Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Short Interest Update

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 10,060,000 shares, a growth of 21.5% from the January 15th total of 8,280,000 shares. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is presently 6.6 days.

Spirit AeroSystems Trading Up 0.0 %

Shares of SPR opened at $34.55 on Friday. Spirit AeroSystems has a one year low of $28.30 and a one year high of $37.08. The company’s fifty day moving average price is $33.82 and its 200 day moving average price is $33.27.

Analysts Set New Price Targets

SPR has been the topic of a number of research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $37.25 target price on shares of Spirit AeroSystems in a report on Tuesday. StockNews.com initiated coverage on shares of Spirit AeroSystems in a research note on Wednesday. They issued a “sell” rating on the stock. Finally, TD Cowen upgraded shares of Spirit AeroSystems to a “strong-buy” rating in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, Spirit AeroSystems presently has a consensus rating of “Hold” and a consensus price target of $36.00.

Hedge Funds Weigh In On Spirit AeroSystems

Large investors have recently made changes to their positions in the business. R Squared Ltd acquired a new position in shares of Spirit AeroSystems during the fourth quarter worth approximately $30,000. Waldron Private Wealth LLC acquired a new stake in Spirit AeroSystems in the 3rd quarter worth $32,000. SBI Securities Co. Ltd. acquired a new stake in Spirit AeroSystems in the 4th quarter worth $32,000. Quest Partners LLC acquired a new position in shares of Spirit AeroSystems during the third quarter valued at about $49,000. Finally, Headlands Technologies LLC acquired a new position in shares of Spirit AeroSystems during the fourth quarter valued at about $67,000. Institutional investors and hedge funds own 93.59% of the company’s stock.

Spirit AeroSystems Company Profile

Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.