FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Up 197.1% in February

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,736 shares, an increase of 197.1% from the February 12th total of 921 shares. Based on an average daily volume of 3,945 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 3,945 shares, the short-interest ratio is presently 0.7 days.

FTAI Aviation Trading Down 0.2%

FTAI Aviation stock opened at $25.20 on Wednesday. FTAI Aviation has a 1-year low of $24.32 and a 1-year high of $25.89. The firm has a 50-day moving average of $25.53 and a 200-day moving average of $25.53.

FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.52 per share. The ex-dividend date is Monday, March 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.3%.

Institutional Investors Weigh In On FTAI Aviation

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. lifted its stake in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 3.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,700 shares of the company’s stock after purchasing an additional 1,250 shares during the period. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,043,000 at the end of the most recent reporting period.

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.