Airship AI Holdings, Inc. (NASDAQ:AISPW) Stock Short Interest Drops 51.4%

Airship AI Holdings, Inc. (NASDAQ:AISPW) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 4,967 shares, a decline of 51.4% from the September 15th total of 10,215 shares. Based on an average daily volume of 10,937 shares, the days-to-cover ratio is presently 0.5 days.

Airship AI Stock Down 16.4%

NASDAQ AISPW opened at $0.51 on Wednesday. Airship AI has a 52 week low of $0.33 and a 52 week high of $2.50. The company has a 50-day moving average price of $0.47 and a 200-day moving average price of $0.63.

Hedge Funds Weigh In On Airship AI

An institutional investor recently bought a new stake in Airship AI stock. Hsbc Holdings PLC bought a new stake in shares of Airship AI Holdings, Inc. (NASDAQ:AISPW) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 40,849 shares of the company’s stock, valued at approximately $96,000.

About Airship AI

Airship AI Holdings, Inc is an artificial intelligence technology company that develops platforms for managing and analyzing video, sensor and other data. Its solutions are designed to help organizations process information at the edge and in the cloud, apply computer vision and analytics, and generate actionable insights for security, operations and decision-making.

The company’s product portfolio includes the Acropolis platform, which integrates data management, artificial intelligence and analytics, as well as Outpost edge-computing devices and related software for collecting and processing data from cameras and other sensors.