Atlas Air Worldwide Holdings Sees Large Increase in Short Interest (AAWW)
Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 2,833,996 shares, an increase of 25.8% from the July 31st total of 2,251,907 shares, AmericanBankingNews.com reports. Currently, 11.5% of the shares of the stock are short sold. Based on an average daily volume of 299,971 shares, the short-interest ratio is presently 9.4 days.
Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 33.90 on Thursday. Atlas Air Worldwide Holdings has a one year low of $29.81 and a one year high of $50.98. The stock’s 50-day moving average is $34.04 and its 200-day moving average is $34.85. The company has a market cap of $856.2 million and a P/E ratio of 9.35.
Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its earnings results on Thursday, July 31st. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.51 by $0.12. The company had revenue of $441.20 million for the quarter, compared to the consensus estimate of $396.20 million. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Analysts expect that Atlas Air Worldwide Holdings will post $3.30 EPS for the current fiscal year.
Atlas Air Worldwide Holdings, Inc (NASDAQ:AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas).
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