FTAI Aviation Ltd. (NASDAQ:FTAIM) Short Interest Update

FTAI Aviation Ltd. (NASDAQ:FTAIM) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,000 shares, a decrease of 23.1% from the February 13th total of 3,900 shares. Based on an average trading volume of 9,100 shares, the short-interest ratio is currently 0.3 days.

FTAI Aviation Stock Performance

NASDAQ FTAIM traded down $0.01 during trading hours on Monday, hitting $26.04. The company had a trading volume of 2,795 shares, compared to its average volume of 10,856. FTAI Aviation has a 1-year low of $24.76 and a 1-year high of $28.16. The business has a 50 day moving average of $26.19 and a 200-day moving average of $26.51.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 10th will be issued a $0.5938 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 9.12%.

Institutional Investors Weigh In On FTAI Aviation

An institutional investor recently raised its position in FTAI Aviation stock. Shikiar Asset Management Inc. grew its holdings in FTAI Aviation Ltd. (NASDAQ:FTAIM) by 26.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 162,650 shares of the company’s stock after buying an additional 34,300 shares during the period. FTAI Aviation accounts for approximately 1.2% of Shikiar Asset Management Inc.’s portfolio, making the stock its 29th largest position. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,359,000 as of its most recent SEC filing.

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.