FTAI Aviation Ltd. (NASDAQ:FTAIN) Short Interest Up 19.1% in August

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 8,100 shares, an increase of 19.1% from the August 15th total of 6,800 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is currently 1.1 days.

FTAI Aviation Stock Performance

Shares of NASDAQ:FTAIN traded up $0.57 during trading on Tuesday, reaching $26.48. The stock had a trading volume of 24,913 shares, compared to its average volume of 7,008. The business has a fifty day moving average price of $25.48 and a 200-day moving average price of $25.33. FTAI Aviation has a fifty-two week low of $22.03 and a fifty-two week high of $26.49.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 6th were issued a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 7.79%. The ex-dividend date was Friday, September 6th.

FTAI Aviation Company Profile

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.