FTAI Aviation Ltd. (NASDAQ:FTAIN) Sees Large Increase in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIN) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 3,000 shares, a growth of 25.0% from the June 30th total of 2,400 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 0.6 days.

FTAI Aviation Stock Up 0.1 %

Shares of FTAIN traded up $0.02 during trading hours on Tuesday, hitting $25.65. 402 shares of the stock were exchanged, compared to its average volume of 5,914. FTAI Aviation has a 12-month low of $22.03 and a 12-month high of $26.09. The stock’s 50-day moving average price is $25.38 and its two-hundred day moving average price is $25.22.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, September 6th will be paid a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date of this dividend is 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.