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

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 2,500 shares, a growth of 31.6% from the October 31st total of 1,900 shares. Based on an average trading volume of 4,900 shares, the days-to-cover ratio is presently 0.5 days.

FTAI Aviation Stock Up 0.8 %

Shares of NASDAQ FTAIN opened at $26.30 on Monday. The company has a fifty day moving average price of $25.96 and a 200 day moving average price of $25.63. FTAI Aviation has a 1-year low of $23.30 and a 1-year high of $26.49.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.5156 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.06 annualized dividend and a dividend yield of 7.84%.

Institutional Investors Weigh In On FTAI Aviation

A hedge fund recently bought a new stake in FTAI Aviation stock. Shikiar Asset Management Inc. purchased a new stake in FTAI Aviation Ltd. (NASDAQ:FTAIN) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 41,400 shares of the company’s stock, valued at approximately $1,062,000.

About FTAI Aviation

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.