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

FTAI Aviation Ltd. (NASDAQ:FTAIN) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,500 shares, an increase of 31.6% from the October 31st total of 1,900 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FTAI Aviation stock. Shikiar Asset Management Inc. purchased a new position in FTAI Aviation Ltd. (NASDAQ:FTAIN) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,400 shares of the company’s stock, valued at approximately $1,062,000.

FTAI Aviation Price Performance

NASDAQ:FTAIN opened at $26.30 on Monday. FTAI Aviation has a 1-year low of $23.30 and a 1-year high of $26.49. The business’s 50-day moving average price is $25.96 and its two-hundred day moving average price is $25.63.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a $0.5156 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 7.84%.

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.