Short Interest Update on Spirit Aerosystems Holdings (SPR)

Spirit Aerosystems Holdings (SPR) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 6,931,327 on Jul 29, 2016, to 7,660,726, on August 15, 2016. Daily, 1,482,815 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 729,399 shares, which is an increase of just 10.5%. The total short interest of 5.9% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Spirit Aerosystems Holdings (NYSE:SPR): The stock opened at $45.55 on Wednesday but the bulls could not build on the opening and the stock topped out at $45.76 for the day. The stock traded down to $45.36 during the day, due to lack of any buying support eventually closed down at $45.45 with a loss of -0.44% for the day. The stock had closed at $45.65 on the previous day. The total traded volume was 928,049 shares.


In a related news,The officer (SVP & CTO) of Spirit Aerosystems Holdings, Inc., Pilla John A sold 6,630 shares at $45.03 on August 15, 2016. The Insider selling transaction had a total value worth of $298,549. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Spirit AeroSystems Holdings, Inc. is an independent non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero structures. The Company operates in three segments: Fuselage Systems, Propulsion Systems and Wing Systems. Fuselage Systems segment develops, produces and markets forward, mid and rear fuselage sections and systems, primarily to aircraft OEMs, as well as related spares and maintenance, repair and overhaul support and services (MRO). The Propulsion Systems segment develops, produces and markets struts/pylons, nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Wing Systems segment develops, produces and markets forward wings and wing components (including flight control surfaces), and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services.

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