Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIN) Decreases By 12.6%

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 9,700 shares, a decline of 12.6% from the December 31st total of 11,100 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is presently 1.0 days.

FTAI Aviation Price Performance

Shares of NASDAQ FTAIN opened at $24.70 on Friday. FTAI Aviation has a 1 year low of $24.48 and a 1 year high of $26.49. The firm has a 50-day simple moving average of $25.63 and a two-hundred day simple moving average of $25.70.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. increased its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,650 shares of the company’s stock after acquiring an additional 4,250 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,206,000 as of its most recent SEC filing.

FTAI Aviation Company Profile

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.