Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,730,000 shares, an increase of 7.5% from the November 15th total of 1,610,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the short-interest ratio is currently 1.7 days. Currently, 12.1% of the shares of the stock are sold short.
Wall Street Analysts Forecast Growth
Separately, Benchmark reaffirmed a "buy" rating and set a $6.00 price target on shares of Airship AI in a research report on Tuesday, November 19th.
Check Out Our Latest Analysis on AISP
Insider Transactions at Airship AI
In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $101,700.00. Following the transaction, the chief technology officer now owns 60,000 shares of the company's stock, valued at approximately $203,400. The trade was a 33.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 57.90% of the company's stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. lifted its stake in Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company's stock worth $68,000 after purchasing an additional 12,214 shares in the last quarter. State Street Corp raised its holdings in shares of Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company's stock valued at $296,000 after buying an additional 45,247 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock worth $459,000 after acquiring an additional 21,616 shares in the last quarter. Institutional investors and hedge funds own 5.89% of the company's stock.
Airship AI Stock Performance
Shares of NASDAQ AISP traded up $0.22 during mid-day trading on Friday, reaching $3.17. 1,174,232 shares of the company's stock were exchanged, compared to its average volume of 2,633,453. The company's 50-day moving average is $2.56 and its 200-day moving average is $3.09. Airship AI has a 52-week low of $1.34 and a 52-week high of $14.32.
Airship AI Company Profile
(
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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.
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