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Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIO) Grows By 25.6%

kopsource ·  Apr 29, 2023 09:23

FTAI Aviation Ltd. (NASDAQ:FTAIO – Get Rating) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,400 shares, an increase of 25.6% from the March 31st total of 4,300 shares. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is currently 0.6 days.

FTAI Aviation Stock Performance

Shares of NASDAQ FTAIO opened at $21.90 on Friday. FTAI Aviation has a 52-week low of $17.13 and a 52-week high of $24.74. The firm has a 50 day moving average price of $22.07.

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FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 9.13%. The ex-dividend date is Wednesday, May 31st.

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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