Volato Group Inc (AMEX:SOAR) Drops -22.32% In One Week: What’s Boosting Its Stock?

In last trading session, Volato Group Inc (AMEX:SOAR) saw 2.86 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $0.27 trading at -$0.02 or -9.30% at ring of the bell on the day assigns it a market valuation of $7.19M. That closing price of SOAR’s stock is at a discount of -12862.96% from its 52-week high price of $35.00 and is indicating a premium of 37.04% from its 52-week low price of $0.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 74.66 million shares which gives us an average trading volume of 12.40 million if we extend that period to 3-months.

Volato Group Inc (AMEX:SOAR) trade information

Upright in the red during last session for losing -9.30%, in the last five days SOAR remained trading in the red while hitting it’s week-highest on Thursday, 11/21/24 when the stock touched $0.27 price level, adding 22.86% to its value on the day. Volato Group Inc’s shares saw a change of -92.95% in year-to-date performance and have moved -22.32% in past 5-day. Volato Group Inc (AMEX:SOAR) showed a performance of -8.02% in past 30-days. Number of shares sold short was 0.15 million shares which calculate 0.61 days to cover the short interests.

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On the other hand, Vanguard Extended Market Index Fund and BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 355.93 shares of worth $94748.0 or 5.52% of the total outstanding shares. The later fund manager was in possession of 87.35 shares on Jun 30, 2024 , making its stake of worth around $23252.0 in the company or a holder of 1.36% of company’s stock.