 757 shares. Based on an average daily volume of 5,219 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 5,219 shares, the days-to-cover ratio is currently 0.2 days.

FTAI Aviation Price Performance

Shares of NASDAQ FTAIN opened at $25.71 on Thursday. The stock has a fifty day simple moving average of $25.53 and a two-hundred day simple moving average of $25.52. FTAI Aviation has a 1-year low of $24.32 and a 1-year high of $25.90.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.52 per share. The ex-dividend date is Monday, March 9th. This represents a $2.08 annualized dividend and a dividend yield of 8.1%.

Institutional Investors Weigh In On FTAI Aviation

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. increased its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,200 shares of the company’s stock after acquiring an additional 500 shares during the period. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission.

About FTAI Aviation

FTAI Aviation Ltd. is a publicly traded aircraft leasing company that acquires, leases and sells commercial jet aircraft to airlines worldwide. The company’s fleet consists of narrow-body and wide-body jets, primarily from the Airbus A320 family and Boeing 737 series, which it places under operating leases with carriers across Europe, Asia, the Middle East, Africa and Latin America. FTAI Aviation focuses on modern, mid-life aircraft to balance acquisition cost with residual value stability.

In addition to lease financing, FTAI Aviation provides comprehensive asset management and remarketing services.