Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIO) Decreases By 37.2%

FTAI Aviation Ltd. (NASDAQ:FTAIOGet Free Report) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 18,700 shares, a decline of 37.2% from the October 15th total of 29,800 shares. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is presently 1.9 days.

FTAI Aviation Price Performance

FTAIO stock remained flat at $25.45 during midday trading on Thursday. 8,731 shares of the company’s stock were exchanged, compared to its average volume of 9,326. The company’s 50-day moving average price is $25.78 and its 200 day moving average price is $25.46. FTAI Aviation has a 12 month low of $23.61 and a 12 month high of $26.59.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.00 annualized dividend and a dividend yield of 7.86%.

About FTAI Aviation

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FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.

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