What’s Next for Atlas Air Worldwide Holdings (NASDAQ:AAWW) After Having More Shares Shorted?

June 16, 2018 - By marketbeat

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) Logo

The stock of Atlas Air Worldwide Holdings (NASDAQ:AAWW) registered an increase of 1.14% in short interest. AAWW’s total short interest was 3.08M shares in June as published by FINRA. Its up 1.14% from 3.04M shares, reported previously. With 186,700 shares average volume, it will take short sellers 17 days to cover their AAWW’s short positions. The short interest to Atlas Air Worldwide Holdings’s float is 12.43%.

It closed at $72.85 lastly. It is down 37.46% since June 16, 2017 and is uptrending. It has outperformed by 24.89% the S&P500.

Atlas Air Worldwide Holdings, Inc., through its subsidiaries, provides outsourced aircraft and aviation operating services worldwide. The company has market cap of $1.86 billion. It operates through three divisions: ACMI, Charter, and Dry Leasing. It has a 8.42 P/E ratio. The firm offers outsourced cargo and passenger aircraft operating solutions comprising contractual service arrangements, which include the provision of aircraft to clients and value-added services, such as crew, maintenance, and insurance; and crew, maintenance, and insurance services for the customer providing aircraft.

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) Ratings Coverage

Among 4 analysts covering Atlas Air (NASDAQ:AAWW), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Atlas Air had 6 analyst reports since January 10, 2018 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 23 report. On Monday, February 26 the stock rating was maintained by Susquehanna with “Buy”. The firm has “Hold” rating given on Monday, January 8 by Stephens. The stock of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) has “Buy” rating given on Thursday, January 18 by Stifel Nicolaus. The stock of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) earned “Buy” rating by Cowen & Co on Wednesday, January 10. The stock of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) earned “Hold” rating by Stephens on Thursday, February 22.

More notable recent Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) news were published by: Nasdaq.com which released: “Report: Developing Opportunities within Equinix, Sonus Networks, Celgene, National Grid, Atlas Air Worldwide, and …” on June 14, 2018, also Nasdaq.com with their article: “Polar Air Cargo Worldwide Announces Lars Winkelbauer as Executive Vice President and Chief Operating Officer” published on May 30, 2018, Nasdaq.com published: “Atlas Air Worldwide Elects Jane H. Lute and Sheila A. Stamps To Board of Directors” on May 23, 2018. More interesting news about Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) were released by: Investorplace.com and their article: “5 Value Stocks With Enticing EV/EBITDA Ratios to Own Now” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “Atlas Air Worldwide Endorses Preservation of United States–United Arab Emirates Open Skies” with publication date: May 18, 2018.

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) Institutional Positions Chart

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