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

FTAI Aviation Ltd. (NASDAQ:FTAIP) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 2,200 shares, an increase of 100.0% from the March 31st total of 1,100 shares. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is currently 0.2 days.

FTAI Aviation Trading Up 0.2 %

Shares of NASDAQ:FTAIP traded up $0.04 during mid-day trading on Friday, reaching $25.25. 5,624 shares of the company traded hands, compared to its average volume of 10,190. The company’s 50 day moving average price is $25.18 and its 200-day moving average price is $24.79. FTAI Aviation has a 52 week low of $21.26 and a 52 week high of $25.63.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Tuesday, March 5th were given a $0.5156 dividend. The ex-dividend date of this dividend was Monday, March 4th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.17%.

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.