SFRM (22% ADR) – On Focus List for RVOL
$Surf Air Mobility Inc.(SRFM)$ (22% ADR) – On Focus List for RVOL
Noting the attractive share profile with just 19M shares outstanding and a 21% short float. Despite a modest $200M market cap, average dollar volume surged to $56M following its breakout on June 24.
After a 350% run in under three weeks, price has since pulled back and is now consolidating at its rising 10- and 20-day MA, and also regaining its posture at 3.5 x ATR% from 50-MA.
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