AirSculpt Technologies (NASDAQ:AIRS) experienced a significant 22.0% decrease in short interest during January, falling to 3,257,996 shares. This represents 22.3% of its shares sold short and a short-interest ratio of 1.6 days. Despite the drop in short interest, the company’s stock traded down 2.6% to $1.89 during midday trading on Friday, with analysts giving a “Reduce” consensus rating and an average price target of $6.00.
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AirSculpt Technologies, Inc. (NASDAQ:AIRS) Sees Large Drop in Short Interest
AirSculpt Technologies (NASDAQ:AIRS) experienced a significant 22.0% decrease in short interest during January, falling to 3,257,996 shares. This represents 22.3% of its shares sold short and a short-interest ratio of 1.6 days. Despite the drop in short interest, the company’s stock traded down 2.6% to $1.89 during midday trading on Friday, with analysts giving a “Reduce” consensus rating and an average price target of $6.00.