Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIM) Expands By 800.0%

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the target of a large growth in short interest in August. As of August 15th, there was short interest totaling 5,400 shares, agrowthof800.0% from the July 31st total of 600 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 1.4 days.

FTAI Aviation Stock Down 0.5%

FTAIM opened at $26.45 on Thursday. The firm’s fifty day moving average price is $26.65 and its two-hundred day moving average price is $26.32. FTAI Aviation has a 1 year low of $24.60 and a 1 year high of $28.16.

FTAI Aviation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 8th were issued a dividend of $0.5938 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $2.38 annualized dividend and a yield of 9.0%.

FTAI Aviation Company Profile

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.