Volato Group, Inc. (NYSEAMERICAN:SOAR) Sees Large Increase in Short Interest

Volato Group, Inc. (NYSEAMERICAN:SOAR) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 408,600 shares, a growth of 177.0% from the October 31st total of 147,500 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,400,000 shares, the days-to-cover ratio is presently 0.0 days.

Volato Group Trading Down 2.0 %

SOAR traded down $0.01 on Friday, hitting $0.26. The company had a trading volume of 2,132,568 shares, compared to its average volume of 3,928,303. Volato Group has a 12-month low of $0.17 and a 12-month high of $28.00.

About Volato Group

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.