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

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 1,900 shares, an increase of 5.6% from the July 15th total of 1,800 shares. Based on an average daily trading volume, of 12,700 shares, the days-to-cover ratio is currently 0.1 days.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock traded down $0.14 during trading on Tuesday, reaching $26.03. The company’s stock had a trading volume of 634 shares, compared to its average volume of 11,275. FTAI Aviation has a 52-week low of $23.41 and a 52-week high of $26.35. The firm’s 50-day moving average is $26.02 and its two-hundred day moving average is $25.65.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, September 6th will be given a dividend of $0.5938 per share. The ex-dividend date of this dividend is Friday, September 6th. This represents a $2.38 annualized dividend and a yield of 9.12%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. grew its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAIM) by 506.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,800 shares of the company’s stock after purchasing an additional 102,550 shares during the quarter. FTAI Aviation makes up approximately 0.9% of Shikiar Asset Management Inc.’s portfolio, making the stock its 28th biggest position. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $3,211,000 at the end of the most recent reporting period.

FTAI Aviation Company Profile

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.