Aercap Holdings N.V. (NYSE:AER), A increase of 2,128,202 shares or 18.3% was observed in the short interest of AerCap Holdings N.V. The interest on June 15,2016 came in at 13,736,256 shares and as per the average daily trading of 2,004,747 shares, the days to cover are 7. The increased interest is 8.6% of the floated shares. The data of May 31,2016 put the interest at 11,608,054 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Aercap Holdings N.V. (NYSE:AER): The stock opened at $36.56 on Friday but the bulls could not build on the opening and the stock topped out at $36.56 for the day. The stock traded down to $34.41 during the day, due to lack of any buying support eventually closed down at $34.56 with a loss of -9.86% for the day. The stock had closed at $38.34 on the previous day. The total traded volume was 4,503,247 shares.
The company shares have dropped -24.85% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $49.04 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $38.19 and the 200 Day Moving Average price is recorded at $37.21.
Aercap Holdings N.V. (NYSE:AER) has tumbled 6.54% during the past week and has dropped 11.02% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.99%. Aercap Holdings N.V. (NYSE:AER) has underperformed the index by 8.33% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. The Company owns 1,132 aircraft, including 1,100 aircraft held for operating lease, 27 aircraft under finance and sales-type lease, four aircraft that met the criteria for being classified as held for sale and one aircraft under contract to be parted-out, but excluding three aircraft owned by AeroTurbine. The Company also managed 115 aircraft and AerDragon, a non-consolidated joint venture, owned or had on order another 32 aircraft. The Company also has 380 new aircraft on order. The Companys owned and managed aircraft are leased to over 200 commercial airline and cargo operator customers in approximately 90 countries. The Company offers aircraft services, including aircraft asset management, administrative services and cash management services.