Montana Technologies Co. (NASDAQ:AIRJW) Sees Significant Decrease in Short Interest

Montana Technologies Co. (NASDAQ:AIRJW) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 11,471 shares, a drop of 48.2% from the December 15th total of 22,159 shares. Based on an average daily volume of 10,037 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 10,037 shares, the days-to-cover ratio is currently 1.1 days.

Montana Technologies Trading Down 17.7%

Shares of NASDAQ:AIRJW opened at $0.72 on Thursday. Montana Technologies has a 1 year low of $0.47 and a 1 year high of $1.87. The firm has a fifty day moving average price of $0.82 and a 200 day moving average price of $0.86.

About Montana Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.