Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIO) Grows By 16.7%

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 9,100 shares, a growth of 16.7% from the May 31st total of 7,800 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is presently 1.2 days.

FTAI Aviation Stock Down 0.0 %

Shares of FTAI Aviation stock opened at $25.03 on Wednesday. The firm’s fifty day simple moving average is $25.21 and its 200-day simple moving average is $25.13. FTAI Aviation has a 12 month low of $21.25 and a 12 month high of $26.38.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Monday, June 3rd were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.99%.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.