FTAI Aviation Ltd. (NASDAQ:FTAIO) Sees Significant Increase in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 29,800 shares, an increase of 183.8% from the September 30th total of 10,500 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is currently 3.6 days.

FTAI Aviation Price Performance

Shares of FTAIO stock remained flat at $26.20 on Friday. 118 shares of the stock traded hands, compared to its average volume of 8,987. FTAI Aviation has a 12-month low of $22.65 and a 12-month high of $26.59. The business has a 50 day moving average price of $25.78 and a 200 day moving average price of $25.40.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.