Spirit Aerosystems Holdings June 15th Short Interest Update

Spirit Aerosystems Holdings (NYSE:SPR) stated gains of 62,272 shares or 1% in the short interest. The short interest registered from 6,205,709 on May 31,2016 to 6,267,981 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.8%. The stock has been averaging 1,333,271 shares daily in trading and would need 5 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Spirit Aerosystems Holdings (NYSE:SPR): The stock opened at $43.61 on Friday but the bulls could not build on the opening and the stock topped out at $44.38 for the day. The stock traded down to $43.16 during the day, due to lack of any buying support eventually closed down at $43.20 with a loss of -4.85% for the day. The stock had closed at $45.40 on the previous day. The total traded volume was 2,119,916 shares.

The company shares have dropped -21.81% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $57.99 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $46.00 and the 200 Day Moving Average price is recorded at $46.27.

Spirit Aerosystems Holdings (NYSE:SPR) has tumbled 2.77% during the past week and has dropped 8.24% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.15%. Spirit Aerosystems Holdings (NYSE:SPR) has underperformed the index by 5.46% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

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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