Air Industries Group (NYSEAMERICAN:AIRI) Short Interest Update

Air Industries Group (NYSEAMERICAN:AIRI) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 61,633 shares, a decrease of 18.8% from the February 26th total of 75,905 shares. Approximately 2.0% of the shares of the company are short sold. Based on an average trading volume of 93,829 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Air Industries Group

A number of hedge funds and other institutional investors have recently made changes to their positions in AIRI. Ground Swell Capital LLC bought a new position in Air Industries Group during the third quarter worth about $42,000. Citadel Advisors LLC bought a new position in Air Industries Group in the 3rd quarter valued at $77,000. Finally, Virtu Financial LLC acquired a new position in Air Industries Group during the 4th quarter worth about $83,000. 42.68% of the stock is owned by institutional investors.

Air Industries Group Stock Performance

Shares of AIRI stock traded up $0.09 during mid-day trading on Wednesday, reaching $3.32. The stock had a trading volume of 36,375 shares, compared to its average volume of 110,377. Air Industries Group has a one year low of $2.55 and a one year high of $4.17. The firm has a market cap of $15.87 million, a PE ratio of -9.76 and a beta of 0.03. The firm’s 50 day simple moving average is $3.29 and its 200 day simple moving average is $3.17. The company has a quick ratio of 0.30, a current ratio of 1.24 and a debt-to-equity ratio of 0.08.

Air Industries Group Company Profile

Air Industries Group, Inc (NYSE American: AIRI) is a precision engineering company headquartered in Ronkonkoma, New York. The firm specializes in the design, development and manufacture of air and gas handling solutions for high-performance applications. Its core offerings include turbomachinery components such as blowers, fans, compressors and turbines, as well as heat exchangers and related assemblies. Air Industries Group serves as an original equipment manufacturer (OEM) and a trusted supplier to a range of industries, with a particular focus on defense and aerospace.

The company’s product portfolio addresses the demanding requirements of military and commercial aerospace platforms, providing mission-critical airflow and thermal management systems.