AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Decline in Short Interest

AirNet Technology Inc. (NASDAQ:ANTE) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 10,600 shares, a decline of 47.3% from the January 15th total of 20,100 shares. Based on an average trading volume of 95,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

AirNet Technology Stock Up 5.8 %

AirNet Technology stock opened at $0.45 on Thursday. The stock’s 50 day moving average is $0.45 and its 200 day moving average is $0.48. AirNet Technology has a one year low of $0.26 and a one year high of $2.90.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.