Does Spirit Airlines Inc (NYSE:SAVE) Have Gas After Even Less Sellers Involved?

Spirit Airlines, Inc. (NYSE:SAVE) Logo

Investors sentiment increased to 1.1 in 2018 Q4. Its up 0.20, from 0.9 in 2018Q3. It improved, as 24 investors sold Spirit Airlines, Inc. shares while 81 reduced holdings. 67 funds opened positions while 48 raised stakes. 66.28 million shares or 8.36% less from 72.33 million shares in 2018Q3 were reported.
Credit Agricole S A invested in 20,000 shares. 1832 Asset L P owns 0% invested in Spirit Airlines, Inc. (NYSE:SAVE) for 19,800 shares. Twin Tree Mngmt Limited Partnership holds 0% in Spirit Airlines, Inc. (NYSE:SAVE) or 724 shares. California State Teachers Retirement Sys accumulated 107,543 shares or 0.01% of the stock. First Mercantile invested in 0.1% or 7,217 shares. Hennessy, a California-based fund reported 417,700 shares. Stevens Cap Management Limited Partnership reported 0.03% in Spirit Airlines, Inc. (NYSE:SAVE). Hodges Mngmt Inc has invested 1.41% in Spirit Airlines, Inc. (NYSE:SAVE). The Illinois-based Zacks Investment Management has invested 0.02% in Spirit Airlines, Inc. (NYSE:SAVE). Rwc Asset Mgmt Llp invested in 0.27% or 82,870 shares. 90,872 are owned by State Common Retirement Fund. Dekabank Deutsche Girozentrale has 0.02% invested in Spirit Airlines, Inc. (NYSE:SAVE). Wells Fargo And Mn holds 656,486 shares or 0.01% of its portfolio. Legal General Gp Public Lc stated it has 0% of its portfolio in Spirit Airlines, Inc. (NYSE:SAVE). Aperio Grp Inc Lc holds 0% or 11,084 shares in its portfolio.

Since December 3, 2018, it had 0 insider purchases, and 2 sales for $170,708 activity. Another trade for 750 shares valued at $48,488 was sold by JOHNSON ROBERT D.

The stock of Spirit Airlines Inc (NYSE:SAVE) registered a decrease of 7.55% in short interest. SAVE’s total short interest was 2.78M shares in May as published by FINRA. Its down 7.55% from 3.00M shares, reported previously. With 1.34M shares average volume, it will take short sellers 2 days to cover their SAVE’s short positions. The short interest to Spirit Airlines Inc’s float is 4.08%.

The stock decreased 1.72% or $0.88 during the last trading session, reaching $49.9. About 542,570 shares traded. Spirit Airlines, Inc. (NYSE:SAVE) has risen 40.89% since May 8, 2018 and is uptrending. It has outperformed by 36.52% the S&P500.

Spirit Airlines, Inc. provides low-fare airline services. The company has market cap of $3.42 billion. As of February 7, 2017, it operated approximately 420 daily flights to 59 destinations in the United States, the Caribbean, and Latin America. It has a 13.29 P/E ratio. As of December 31, 2016, the firm had a fleet of 95 Airbus single-aisle aircraft comprising 29 A319s, 45 A320ceos, 5 A320neos, and 16 A321ceos.

More notable recent Spirit Airlines, Inc. (NYSE:SAVE) news were published by: Fool.com which released: “Why Spirit Airlines, Bluegreen Vacations, and StoneCo Jumped Today – The Motley Fool” on November 27, 2018, also Seekingalpha.com with their article: “Spirit Airlines: A Good Option For Millennials – Seeking Alpha” published on February 27, 2019, Bizjournals.com published: “Houston energy co. takes steps to save stock listing – Houston Business Journal” on December 14, 2018. More interesting news about Spirit Airlines, Inc. (NYSE:SAVE) were released by: Benzinga.com and their article: “41 Stocks Moving In Thursday’s Mid-Day Session – Benzinga” published on April 25, 2019 as well as Seekingalpha.com‘s news article titled: “Spirit Airlines Shows Good Growth Potential – Seeking Alpha” with publication date: January 23, 2019.

Spirit Airlines, Inc. (NYSE:SAVE) Institutional Positions Chart

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