FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Down 90.9% in January

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 197 shares, a drop of 90.9% from the December 31st total of 2,176 shares. Based on an average daily trading volume, of 5,424 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 5,424 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. grew its holdings in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 3.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 40,700 shares of the company’s stock after buying 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.

FTAI Aviation Stock Performance

Shares of FTAIN traded down $0.02 during midday trading on Wednesday, hitting $25.50. The company had a trading volume of 1,575 shares, compared to its average volume of 4,660. FTAI Aviation has a 1 year low of $24.32 and a 1 year high of $25.95. The company’s 50-day simple moving average is $25.46 and its 200-day simple moving average is $25.50.

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.