FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Up 24.1% in December

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 3,600 shares, a growth of 24.1% from the November 30th total of 2,900 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

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

FTAI Aviation Price Performance

FTAIN stock traded up $0.33 during mid-day trading on Tuesday, reaching $25.89. The company had a trading volume of 1,210 shares, compared to its average volume of 6,170. FTAI Aviation has a fifty-two week low of $24.00 and a fifty-two week high of $26.49. The firm has a fifty day simple moving average of $25.86 and a 200 day simple moving average of $25.67.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.5156 dividend. The ex-dividend date was Monday, December 2nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 7.97%.

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.