FTAI Aviation Ltd. (NASDAQ:FTAIO) Sees Large Growth in Short Interest

FTAI Aviation Ltd. (NASDAQ:FTAIO) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 8,500 shares, a growth of 1,114.3% from the November 15th total of 700 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is currently 0.7 days.

FTAI Aviation Stock Performance

NASDAQ FTAIO remained flat at $25.12 during trading hours on Wednesday. The company had a trading volume of 84,464 shares, compared to its average volume of 10,546. FTAI Aviation has a 52 week low of $23.61 and a 52 week high of $26.59. The stock has a 50 day moving average price of $25.65 and a 200 day moving average price of $25.47.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, December 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.96%.

About FTAI Aviation

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.