Airline Stocks Get Hit by Short Sellers as Oil Hedge: ‘A Bet the War Does Not End Soon’
Airline stocks have become a growing target for short sellers as U.S. consumers grapple with higher gas prices. Data from S3 Partners shows that short interest in the airline average has risen from 8% to 13% of the float. JetBlue’s (NASDAQ: JBLU ) short interest is up from 20% to 29%, the largest of a group of five air