Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Update

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 2,900,000 shares, a growth of 26.6% from the January 31st total of 2,290,000 shares. Approximately 15.2% of the company’s stock are short sold. Based on an average daily trading volume, of 2,720,000 shares, the short-interest ratio is presently 1.1 days.

Airship AI Trading Down 8.6 %

AISP stock opened at $3.29 on Friday. The company has a market capitalization of $115.39 million, a P/E ratio of -1.23 and a beta of 0.04. Airship AI has a twelve month low of $1.90 and a twelve month high of $14.32. The business has a 50 day simple moving average of $5.02 and a 200-day simple moving average of $3.59.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related news, CTO Yanda Ma sold 60,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $6.45, for a total value of $387,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total value of $137,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 112,000 shares of company stock worth $626,200. Company insiders own 57.90% of the company’s stock.

Institutional Investors Weigh In On Airship AI

Several hedge funds have recently modified their holdings of AISP. State Street Corp lifted its holdings in shares of Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after purchasing an additional 45,247 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Airship AI by 20.5% during the fourth quarter. Geode Capital Management LLC now owns 240,692 shares of the company’s stock worth $1,507,000 after purchasing an additional 40,991 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Airship AI by 1,982.9% during the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after purchasing an additional 26,095 shares during the period. Oxford Asset Management LLP acquired a new stake in shares of Airship AI during the fourth quarter worth $118,000. Finally, Mariner LLC acquired a new stake in shares of Airship AI during the fourth quarter worth $95,000. 5.89% of the stock is owned by institutional investors and hedge funds.

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.