Airship AI Holdings, Inc. (NASDAQ:AISP) Sees Significant Decrease in Short Interest

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,290,000 shares, a decrease of 9.5% from the January 15th total of 2,530,000 shares. Based on an average daily trading volume, of 2,720,000 shares, the short-interest ratio is currently 0.8 days. Currently, 12.0% of the shares of the company are short sold.

Insider Buying and Selling at Airship AI

In related news, CFO Mark E. Scott sold 22,000 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total transaction of $137,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Yanda Ma sold 30,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total transaction of $95,400.00. Following the sale, the chief technology officer now owns 30,000 shares in the company, valued at approximately $95,400. The trade was a 50.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 142,000 shares of company stock valued at $721,600. Insiders own 57.90% of the company's stock.

Institutional Trading of Airship AI

A number of large investors have recently made changes to their positions in AISP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Airship AI by 150.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company's stock valued at $26,000 after buying an additional 2,482 shares in the last quarter. Northern Trust Corp increased its position in shares of Airship AI by 9.0% during the fourth quarter. Northern Trust Corp now owns 73,138 shares of the company's stock worth $458,000 after acquiring an additional 6,031 shares during the period. Oxford Asset Management LLP bought a new stake in shares of Airship AI during the fourth quarter valued at approximately $118,000. XTX Topco Ltd purchased a new stake in shares of Airship AI in the fourth quarter valued at approximately $75,000. Finally, Mariner LLC bought a new position in Airship AI in the fourth quarter worth approximately $95,000. 5.89% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Benchmark restated a "buy" rating and set a $6.00 target price on shares of Airship AI in a research note on Tuesday, November 19th.

Airship AI Stock Down 6.3 %

AISP traded down $0.34 on Thursday, hitting $5.03. 1,863,405 shares of the company's stock traded hands, compared to its average volume of 2,234,339. The company's 50 day simple moving average is $5.05 and its 200-day simple moving average is $3.51. Airship AI has a one year low of $1.43 and a one year high of $14.32.

About Airship AI

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.