Short Interest in Airship AI Holdings, Inc. (NASDAQ:AISP) Declines By 29.3%

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 2,050,000 shares, a decrease of 29.3% from the February 13th total of 2,900,000 shares. Based on an average daily volume of 2,650,000 shares, the short-interest ratio is presently 0.8 days. Currently, 11.1% of the shares of the stock are sold short.

Insider Buying and Selling

In related news, CTO Yanda Ma sold 60,000 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The disclosure for this sale can be found here. Company insiders own 57.90% of the company’s stock.

Institutional Investors Weigh In On Airship AI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AISP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Airship AI by 150.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company’s stock valued at $26,000 after purchasing an additional 2,482 shares during the last quarter. Barclays PLC boosted its position in Airship AI by 29.0% in the 4th quarter. Barclays PLC now owns 12,746 shares of the company’s stock valued at $80,000 after buying an additional 2,865 shares during the last quarter. Northern Trust Corp increased its stake in shares of Airship AI by 9.0% in the 4th quarter. Northern Trust Corp now owns 73,138 shares of the company’s stock valued at $458,000 after buying an additional 6,031 shares during the period. Kieckhefer Group LLC bought a new stake in shares of Airship AI during the fourth quarter worth $47,000. Finally, XTX Topco Ltd bought a new position in Airship AI in the fourth quarter valued at about $75,000. Institutional investors and hedge funds own 5.89% of the company’s stock.

Airship AI Stock Performance

Shares of NASDAQ:AISP opened at $3.76 on Monday. The business has a fifty day moving average of $4.70 and a 200-day moving average of $3.59. The firm has a market cap of $119.38 million, a PE ratio of -1.40 and a beta of 0.07. Airship AI has a twelve month low of $1.90 and a twelve month high of $14.32.

Wall Street Analysts Forecast Growth

Separately, Benchmark reiterated a “buy” rating and issued a $6.00 target price on shares of Airship AI in a research note on Tuesday, November 19th.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.