Volato Group, Inc. (NYSEAMERICAN:SOAR) Short Interest Down 56.4% in January

Volato Group, Inc. (NYSEAMERICAN:SOAR) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 381,400 shares, a drop of 56.4% from the December 31st total of 874,559 shares. Based on an average daily volume of 932,932 shares, the days-to-cover ratio is presently 0.4 days. Approximately 6.9% of the shares of the company are sold short. Approximately 6.9% of the shares of the company are sold short. Based on an average daily volume of 932,932 shares, the days-to-cover ratio is presently 0.4 days.

Volato Group Price Performance

Shares of NYSEAMERICAN SOAR traded up $0.06 during trading hours on Thursday, hitting $0.64. 1,039,161 shares of the company’s stock were exchanged, compared to its average volume of 1,596,628. The company’s 50-day moving average price is $0.92 and its 200-day moving average price is $1.44. Volato Group has a 1-year low of $0.41 and a 1-year high of $6.48.

Volato Group (NYSEAMERICAN:SOAR) last posted its quarterly earnings data on Thursday, November 13th. The company reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $0.38 million for the quarter.

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.