(SPR) - Analyzing Spirit AeroSystems Hldgs's Short Interest
Portfolio Pulse from Benzinga Insights
Spirit AeroSystems Holdings (NYSE:SPR) has seen a 13.5% increase in short interest since its last report, with 12.31 million shares sold short, representing 10.68% of its float. This indicates a bearish sentiment among investors, although it doesn't necessarily predict a near-term price drop. Spirit AeroSystems has a higher short interest compared to its peers, with an average of 3.00% in its peer group.
March 05, 2024 | 4:45 pm
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Spirit AeroSystems Holdings has experienced a significant increase in short interest, indicating a bearish market sentiment towards the stock.
The increase in short interest for Spirit AeroSystems suggests that investors are becoming more bearish on the stock. This could lead to increased selling pressure in the short term, potentially impacting the stock price negatively. However, the actual impact on the stock price will depend on broader market conditions and company-specific news.
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