Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIM) Rises By 12.5%

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,800 shares, a growth of 12.5% from the October 15th total of 1,600 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is presently 0.3 days.

FTAI Aviation Stock Performance

FTAIM traded up $0.18 during trading on Monday, hitting $27.43. The stock had a trading volume of 4,328 shares, compared to its average volume of 9,936. The company has a 50 day moving average price of $26.56 and a 200-day moving average price of $26.11. FTAI Aviation has a one year low of $24.35 and a one year high of $27.47.

FTAI Aviation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a $0.5938 dividend. This represents a $2.38 annualized dividend and a yield of 8.66%. The ex-dividend date of this dividend is Monday, December 2nd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. boosted its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIM) by 506.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,800 shares of the company’s stock after buying an additional 102,550 shares during the period. FTAI Aviation makes up approximately 0.9% of Shikiar Asset Management Inc.’s investment portfolio, making the stock its 28th largest position. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $3,211,000 at the end of the most recent reporting period.

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.