Short Interest in AirNet Technology Inc. (NASDAQ:ANTE) Decreases By 78.0%

by · The Markets Daily

AirNet Technology Inc. (NASDAQ:ANTE – Get Free Report) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 38,100 shares, a drop of 78.0% from the October 31st total of 173,300 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 336,500 shares, the days-to-cover ratio is currently 0.1 days.

AirNet Technology Stock Down 5.8 %

Shares of NASDAQ:ANTE traded down $0.03 during mid-day trading on Friday, hitting $0.42. 83,505 shares of the company traded hands, compared to its average volume of 246,756. The stock has a 50-day moving average price of $0.44 and a two-hundred day moving average price of $0.71. AirNet Technology has a 12-month low of $0.26 and a 12-month high of $2.90.

AirNet Technology Company Profile

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AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.

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