Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Update

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 4,984,917 shares, an increase of 20.1% from the January 15th total of 4,151,049 shares. Based on an average daily volume of 1,403,505 shares, the days-to-cover ratio is presently 3.6 days. Approximately 29.4% of the shares of the company are sold short. Approximately 29.4% of the shares of the company are sold short. Based on an average daily volume of 1,403,505 shares, the days-to-cover ratio is presently 3.6 days.

Airship AI Stock Performance

NASDAQ:AISP opened at $2.43 on Tuesday. Airship AI has a fifty-two week low of $2.38 and a fifty-two week high of $7.20. The company has a 50 day simple moving average of $3.10 and a two-hundred day simple moving average of $4.12. The company has a market capitalization of $77.54 million, a PE ratio of -1.20 and a beta of 0.34.

Airship AI (NASDAQ:AISP) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.13. The firm had revenue of $1.18 million during the quarter, compared to analyst estimates of $8.30 million. Research analysts predict that Airship AI will post 1.71 EPS for the current year.

Insider Activity

In other news, President Paul M. Allen acquired 100,000 shares of Airship AI stock in a transaction dated Monday, December 29th. The stock was bought at an average price of $2.74 per share, for a total transaction of $274,000.00. Following the completion of the acquisition, the president directly owned 151,948 shares in the company, valued at approximately $416,337.52. The trade was a 192.50% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Victor Huang bought 51,000 shares of the stock in a transaction dated Thursday, November 20th. The shares were purchased at an average price of $3.18 per share, for a total transaction of $162,180.00. Following the purchase, the chief executive officer owned 194,849 shares of the company’s stock, valued at $619,619.82. This trade represents a 35.45% increase in their position. The disclosure for this purchase is available in the SEC filing. 46.80% of the stock is owned by corporate insiders.

Institutional Trading of Airship AI

A number of institutional investors have recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Airship AI in the second quarter valued at $30,000. Kovack Advisors Inc. bought a new position in Airship AI in the 4th quarter valued at about $31,000. Quarry LP bought a new position in Airship AI in the 3rd quarter valued at about $31,000. Independent Advisor Alliance acquired a new position in Airship AI during the 4th quarter valued at about $32,000. Finally, SG Americas Securities LLC bought a new stake in Airship AI during the 4th quarter worth approximately $39,000. Institutional investors own 5.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, January 21st. Wall Street Zen upgraded Airship AI from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Roth Mkm set a $8.00 target price on shares of Airship AI in a report on Monday, December 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell” and an average price target of $8.00.

About Airship AI

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.