Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIN) Rises By 208.3%

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 11,100 shares, an increase of 208.3% from the December 15th total of 3,600 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 2.7 days.

FTAI Aviation Stock Performance

Shares of FTAI Aviation stock traded down $0.46 during trading hours on Wednesday, hitting $25.24. The company’s stock had a trading volume of 128,297 shares, compared to its average volume of 17,577. The firm has a fifty day moving average of $25.85 and a 200-day moving average of $25.71. FTAI Aviation has a twelve month low of $24.52 and a twelve month high of $26.49.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a yield of 8.17%. The ex-dividend date was Monday, December 2nd.

Institutional Investors Weigh In On FTAI Aviation

A hedge fund recently bought a new stake in FTAI Aviation stock. Shikiar Asset Management Inc. bought a new stake in FTAI Aviation Ltd. (NASDAQ:FTAIN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 41,400 shares of the company’s stock, valued at approximately $1,062,000.

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.