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Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIP) Rises By 24.2%

Defense World ·  2023/03/15 02:11

FTAI Aviation Ltd. (NASDAQ:FTAIP – Get Rating) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 18,500 shares, an increase of 24.2% from the February 13th total of 14,900 shares. Based on an average daily volume of 14,100 shares, the days-to-cover ratio is presently 1.3 days.

FTAI Aviation Price Performance

NASDAQ:FTAIP opened at $22.09 on Wednesday. FTAI Aviation has a one year low of $17.99 and a one year high of $25.94. The firm has a 50-day simple moving average of $23.61.

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FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Tuesday, March 7th will be issued a $0.5156 dividend. The ex-dividend date of this dividend is Monday, March 6th. This represents a $2.06 annualized dividend and a dividend yield of 9.34%.

FTAI Aviation Company Profile

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FTAI Aviation Ltd. owns and acquires infrastructure and related 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.

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