Air Industries Group (NYSEAMERICAN:AIRI) Short Interest Up 215.9% in December

Air Industries Group (NYSEAMERICAN:AIRI) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 69,432 shares, a growth of 215.9% from the December 15th total of 21,979 shares. Currently, 2.2% of the company’s shares are sold short. Based on an average daily trading volume, of 541,621 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 541,621 shares, the short-interest ratio is presently 0.1 days. Currently, 2.2% of the company’s shares are sold short.

Institutional Trading of Air Industries Group

An institutional investor recently bought a new position in Air Industries Group stock. Ground Swell Capital LLC purchased a new position in shares of Air Industries Group (NYSEAMERICAN:AIRI) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 13,299 shares of the company’s stock, valued at approximately $42,000. Ground Swell Capital LLC owned 0.28% of Air Industries Group as of its most recent filing with the SEC. 42.68% of the stock is owned by hedge funds and other institutional investors.

Air Industries Group Stock Performance

NYSEAMERICAN:AIRI opened at $3.36 on Thursday. The company has a quick ratio of 0.30, a current ratio of 1.22 and a debt-to-equity ratio of 0.08. Air Industries Group has a twelve month low of $2.77 and a twelve month high of $4.64. The company has a fifty day moving average of $3.04 and a 200-day moving average of $3.18. The firm has a market capitalization of $16.06 million, a P/E ratio of -6.00 and a beta of 0.02.

Air Industries Group (NYSEAMERICAN:AIRI) last issued its earnings results on Friday, November 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $10.31 million for the quarter. Air Industries Group had a negative return on equity of 12.48% and a negative net margin of 4.01%. As a group, sell-side analysts anticipate that Air Industries Group will post -0.21 EPS for the current year.

About Air Industries Group

Air Industries Group, Inc (NYSE American: AIRI) is a precision engineering company headquartered in Ronkonkoma, New York. The firm specializes in the design, development and manufacture of air and gas handling solutions for high-performance applications. Its core offerings include turbomachinery components such as blowers, fans, compressors and turbines, as well as heat exchangers and related assemblies. Air Industries Group serves as an original equipment manufacturer (OEM) and a trusted supplier to a range of industries, with a particular focus on defense and aerospace.

The company’s product portfolio addresses the demanding requirements of military and commercial aerospace platforms, providing mission-critical airflow and thermal management systems.