Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIN) Increases By 24.1%

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a significant growth in short interest in 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 daily volume of 4,100 shares, the days-to-cover ratio is currently 0.9 days.

FTAI Aviation Price Performance

NASDAQ:FTAIN traded up $0.33 during midday trading on Tuesday, hitting $25.89. The company’s stock 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’s 50 day moving average is $25.86 and its 200-day moving average is $25.67.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.5156 per share. 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%.

Hedge Funds Weigh In On FTAI Aviation

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) in the third quarter, according to the company in its most recent Form 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 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.