Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Short Interest Up 43.1% in March

Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,960,000 shares, an increase of 43.1% from the March 15th total of 1,370,000 shares. Currently, 9.4% of the shares of the company are sold short. Based on an average daily volume of 135,800 shares, the days-to-cover ratio is presently 14.4 days.

Analyst Ratings Changes

Separately, B. Riley upgraded Sky Harbour Group to a "strong-buy" rating in a research note on Tuesday, January 7th.

Institutional Trading of Sky Harbour Group

A number of large investors have recently made changes to their positions in the company. State Street Corp increased its position in shares of Sky Harbour Group by 1.1% in the 3rd quarter. State Street Corp now owns 125,483 shares of the company's stock valued at $1,385,000 after buying an additional 1,406 shares in the last quarter. Barclays PLC raised its stake in shares of Sky Harbour Group by 10.2% in the 4th quarter. Barclays PLC now owns 17,973 shares of the company's stock valued at $214,000 after purchasing an additional 1,658 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Sky Harbour Group by 40.2% in the fourth quarter. Wells Fargo & Company MN now owns 6,300 shares of the company's stock valued at $75,000 after purchasing an additional 1,807 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Sky Harbour Group during the fourth quarter worth about $26,000. Finally, Geode Capital Management LLC grew its holdings in shares of Sky Harbour Group by 2.8% during the third quarter. Geode Capital Management LLC now owns 251,465 shares of the company's stock worth $2,777,000 after buying an additional 6,887 shares in the last quarter. Institutional investors own 14.75% of the company's stock.

Sky Harbour Group Price Performance

Shares of Sky Harbour Group stock traded up $0.04 on Wednesday, hitting $11.10. 8,053 shares of the company's stock traded hands, compared to its average volume of 95,115. The firm's 50-day moving average price is $11.33 and its two-hundred day moving average price is $11.41. The stock has a market capitalization of $839.27 million, a PE ratio of -5.36 and a beta of 1.74. Sky Harbour Group has a one year low of $8.26 and a one year high of $14.52.

About Sky Harbour Group

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.