Looking Into SkyWest's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SkyWest's short interest has decreased by 3.47%, with 1.23 million shares sold short, representing 4.45% of its float. This is lower than its peers' average short interest of 11.60%.
October 25, 2024 | 5:30 pm
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POSITIVE IMPACT
SkyWest's short interest has decreased, indicating a potentially more bullish sentiment compared to its peers, which have higher short interest.
The decrease in short interest suggests that investors are less bearish on SkyWest compared to its peers, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100