Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Down 57.0% in September

Airship AI Holdings, Inc. (NASDAQ:AISP) saw a significant decline in short interest in September. As of September 15th, there was short interest totalling 602,300 shares, a decline of 57.0% from the August 31st total of 1,400,000 shares. Based on an average daily volume of 795,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 4.8% of the shares of the company are sold short.

Insider Activity

In other news, President Paul M. Allen sold 30,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $3.40, for a total transaction of $102,000.00. Following the sale, the president now directly owns 70,000 shares in the company, valued at $238,000. The sale was disclosed in a document filed with the SEC, which is available at this link. 15.15% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Airship AI stock. CastleKnight Management LP bought a new stake in Airship AI Holdings, Inc. (NASDAQ:AISP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 216,867 shares of the company’s stock, valued at approximately $369,000. CastleKnight Management LP owned approximately 1.89% of Airship AI at the end of the most recent reporting period. Institutional investors and hedge funds own 5.89% of the company’s stock.

Airship AI Price Performance

Shares of NASDAQ:AISP opened at $2.36 on Friday. Airship AI has a one year low of $1.34 and a one year high of $14.32. The firm has a fifty day moving average price of $3.10 and a two-hundred day moving average price of $5.04.

Airship AI (NASDAQ:AISP) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The business had revenue of $6.40 million for the quarter, compared to the consensus estimate of $5.40 million. Sell-side analysts forecast that Airship AI will post -0.16 EPS for the current fiscal year.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.