Short Interest in Airship AI Holdings, Inc. (NASDAQ:AISP) Expands By 30.0%

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 783,000 shares, an increase of 30.0% from the September 15th total of 602,300 shares. Based on an average daily volume of 731,700 shares, the days-to-cover ratio is presently 1.1 days. Approximately 5.6% of the shares of the stock are sold short.

Insider Activity at Airship AI

In other Airship AI news, President Paul M. Allen sold 30,000 shares of the business's stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $3.40, for a total transaction of $102,000.00. Following the sale, the president now owns 70,000 shares of the company's stock, valued at approximately $238,000. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 15.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Airship AI stock. Virtu Financial LLC purchased a new position in shares of Airship AI Holdings, Inc. (NASDAQ:AISP - Free Report) in the first quarter, according to its most recent filing with the SEC. The firm purchased 22,379 shares of the company's stock, valued at approximately $147,000. Virtu Financial LLC owned 0.10% of Airship AI at the end of the most recent quarter. Institutional investors and hedge funds own 5.89% of the company's stock.

Airship AI Stock Performance

Shares of AISP stock traded up $0.19 during mid-day trading on Friday, reaching $2.30. 1,677,944 shares of the stock traded hands, compared to its average volume of 2,914,687. The stock's fifty day simple moving average is $2.76 and its two-hundred day simple moving average is $4.40. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32.

Airship AI (NASDAQ:AISP - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The business had revenue of $6.40 million during the quarter, compared to analyst estimates of $5.40 million. Equities research analysts forecast that Airship AI will post -0.16 EPS for the current year.

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.