The Short % of float of Spirit Aerosystems Holdings Inc is 3.82%
Short percentage of float is the amount of shares being shorted compared to the float expressed as a percentage.
= short interest / float shares
Short percentage of float, or short interest ratio, is calculated by taking the total amount of shares shorted and dividing it by the total amount of shares available for trade. It is an indirect metric of investor sentiment. When short percentage of float is high, above 40%, it implies company investors hope shares will decline in value. The percentage is used by both fundamental and technical traders to identify trends. The short percentage of float can also be calculated for entire exchanges to determine the sentiment of the market as a whole. If it is high of around five or greater for an exchange, this can be taken as a bearish signal, and vice versa.
spirit aerosystems, with headquarters in wichita, kan., usa, is one of the world's largest non-oem designers and manufacturers of aerostructures for commercial aircraft. in addition to its wichita facilities, spirit has locations in tulsa and mcalester, okla.; kinston, n.c.; prestwick, scotland; preston, england; subang, malaysia; and saint-nazaire, france. in the u.s., spirit's core products include fuselages, pylons, nacelles and wing components. additionally, spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in north america, europe and asia. spirit europe produces wing components for a host of customers, including airbus.