AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Drop in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 38,100 shares, a drop of 78.0% from the October 31st total of 173,300 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 336,500 shares, the days-to-cover ratio is currently 0.1 days.

AirNet Technology Price Performance

NASDAQ ANTE opened at $0.44 on Thursday. AirNet Technology has a 12 month low of $0.26 and a 12 month high of $2.90. The stock’s 50 day moving average is $0.43 and its 200 day moving average is $0.71.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.