AirSculpt Technologies, Inc. (NASDAQ:AIRS – Get Free Report) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,920,000 shares, a growth of 7.9% from the October 15th total of 1,780,000 shares. Based on an average trading volume of 83,100 shares, the days-to-cover ratio is currently 23.1 days. Approximately 16.4% of the company’s shares are sold short.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. TheStreet lowered AirSculpt Technologies from a “c-” rating to a “d+” rating in a research note on Tuesday, September 12th. Morgan Stanley dropped their price objective on shares of AirSculpt Technologies from $8.00 to $6.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, Raymond James boosted their price objective on shares of AirSculpt Technologies from $8.00 to $10.00 and gave the company an “outperform” rating in a research report on Tuesday, August 1st.
Institutional Investors Weigh In On AirSculpt Technologies
AirSculpt Technologies Stock Performance
Shares of NASDAQ AIRS opened at $4.99 on Friday. The firm has a 50-day simple moving average of $6.61 and a two-hundred day simple moving average of $7.40. AirSculpt Technologies has a 1 year low of $2.96 and a 1 year high of $9.94. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.83 and a quick ratio of 1.12.
About AirSculpt Technologies
AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers custom body contouring using its AirSculpt procedure that removes unwanted fat in a minimally invasive procedure.
- Five stocks we like better than AirSculpt Technologies
- How to Start Investing in Penny Stocks
- Williams-Sonoma is a steal for buy-and-hold investors
- What is Short Interest? How to Use It
- A closer look at Warren Buffett’s latest surprise purchase
- The “How” and “Why” of Investing in 5G Stocks
- GE stock surges to six-year high: What’s behind the move?
Receive News & Ratings for AirSculpt Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AirSculpt Technologies and related companies with MarketBeat.com's FREE daily email newsletter.