Air T, Inc. (NASDAQ:AIRTP) Short Interest Down 19.3% in January

Air T, Inc. (NASDAQ:AIRTP) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,250 shares, a decrease of 19.3% from the January 15th total of 1,549 shares. Based on an average daily trading volume, of 982 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 982 shares, the days-to-cover ratio is currently 1.3 days.

Air T Stock Performance

Shares of AIRTP opened at $20.01 on Monday. Air T has a fifty-two week low of $14.36 and a fifty-two week high of $21.00. The firm has a 50 day moving average price of $19.92 and a 200-day moving average price of $19.44.

Air T Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 15th. Shareholders of record on Friday, November 12th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 12th. This represents a $2.00 annualized dividend and a yield of 10.0%.

Air T Company Profile

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.