FTAI Aviation Ltd. (NASDAQ:FTAIO – Get Rating) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 62.5% from the February 28th total of 3,200 shares. Based on an average daily trading volume, of 8,900 shares, the short-interest ratio is presently 0.1 days.
FTAI Aviation Stock Down 0.6 %
Shares of FTAIO traded down $0.14 during trading hours on Thursday, hitting $22.30. The company's stock had a trading volume of 750 shares, compared to its average volume of 7,886. The company has a 50 day moving average price of $22.57. FTAI Aviation has a 52-week low of $17.13 and a 52-week high of $24.98.
Get FTAI Aviation alerts:FTAI Aviation Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Tuesday, March 7th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, March 6th. This represents a $2.00 annualized dividend and a dividend yield of 8.97%.
FTAI Aviation Company Profile
(Get Rating)
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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