AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Drop in Short Interest

AirNet Technology Inc. (NASDAQ:ANTEGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 21,700 shares, a decrease of 17.2% from the April 30th total of 26,200 shares. Based on an average daily volume of 39,400 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short.

AirNet Technology Stock Performance

ANTE stock opened at $1.08 on Friday. AirNet Technology has a twelve month low of $0.56 and a twelve month high of $1.95. The business has a 50 day moving average price of $1.28 and a two-hundred day moving average price of $1.00.

About AirNet Technology

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AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.

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