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Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIN) Rises By 37.9%

kopsource ·  Mar 12, 2023 07:53

FTAI Aviation Ltd. (NASDAQ:FTAIN – Get Rating) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 4,000 shares, an increase of 37.9% from the February 13th total of 2,900 shares. Based on an average daily volume of 8,900 shares, the short-interest ratio is presently 0.4 days.

FTAI Aviation Stock Performance

NASDAQ FTAIN opened at $21.88 on Friday. FTAI Aviation has a twelve month low of $17.48 and a twelve month high of $26.50. The business's 50 day moving average price is $22.66.

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FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Tuesday, March 7th will be given a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a yield of 9.43%. The ex-dividend date of this dividend is Monday, March 6th.

About FTAI Aviation

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FTAI Aviation Ltd. owns and acquires infrastructure and related 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.

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