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

FTAI Aviation Ltd. (NASDAQ:FTAIP) saw a large increase in short interest during the month of 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 days-to-cover ratio is currently 0.2 days.

FTAI Aviation Trading Up 0.2 %

NASDAQ FTAIP traded up $0.04 during trading hours on Friday, hitting $25.25. 5,624 shares of the stock were exchanged, compared to its average volume of 10,190. FTAI Aviation has a 12-month low of $21.26 and a 12-month high of $25.63. The stock has a 50-day moving average of $25.18 and a 200 day moving average of $24.79.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Tuesday, March 5th were paid a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.17%. The ex-dividend date was Monday, March 4th.

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.