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

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,320,000 shares, an increase of 154.7% from the May 31st total of 518,200 shares. Approximately 12.4% of the company’s stock are short sold. Based on an average trading volume of 2,360,000 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Airship AI

A hedge fund recently bought a new stake in Airship AI stock. CastleKnight Management LP acquired a new stake in Airship AI Holdings, Inc. (NASDAQ:AISP) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 216,867 shares of the company’s stock, valued at approximately $369,000. CastleKnight Management LP owned 1.89% of Airship AI as of its most recent filing with the SEC. 5.89% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AISP has been the topic of several analyst reports. Roth Capital upgraded shares of Airship AI to a “strong-buy” rating in a report on Monday, May 20th. Roth Mkm started coverage on Airship AI in a research note on Monday, May 20th. They issued a “buy” rating and a $12.00 target price on the stock.

Airship AI Price Performance

Shares of Airship AI stock traded up $0.02 during trading hours on Friday, hitting $3.36. 163,975 shares of the company’s stock traded hands, compared to its average volume of 4,194,285. Airship AI has a 12-month low of $1.34 and a 12-month high of $14.32. The stock’s fifty day moving average is $5.11.

Airship AI (NASDAQ:AISP) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.07) EPS for the quarter. The business had revenue of $10.58 million for the quarter. As a group, equities analysts anticipate that Airship AI will post -0.16 EPS for the current fiscal year.

Airship AI Company Profile

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.