How Is The Market Feeling About SkyWest?
Portfolio Pulse from Benzinga Insights
SkyWest's short interest has increased by 4.49%, with 1.54 million shares sold short, representing 5.58% of its float. This is below the peer group average of 11.96%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
September 30, 2024 | 6:45 pm
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SkyWest's short interest has increased to 5.58% of its float, which is below the peer average of 11.96%. This rise may indicate bearish sentiment, but it doesn't necessarily predict a price decline.
The increase in short interest suggests a bearish sentiment among investors, but since SkyWest's short interest is still below the peer average, the impact on the stock price may be neutral in the short term.
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