Jetblue Airways Corporation (NASDAQ:JBLU) Can’t Be Less Risky. Short Interest Decreased

JetBlue Airways Corporation (NASDAQ:JBLU) Logo

Investors sentiment decreased to 0.81 in Q2 2019. Its down 0.25, from 1.06 in 2019Q1. It dropped, as 28 investors sold JetBlue Airways Corporation shares while 107 reduced holdings. 44 funds opened positions while 65 raised stakes. 258.10 million shares or 3.10% less from 266.36 million shares in 2019Q1 were reported.
Trexquant Ltd Partnership owns 186,751 shares or 0.31% of their US portfolio. Moreover, Smithfield Tru has 0% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 170 shares. Nuwave Invest Mgmt Limited Liability Com has 0.02% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 1,215 shares. Alberta Investment reported 95,700 shares or 0.02% of all its holdings. Pnc Finance Services Gru holds 0% or 25,628 shares. Vanguard Group Inc invested in 27.22M shares or 0.02% of the stock. Wilsey Asset Mgmt holds 531,916 shares. First Tru Lp owns 507,500 shares for 0.02% of their portfolio. Smith Graham & Advsrs Ltd Partnership holds 0.86% or 430,060 shares. Bokf Na accumulated 0.03% or 70,839 shares. Quinn Opportunity Limited Liability Company holds 234,000 shares or 0.54% of its portfolio. Mutual Of America Capital Mgmt Limited Liability Corporation holds 0.07% in JetBlue Airways Corporation (NASDAQ:JBLU) or 267,137 shares. Susquehanna International Ltd Liability Partnership stated it has 0.01% in JetBlue Airways Corporation (NASDAQ:JBLU). Par Capital Mngmt has 8.78M shares. Federated Pa stated it has 438,710 shares.

The stock of Jetblue Airways Corporation (NASDAQ:JBLU) registered a decrease of 41.81% in short interest. JBLU’s total short interest was 9.68 million shares in September as published by FINRA. Its down 41.81% from 16.63M shares, reported previously. With 4.41M shares average volume, it will take short sellers 2 days to cover their JBLU’s short positions. The short interest to Jetblue Airways Corporation’s float is 3.18%.

The stock increased 1.34% or $0.23 during the last trading session, reaching $17.39. About 3.15M shares traded. JetBlue Airways Corporation (NASDAQ:JBLU) has risen 7.37% since September 13, 2018 and is uptrending. It has outperformed by 7.37% the S&P500.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. The company has market cap of $5.05 billion. As of December 31, 2016, the firm operated a fleet of 37 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It has a 12.08 P/E ratio. It also served 100 destinations in 29 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S.

JetBlue Airways Corporation (NASDAQ:JBLU) Ratings Coverage

Among 4 analysts covering JetBlue Airways (NASDAQ:JBLU), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. JetBlue Airways has $2600 highest and $1800 lowest target. $22.50’s average target is 29.38% above currents $17.39 stock price. JetBlue Airways had 8 analyst reports since April 11, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, June 11 by Citigroup. On Wednesday, July 24 the stock rating was maintained by Credit Suisse with “Neutral”. As per Thursday, April 11, the company rating was maintained by Buckingham Research. Buckingham Research maintained JetBlue Airways Corporation (NASDAQ:JBLU) rating on Friday, September 6. Buckingham Research has “Neutral” rating and $1800 target. On Tuesday, July 16 the stock rating was maintained by Buckingham Research with “Neutral”. Imperial Capital maintained it with “Buy” rating and $26 target in Thursday, June 20 report.

More notable recent JetBlue Airways Corporation (NASDAQ:JBLU) news were published by: Finance.Yahoo.com which released: “5 Industrial Companies to Consider as Trade Talks Resume – Yahoo Finance” on September 12, 2019, also Nasdaq.com with their article: “JetBlue’s (JBLU) Traffic Up in June, Q2 RASM View Bullish – Nasdaq” published on July 15, 2019, Nasdaq.com published: “3 Reasons Why You Must Hold Onto JetBlue (JBLU) Stock for Now – Nasdaq” on December 26, 2018. More interesting news about JetBlue Airways Corporation (NASDAQ:JBLU) were released by: Schaeffersresearch.com and their article: “2 Penny Stocks Popping on Partnerships – Schaeffers Research” published on September 04, 2019 as well as Nasdaq.com‘s news article titled: “JetBlue (JBLU) Down 3.5% Since Last Earnings Report: Can It Rebound? – Nasdaq” with publication date: May 23, 2019.

JetBlue Airways Corporation (NASDAQ:JBLU) Institutional Positions Chart

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