Air Industries Group (NYSEAMERICAN:AIRI) Short Interest Update

Air Industries Group (NYSEAMERICAN:AIRI) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 3,400 shares, a decline of 89.5% from the February 28th total of 32,400 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 49,100 shares, the short-interest ratio is presently 0.1 days.

Air Industries Group Price Performance

NYSEAMERICAN:AIRI traded down $0.12 on Wednesday, reaching $3.72. The stock had a trading volume of 19,620 shares, compared to its average volume of 40,368. The company has a market capitalization of $12.50 million, a P/E ratio of -20.67 and a beta of 0.18. The stock has a fifty day moving average price of $4.24 and a 200-day moving average price of $4.85. The company has a quick ratio of 0.30, a current ratio of 1.44 and a debt-to-equity ratio of 0.54. Air Industries Group has a 1-year low of $3.03 and a 1-year high of $9.44.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its position in Air Industries Group by 26.6% during the 4th quarter. Geode Capital Management LLC now owns 25,367 shares of the company’s stock worth $103,000 after buying an additional 5,329 shares in the last quarter. Virtu Financial LLC raised its stake in shares of Air Industries Group by 55.8% in the fourth quarter. Virtu Financial LLC now owns 16,699 shares of the company’s stock worth $68,000 after acquiring an additional 5,982 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Air Industries Group during the fourth quarter worth approximately $58,000. Empowered Funds LLC bought a new stake in shares of Air Industries Group during the fourth quarter valued at approximately $70,000. Finally, Two Sigma Investments LP bought a new stake in shares of Air Industries Group during the fourth quarter valued at approximately $74,000. 42.68% of the stock is owned by institutional investors and hedge funds.

About Air Industries Group

Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.