Volato Group, Inc. (NYSEAMERICAN:SOAR) Short Interest Up 108.4% in December

Volato Group, Inc. (NYSEAMERICAN:SOAR) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 874,559 shares, a growth of 108.4% from the December 15th total of 419,721 shares. Based on an average trading volume of 3,649,104 shares, the days-to-cover ratio is currently 0.2 days. Approximately 15.8% of the company’s stock are sold short. Approximately 15.8% of the company’s stock are sold short. Based on an average trading volume of 3,649,104 shares, the days-to-cover ratio is currently 0.2 days.

Volato Group Trading Up 4.5%

NYSEAMERICAN SOAR opened at $0.61 on Thursday. Volato Group has a 52 week low of $0.56 and a 52 week high of $6.48. The firm has a 50 day moving average of $1.08 and a two-hundred day moving average of $1.49.

Volato Group (NYSEAMERICAN:SOAR) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.45 earnings per share for the quarter. The firm had revenue of $0.38 million during the quarter.

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.