Volato Group, Inc. (NYSEAMERICAN:SOAR) Sees Significant Drop in Short Interest

Volato Group, Inc. (NYSEAMERICAN:SOAR) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 355,100 shares, a decrease of 45.9% from the August 31st total of 655,800 shares. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is presently 0.3 days. Approximately 13.0% of the shares of the company are short sold. Approximately 13.0% of the shares of the company are short sold. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is presently 0.3 days.

Volato Group Stock Up 11.5%

SOAR opened at $2.04 on Monday. The company has a 50 day moving average of $1.59 and a 200 day moving average of $1.77. Volato Group has a 12 month low of $1.14 and a 12 month high of $19.06.

Volato Group Company Profile

Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.