Madison Air Solutions Corporation (NYSE:MAIR) Short Interest Up ∞ in April

Madison Air Solutions Corporation (NYSE:MAIR) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 4,282,069 shares, an increase of ∞ from the April 15th total of 0 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,242,721 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

MAIR has been the topic of several recent analyst reports. Stifel Nicolaus initiated coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued a “buy” rating and a $47.00 price target on the stock. Zacks Research raised Madison Air Solutions to a “hold” rating in a research note on Tuesday, May 12th. The Goldman Sachs Group assumed coverage on shares of Madison Air Solutions in a report on Monday, May 11th. They set a “neutral” rating and a $44.00 price target for the company. Jefferies Financial Group assumed coverage on shares of Madison Air Solutions in a report on Tuesday, May 12th. They set a “hold” rating and a $45.00 price target for the company. Finally, Bank of America assumed coverage on shares of Madison Air Solutions in a report on Monday, May 11th. They set a “buy” rating and a $47.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Madison Air Solutions has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Madison Air Solutions Stock Down 6.4%

MAIR stock traded down $2.62 during midday trading on Monday, reaching $38.38. 1,683,752 shares of the company’s stock traded hands, compared to its average volume of 3,650,624. Madison Air Solutions has a 1-year low of $31.00 and a 1-year high of $44.25.

Madison Air Solutions (NYSE:MAIR) last released its quarterly earnings results on Tuesday, May 12th. The company reported $83,088.00 earnings per share for the quarter. The business had revenue of $923.70 million for the quarter, compared to analyst estimates of $847.55 million.

Madison Air Solutions Company Profile

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.