Jetblue Airways Corporation (NASDAQ:JBLU) Shorts Decreased by 41.81% After Short Covering

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Investors sentiment decreased to 0.81 in Q2 2019. Its down 0.25, from 1.06 in 2019Q1. It is negative, 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.
Ny State Common Retirement Fund holds 979,269 shares or 0.02% of its portfolio. Quinn Opportunity Prns Lc holds 0.54% or 234,000 shares in its portfolio. California State Teachers Retirement System has invested 0.02% of its portfolio in JetBlue Airways Corporation (NASDAQ:JBLU). New York-based Lazard Asset Management Ltd Liability has invested 0% in JetBlue Airways Corporation (NASDAQ:JBLU). Wilsey Asset Mngmt has invested 4.06% of its portfolio in JetBlue Airways Corporation (NASDAQ:JBLU). Thrivent For Lutherans owns 79,654 shares or 0% of their US portfolio. Shufro Rose Ltd Liability invested in 10,050 shares. Moreover, Cap has 0.88% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 29,465 shares. Millennium Ltd Liability has invested 0.01% in JetBlue Airways Corporation (NASDAQ:JBLU). State Board Of Administration Of Florida Retirement Systems invested 0.02% of its portfolio in JetBlue Airways Corporation (NASDAQ:JBLU). 773,977 are owned by Brandywine Mngmt Lc. Moreover, Arizona State Retirement System has 0.05% invested in JetBlue Airways Corporation (NASDAQ:JBLU). Kbc Gp Nv has 2,213 shares. Trexquant Invest Limited Partnership reported 186,751 shares. Moreover, Pitcairn has 0.04% invested in JetBlue Airways Corporation (NASDAQ:JBLU).

The stock of Jetblue Airways Corporation (NASDAQ:JBLU) registered a decrease of 41.81% in short interest. JBLU’s total short interest was 9.68M shares in October as published by FINRA. Its down 41.81% from 16.63M shares, reported previously. With 4.41 million 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 decreased 0.27% or $0.05 during the last trading session, reaching $16.85. About 3.65M shares traded. JetBlue Airways Corporation (NASDAQ:JBLU) has risen 7.37% since October 12, 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 $4.89 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 11.71 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 5 analysts covering JetBlue Airways Corporation – Common Stock (NASDAQ:JBLU), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. JetBlue Airways Corporation – Common Stock has $2600 highest and $1800 lowest target. $22.60’s average target is 34.12% above currents $16.85 stock price. JetBlue Airways Corporation – Common Stock had 11 analyst reports since June 7, 2019 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Wednesday, October 2 by Morgan Stanley. The stock has “Buy” rating by Imperial Capital on Thursday, June 20. On Friday, September 6 the stock rating was maintained by Buckingham Research with “Neutral”. The firm has “Neutral” rating by Buckingham Research given on Tuesday, July 16. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) has “Equal-Weight” rating given on Thursday, October 10 by Morgan Stanley. Citigroup upgraded the stock to “Buy” rating in Tuesday, June 11 report. The firm has “Neutral” rating given on Wednesday, July 24 by Credit Suisse. The stock has “Buy” rating by Buckingham Research on Monday, October 7.

More notable recent JetBlue Airways Corporation (NASDAQ:JBLU) news were published by: Seekingalpha.com which released: “JetBlue starts regular Airbus a321neo service – Seeking Alpha” on September 24, 2019, also Csrwire.com with their article: “JetBlue and TECHO Partnered to Build Homes for Families in Need in Bogotá, Colombia – CSRwire.com” published on October 02, 2019, Nasdaq.com published: “RSI Alert: JetBlue Airways (JBLU) Now Oversold – Nasdaq” on March 07, 2019. More interesting news about JetBlue Airways Corporation (NASDAQ:JBLU) were released by: Businesswire.com and their article: “JetBlue’s ‘Swing for Good’ Golf Classic and Fundraising Campaign on Par to Reach $8 Million in Funds Raised for Youth and Education Charities – Business Wire” published on October 02, 2019 as well as Benzinga.com‘s news article titled: “11 Industrials Stocks Moving In Monday’s Pre-Market Session – Benzinga” with publication date: September 16, 2019.

JetBlue Airways Corporation (NASDAQ:JBLU) Institutional Positions Chart

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