Peering Into American Airlines Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
American Airlines Group (NYSE:AAL) has seen a significant increase in short interest, rising 56.34% since its last report. The company now has 83.42 million shares sold short, representing 14.43% of its float. This is higher than the peer group average of 10.52%.
June 13, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
American Airlines Group (NYSE:AAL) has experienced a 56.34% increase in short interest, now at 14.43% of its float. This could indicate bearish sentiment among investors.
The significant increase in short interest suggests that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100