AirNet Technology Inc. sees decline in short interest, analyst ratings and trading updates

AirNet Technology Inc. (NASDAQ: ANTE) has seen a decline in short interest in June, with a 9.0% decrease from May 31st to June 15th. The company currently has 18,300 shares held short, with an average trading volume of 22,500 shares and a days-to-cover ratio of 0.8 days. This means that only 0.1% of the company’s stock is being short sold.

On Monday, shares of ANTE opened at $1.08, with a fifty-day moving average of $1.10 and a 200-day moving average of $1.06. The stock’s 12-month low is $0.56 and its high is $1.95. AirNet Technology Inc., based in China, operates out-of-home advertising networks and provides in-flight solutions for connectivity, entertainment, and digital multimedia content such as sports, comedies, local attractions, reality shows, documentaries and copyrighted entertainment content as well as internet connections through a network of satellites and land-based beacons.

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