FTAI Aviation Ltd. (NASDAQ:FTAIM) Short Interest Update

FTAI Aviation Ltd. (NASDAQ:FTAIM) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 1,782 shares, an increase of 323.3% from the January 29th total of 421 shares. Based on an average daily volume of 2,159 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 2,159 shares, the short-interest ratio is currently 0.8 days.

FTAI Aviation Stock Up 0.0%

NASDAQ:FTAIM opened at $27.37 on Friday. The business’s 50 day moving average is $27.11 and its two-hundred day moving average is $26.85. FTAI Aviation has a 52 week low of $24.60 and a 52 week high of $27.49.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $2.36 annualized dividend and a dividend yield of 8.6%.

Institutional Trading of FTAI Aviation

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. boosted its holdings in FTAI Aviation Ltd. (NASDAQ:FTAIM) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 158,630 shares of the company’s stock after acquiring an additional 6,430 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,248,000 as of its most recent SEC filing.

About FTAI Aviation

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.