Short Interest in Air T, Inc. (NASDAQ:AIRTP) Decreases By 26.3%

Air T, Inc. (NASDAQ:AIRTP) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 2,201 shares, a decline of 26.3% from the February 26th total of 2,985 shares. Based on an average trading volume of 498 shares, the days-to-cover ratio is currently 4.4 days.

Air T Stock Performance

NASDAQ AIRTP opened at $19.26 on Friday. Air T has a 12 month low of $14.36 and a 12 month high of $21.00. The company’s 50 day moving average is $19.91 and its two-hundred day moving average is $19.61.

Air T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 10.4%.

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.