(AL) - Analyzing Air Lease's Short Interest
Portfolio Pulse from Benzinga Insights
Air Lease's (NYSE:AL) short interest has decreased by 18.23% since the last report, with 1.63 million shares sold short, representing 1.57% of its float. This decline in short interest, which now takes an average of 2.52 days to cover, could indicate a more bullish sentiment towards AL compared to its peers, where the average short interest as a percentage of float is 4.50%.
February 28, 2024 | 3:30 pm
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Air Lease's short interest has significantly decreased, indicating a potential bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more bullish on a stock. For Air Lease, the significant drop in short interest compared to its peers suggests a stronger bullish sentiment, potentially leading to a short-term price increase as investors may interpret this as a positive signal.
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