(JBLU) - Analyzing JetBlue Airways's Short Interest
Portfolio Pulse from Benzinga Insights
JetBlue Airways (NYSE:JBLU) has seen an 8.76% increase in its short percent of float, now at 22.96%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 9.42%. It would take traders 3.19 days to cover their short positions.
May 20, 2024 | 3:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
JetBlue Airways has experienced an 8.76% increase in short interest, now at 22.96% of its float. This suggests a bearish sentiment among investors, as it is significantly higher than the peer group average of 9.42%.
The significant increase in short interest suggests that investors are bearish on JetBlue Airways. This could lead to downward pressure on the stock price in the short term as more investors bet against the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100