Volato Group, Inc. (NYSEAMERICAN:SOAR – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 974,400 shares, a drop of 31.9% from the August 15th total of 1,430,000 shares. Approximately 6.3% of the company’s shares are short sold. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is presently 0.5 days.
Volato Group Stock Down 1.4 %
Shares of NYSEAMERICAN SOAR traded down $0.01 during mid-day trading on Friday, reaching $0.48. 96,336 shares of the company’s stock were exchanged, compared to its average volume of 693,760. Volato Group has a twelve month low of $0.33 and a twelve month high of $35.00.
Volato Group (NYSEAMERICAN:SOAR – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.49) earnings per share for the quarter. The firm had revenue of $15.13 million for the quarter.
Volato Group Company Profile
Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.
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