Archer Aviation sees significant bullish flow, with shares up 3.42% and options volume exceeding average.

Archer Aviation's shares have surged 3.42% to $11.64, driven by bullish flow. Options volume is above average, with calls leading puts, and implied volatility is higher. Put-call skew has flattened, indicating a modestly bullish tone.

Archer Aviation Inc. (NYSE: ACHR) saw its shares surge by 3.42% to $11.64, driven by strong bullish flow. The company's stock performance was bolstered by elevated options volume, with calls leading puts, and increased implied volatility. This shift suggests a modestly bullish tone, as indicated by a flattened put-call skew [1].

The recent positive momentum for Archer Aviation comes amidst several key developments. The company announced that Mark Mesler, its Chief Financial Officer, has stepped down from his position, effective Monday. During his absence, Priya Gupta has served as acting CFO and will continue in this role. Additionally, Harsh Rungta will remain as Senior Vice President, Finance and Chief Accounting Officer [2].

Archer Aviation has also been the focus of several recent developments. The company successfully completed its first test flight of the Midnight eVTOL aircraft at Al Bateen Executive Airport in Abu Dhabi, which evaluated the aircraft’s performance under challenging environmental conditions. This test is part of Archer’s Launch Edition commercialization program with Abu Dhabi Aviation, aiming to establish air taxi services in the region [1].

Moreover, the company's strong financial position has been highlighted, with more cash than debt on its balance sheet and a healthy current ratio of 15.8. Archer Aviation has entered into a transition agreement with Mr. Mesler, providing for a one-time cash payment and accelerated vesting of certain restricted stock units [2].

Investors have shown interest in Archer Aviation's prospects, with Canaccord Genuity reiterating its Buy rating with a $13.00 price target. Cantor Fitzgerald also maintained an Overweight rating and a $13.00 price target following the successful test flight [1].

Archer Aviation's short interest, which stood at 94,760,000 shares as of June 30, 2025, represents 17.81% of its shares. This is relatively high, indicating some level of pessimism among investors. However, the short interest ratio of 3.0 suggests a balanced sentiment [2].

References:
[1] https://www.investing.com/news/sec-filings/archer-aviation-announces-cfo-departure-and-transition-agreement-93CH-4132608
[2] https://www.marketbeat.com/stocks/NYSE/ACHR/short-interest/