Airship AI Holdings, Inc. (NASDAQ:AISP) Short Interest Update

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,050,000 shares, a drop of 29.3% from the February 13th total of 2,900,000 shares. Approximately 11.1% of the shares of the company are sold short. Based on an average trading volume of 2,650,000 shares, the short-interest ratio is presently 0.8 days.

Insider Transactions at Airship AI

In other Airship AI news, CTO Yanda Ma sold 60,000 shares of Airship AI stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $6.45, for a total value of $387,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the company'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 value of $137,500.00. The disclosure for this sale can be found here. Insiders own 57.90% of the company's stock.

Institutional Investors Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its stake in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company's stock valued at $68,000 after purchasing an additional 12,214 shares during the period. State Street Corp grew its position in Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company's stock worth $296,000 after buying an additional 45,247 shares during the period. Geode Capital Management LLC increased its holdings in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock valued at $459,000 after buying an additional 21,616 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company's stock valued at $63,000 after acquiring an additional 26,095 shares during the period. Finally, Kieckhefer Group LLC purchased a new stake in shares of Airship AI during the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 5.89% of the company's stock.

Remove Ads

Airship AI Trading Up 6.9 %

Shares of AISP traded up $0.30 during mid-day trading on Wednesday, hitting $4.68. The company's stock had a trading volume of 1,164,573 shares, compared to its average volume of 1,747,890. The firm has a 50-day simple moving average of $4.66 and a 200 day simple moving average of $3.61. The firm has a market capitalization of $148.71 million, a P/E ratio of -1.73 and a beta of 0.07. Airship AI has a 1-year low of $1.90 and a 1-year high of $14.32.

Analyst Ratings Changes

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

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.