(DAL) - Analyzing Delta Air Lines's Short Interest
Portfolio Pulse from Benzinga Insights
Delta Air Lines (NYSE:DAL) has seen a 4.8% decrease in its short percent of float, now at 5.35%. This is lower than the peer group average of 12.40%. The decrease in short interest may indicate a more bullish sentiment among investors.
September 19, 2024 | 6:45 pm
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Delta Air Lines has experienced a 4.8% decrease in short interest, now at 5.35% of float, which is below the peer average of 12.40%. This suggests a potential shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Delta Air Lines, which can be interpreted as a sign of increased confidence in the stock. Additionally, the short interest is significantly lower than the peer average, further indicating a relatively positive sentiment towards Delta compared to its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100