Peering Into Southwest Airlines's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Southwest Airlines (NYSE:LUV) has seen a 17.16% decrease in its short percent of float, now at 9.17%. This is lower than the peer group average of 11.77%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 07, 2024 | 5:15 pm
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Southwest Airlines has experienced a 17.16% decrease in short interest, now at 9.17% of float, which is below the peer average of 11.77%. This decrease may suggest a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Southwest Airlines, which could indicate a more positive outlook on the stock. This is further supported by the fact that its short interest is below the peer average, potentially signaling a relative strength in market sentiment.
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