Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Increases By 133.9%

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 14,500 shares, an increase of 133.9% from the December 15th total of 6,200 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 251,400 shares, the days-to-cover ratio is currently 0.1 days.

AirNet Technology Stock Performance

Shares of NASDAQ:ANTE traded up $0.00 on Wednesday, reaching $0.44. 3,401 shares of the company were exchanged, compared to its average volume of 42,722. AirNet Technology has a 1-year low of $0.26 and a 1-year high of $2.90. The company has a 50-day moving average of $0.48 and a 200-day moving average of $0.56.

About AirNet Technology

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.