Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Drops By 9.0%

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 18,300 shares, a drop of 9.0% from the May 31st total of 20,100 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 22,500 shares, the days-to-cover ratio is currently 0.8 days.

AirNet Technology Stock Performance

Shares of ANTE stock opened at $1.08 on Monday. The company’s fifty day moving average price is $1.10 and its 200-day moving average price is $1.06. AirNet Technology has a 12 month low of $0.56 and a 12 month high of $1.95.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.