Air Industries Group (NYSEAMERICAN:AIRI) Shares Sold by Heron Bay Capital Management

Heron Bay Capital Management cut its position in shares of Air Industries Group (NYSEAMERICAN:AIRI) by 58.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,608 shares of the company’s stock after selling 16,139 shares during the quarter. Heron Bay Capital Management’s holdings in Air Industries Group were worth $47,000 as of its most recent filing with the SEC.

Separately, Empowered Funds LLC acquired a new position in shares of Air Industries Group in the fourth quarter worth $70,000. Institutional investors and hedge funds own 42.68% of the company’s stock.

Air Industries Group Stock Performance

NYSEAMERICAN AIRI opened at $3.99 on Friday. Air Industries Group has a fifty-two week low of $3.03 and a fifty-two week high of $9.44. The stock has a market cap of $13.41 million, a price-to-earnings ratio of -22.17 and a beta of 0.18. The business has a fifty day moving average of $4.29 and a 200-day moving average of $4.84. The company has a quick ratio of 0.30, a current ratio of 1.44 and a debt-to-equity ratio of 0.54.

About Air Industries Group

Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.