Short Interest in Madison Air Solutions Corporation (NYSE:MAIR) Expands By ?

Madison Air Solutions Corporation (NYSE:MAIR) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,282,069 shares, an increase of ? from the April 15th total of 0 shares. Based on an average daily volume of 8,242,721 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.9% of the company’s stock are short sold.

Analyst Ratings Changes

Several analysts have commented on the stock. Zacks Research raised shares of Madison Air Solutions to a “hold” rating in a research report on Tuesday, May 12th. Barclays assumed coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They issued an “overweight” rating and a $45.00 price objective on the stock. William Blair assumed coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. Jefferies Financial Group assumed coverage on shares of Madison Air Solutions in a research report on Tuesday, May 12th. They issued a “hold” rating and a $45.00 price objective on the stock. Finally, Citigroup assumed coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They issued a “buy” rating and a $49.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Madison Air Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

Madison Air Solutions Stock Performance

Shares of MAIR stock opened at $38.38 on Tuesday. Madison Air Solutions has a 52 week low of $31.00 and a 52 week high of $44.25.

Madison Air Solutions (NYSE:MAIR) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $83,088.00 earnings per share (EPS) for the quarter. The business had revenue of $923.70 million during the quarter, compared to the consensus estimate of $847.55 million.

Madison Air Solutions Company Profile

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.