AirNet Technology Inc. (NASDAQ:ANTE) Sees Large Decrease in Short Interest

ByThomas L. Elston

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AirNet Technology Inc. (NASDAQ:ANTEGet Ranking) noticed a substantial drop in short desire in the thirty day period of April. As of April 15th, there was quick curiosity totalling 64,700 shares, a drop of 26.3% from the March 31st whole of 87,800 shares. Centered on an normal investing quantity of 31,900 shares, the small-desire ratio is at this time 2. times. Roughly .4% of the shares of the business are sold small.

ANTE inventory opened at $1.20 on Monday. AirNet Technologies has a a single yr low of $1.10 and a 1 year substantial of $3.90. The company has a fifty working day shifting average of $1.52 and a 200-working day relocating regular of $1.75.

A hedge fund a short while ago acquired a new stake in AirNet Technology stock. Mercer Worldwide Advisors Inc. ADV acquired a new stake in AirNet Know-how Inc. (NASDAQ:ANTEGet Ranking) in the 3rd quarter, according to the firm in its most recent submitting with the Securities and Exchange Fee (SEC). The organization obtained 11,447 shares of the organization expert services provider’s inventory, valued at close to $30,000. Mercer World Advisors Inc. ADV owned .08% of AirNet Technology as of its most modern SEC filing. Institutional investors and hedge money possess 4.45% of the company’s stock.

About AirNet Technology (Get Score)

AirNet Know-how Inc operates out-of-home advertising and marketing platforms in the People’s Republic of China. The business supplies promoting time slots in the variety of electronic Television screens on airplanes and media contents exhibit in air vacation and gas station media community. It also shows non-marketing material, like comedy clips, film, Tv set sequence, sporting activities, neighborhood points of interest, truth displays, commentaries, and documentaries.

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