Air T, Inc. (NASDAQ:AIRTP) Sees Significant Drop in Short Interest

Air T, Inc. (NASDAQ:AIRTP) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 1,219 shares, a drop of 24.2% from the November 30th total of 1,609 shares. Based on an average trading volume of 819 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 819 shares, the days-to-cover ratio is currently 1.5 days.

Air T Price Performance

AIRTP stock opened at $19.58 on Wednesday. The stock’s 50 day simple moving average is $19.51 and its 200 day simple moving average is $18.86. Air T has a 12-month low of $14.36 and a 12-month high of $19.99.

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.