Peering Into Spirit Airlines's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Spirit Airlines (NYSE:SAVE) has seen a 3.31% decrease in its short percent of float, now at 29.18%. This is significantly higher than its peers' average of 11.83%. The decrease in short interest may indicate a shift in market sentiment.
September 17, 2024 | 7:45 pm
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Spirit Airlines has experienced a 3.31% decrease in short interest, now at 29.18% of float, which is higher than its peers' average. This could indicate a shift in market sentiment towards a more bullish outlook.
The decrease in short interest suggests that fewer investors are betting against Spirit Airlines, which could indicate a more positive market sentiment. However, the short interest remains high compared to peers, suggesting continued caution.
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