Airship AI Holdings, Inc. (NASDAQ:AISP) Sees Large Drop in Short Interest

Airship AI Holdings, Inc. (NASDAQ:AISP) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 2,050,000 shares, a decrease of 29.3% from the February 13th total of 2,900,000 shares. Approximately 11.1% of the shares of the stock are short sold. Based on an average daily volume of 2,650,000 shares, the short-interest ratio is presently 0.8 days.

Analyst Ratings Changes

Separately, Benchmark reissued a “buy” rating and set a $6.00 price objective on shares of Airship AI in a research note on Tuesday, November 19th.

Insider Buying and Selling

In other Airship AI news, CTO Yanda Ma sold 60,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Mark E. Scott sold 22,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The disclosure for this sale can be found here. 57.90% of the stock is owned by company insiders.

Institutional Trading of Airship AI

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Airship AI by 150.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company’s stock valued at $26,000 after buying an additional 2,482 shares during the period. Kieckhefer Group LLC bought a new stake in shares of Airship AI during the 4th quarter valued at $47,000. JPMorgan Chase & Co. boosted its holdings in shares of Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after buying an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after buying an additional 12,214 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Airship AI during the 4th quarter valued at $75,000. Hedge funds and other institutional investors own 5.89% of the company’s stock.

Airship AI Stock Up 8.5 %

Shares of AISP stock opened at $4.08 on Tuesday. The stock has a fifty day moving average of $4.67 and a 200 day moving average of $3.60. Airship AI has a 52 week low of $1.90 and a 52 week high of $14.32. The firm has a market capitalization of $129.54 million, a price-to-earnings ratio of -1.52 and a beta of 0.07.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.