Montana Technologies Co. (NASDAQ:AIRJW) Sees Significant Growth in Short Interest

Montana Technologies Co. (NASDAQ:AIRJW) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 20,447 shares, a growth of 114.1% from the August 15th total of 9,550 shares. Based on an average daily trading volume, of 10,815 shares, the days-to-cover ratio is currently 1.9 days.

Montana Technologies Stock Performance

Shares of AIRJW stock opened at $1.00 on Wednesday. The firm’s 50-day simple moving average is $1.21 and its 200-day simple moving average is $0.97. Montana Technologies has a 1-year low of $0.46 and a 1-year high of $1.87.

Montana Technologies Company Profile

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.