FTAI Aviation Ltd. (NASDAQ:FTAIO) Short Interest Down 37.2% in October

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

FTAI Aviation Stock Up 0.3 %

FTAIO opened at $25.45 on Friday. FTAI Aviation has a twelve month low of $23.61 and a twelve month high of $26.59. The company has a 50-day simple moving average of $25.78 and a 200 day simple moving average of $25.47.

FTAI Aviation Announces Dividend

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 given a dividend of $0.50 per share. 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%.

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.