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

FTAI Aviation Ltd. (NASDAQ:FTAIO) was the target of a large decrease in short interest during 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 daily volume of 9,700 shares, the short-interest ratio is presently 1.9 days.

FTAI Aviation Trading Up 0.3 %

Shares of FTAIO opened at $25.45 on Friday. FTAI Aviation has a 52 week low of $23.61 and a 52 week high of $26.59. The stock has a fifty day moving average of $25.78 and a 200-day 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. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date of this dividend is Monday, December 2nd.

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.