FTAI Aviation Ltd. (NASDAQ:FTAIM) Short Interest Update

FTAI Aviation Ltd. (NASDAQ:FTAIM) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 583 shares, an increase of 166.2% from the November 30th total of 219 shares. Based on an average daily volume of 4,813 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 4,813 shares, the short-interest ratio is presently 0.1 days.

FTAI Aviation Stock Up 0.1%

Shares of NASDAQ:FTAIM opened at $26.69 on Friday. FTAI Aviation has a 1 year low of $24.60 and a 1 year high of $27.25. The stock’s fifty day moving average price is $26.81 and its 200-day moving average price is $26.72.

FTAI Aviation Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.59 per share. The ex-dividend date was Monday, December 1st. This represents a $2.36 annualized dividend and a yield of 8.8%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. grew its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAIM) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 158,630 shares of the company’s stock after purchasing an additional 6,430 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,248,000 as of its most recent filing with the Securities & Exchange Commission.

About FTAI Aviation

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.