Short Interest in FTAI Aviation Ltd. (NASDAQ:FTAIO) Grows By 25.4%

FTAI Aviation Ltd. (NASDAQ:FTAIO) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 22,200 shares, an increase of 25.4% from the August 15th total of 17,700 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 4.9 days.

FTAI Aviation Stock Performance

Shares of FTAIO stock traded down $0.29 during trading hours on Monday, reaching $24.18. The company had a trading volume of 838 shares, compared to its average volume of 6,127. The business has a fifty day moving average price of $24.16 and a 200-day moving average price of $22.92. FTAI Aviation has a one year low of $17.13 and a one year high of $25.00.

FTAI Aviation Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, August 31st. This represents a $6.00 annualized dividend and a yield of 24.81%.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires infrastructure and related 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.