FTAI Aviation Ltd. (NASDAQ:FTAIM – Get Free Report) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 4,400 shares, a decline of 10.2% from the March 31st total of 4,900 shares. Based on an average daily trading volume, of 8,600 shares, the short-interest ratio is presently 0.5 days.
FTAI Aviation Trading Down 0.9 %
FTAI Aviation stock opened at $25.51 on Monday. FTAI Aviation has a 1-year low of $22.02 and a 1-year high of $26.27. The firm has a 50 day simple moving average of $25.45 and a 200 day simple moving average of $25.19.
FTAI Aviation Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Tuesday, March 5th were paid a $0.5938 dividend. The ex-dividend date of this dividend was Monday, March 4th. This represents a $2.38 dividend on an annualized basis and a yield of 9.31%.
About FTAI Aviation
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.
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