FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Update

by · The Cerbat Gem

FTAI Aviation Ltd. (NASDAQ:FTAIN – Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 4,200 shares, a decline of 31.1% from the March 15th total of 6,100 shares. Based on an average trading volume of 10,700 shares, the days-to-cover ratio is currently 0.4 days.

FTAI Aviation Stock Up 0.2 %

Shares of NASDAQ:FTAIN traded up $0.05 during midday trading on Friday, reaching $25.04. The company’s stock had a trading volume of 812 shares, compared to its average volume of 7,309. FTAI Aviation has a fifty-two week low of $24.32 and a fifty-two week high of $26.49. The firm has a 50 day moving average price of $25.32 and a two-hundred day moving average price of $25.58.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were paid a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 8.24%. The ex-dividend date was Monday, March 10th.

Institutional Trading of FTAI Aviation

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. lifted its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN – Free Report) by 2.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,950 shares of the company’s stock after purchasing an additional 1,300 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,185,000 at the end of the most recent reporting period.

FTAI Aviation Company Profile

(Get Free Report)

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.

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