Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Declines By 47.3%

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 10,600 shares, a drop of 47.3% from the January 15th total of 20,100 shares. Based on an average trading volume of 95,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

AirNet Technology Stock Performance

Shares of NASDAQ ANTE opened at $0.54 on Friday. AirNet Technology has a 52-week low of $0.26 and a 52-week high of $2.90. The stock’s fifty day simple moving average is $0.45 and its 200 day simple moving average is $0.47.

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.