Short Interest in JetBlue Airways Corporation (NASDAQ:JBLU) Grows By 21.7%

JetBlue Airways Corporation (NASDAQ:JBLU) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 72,787,107 shares, a growth of 21.7% from the February 26th total of 59,811,634 shares. Based on an average daily volume of 23,562,615 shares, the short-interest ratio is presently 3.1 days. Currently, 19.9% of the company’s stock are short sold.

Key JetBlue Airways News

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: Launched TrueBlue Subscriptions and broader points redemption — an industry-first U.S. airline subscription that can drive recurring revenue, improve customer retention and increase ancillary sales. JetBlue Expands TrueBlue with “Points On Repeat” Subscriptions and the Ability to Redeem Points for Travel Extras
• Positive Sentiment: Program changes framed as “customer-friendly” — media coverage highlights the potential lift to loyalty and repeat bookings from the Points On Repeat feature, which supports the recurring-revenue thesis. JetBlue Airways’ Customer-Friendly Move Boosts Loyalty Program
• Neutral Sentiment: Industry context — Amazon’s satellite internet deal with Delta underscores growing competition and tech shifts in in-flight services; not a direct JetBlue story but relevant to airline product competition and passenger experience. Amazon’s Starlink Competitor Will Provide Satellite Internet Services To Delta
• Neutral Sentiment: Market positioning / investor metrics — short-interest and trading-volume notes may influence volatility but don’t change fundamentals immediately. JetBlue Airways Corporation (NASDAQ:JBLU) Short Interest Update
• Negative Sentiment: Goldman Sachs cut its price target to $3.50 and maintains a sell rating, flagging downside versus the current market level and potentially applying pressure from institutional sellers. Benzinga
• Negative Sentiment: Jet fuel spike tied to the Iran war is forcing cost pass-throughs and margin risk — JetBlue raised checked-bag fees to help offset soaring fuel costs, which signals higher operating pressure and may weigh on demand/PR. JetBlue raises its checked bag fees by as much as $9 as the Iran war affects fuel costs

Institutional Investors Weigh In On JetBlue Airways

Several hedge funds have recently bought and sold shares of JBLU. Rockefeller Capital Management L.P. boosted its holdings in shares of JetBlue Airways by 157.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock worth $25,000 after acquiring an additional 3,373 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of JetBlue Airways by 639.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock worth $29,000 after purchasing an additional 5,049 shares during the period. Kestra Advisory Services LLC bought a new position in shares of JetBlue Airways during the fourth quarter worth approximately $30,000. Leonteq Securities AG acquired a new stake in JetBlue Airways during the 4th quarter worth approximately $32,000. Finally, Bogart Wealth LLC boosted its stake in JetBlue Airways by 12,727.3% in the 3rd quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 7,000 shares during the period. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JBLU has been the subject of several recent research reports. Evercore increased their target price on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Thursday, January 29th. BMO Capital Markets assumed coverage on shares of JetBlue Airways in a research note on Tuesday, March 24th. They issued a “market perform” rating and a $4.50 price target on the stock. The Goldman Sachs Group cut their price target on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating on the stock in a research report on Wednesday. UBS Group reduced their price objective on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research note on Monday, March 16th. Finally, JPMorgan Chase & Co. raised their price objective on JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, JetBlue Airways presently has an average rating of “Reduce” and a consensus target price of $4.76.

JetBlue Airways Price Performance

NASDAQ:JBLU opened at $4.55 on Thursday. The stock has a market capitalization of $1.68 billion, a PE ratio of -2.72 and a beta of 1.75. JetBlue Airways has a 1-year low of $3.34 and a 1-year high of $6.50. The firm has a fifty day simple moving average of $5.09 and a 200 day simple moving average of $4.83. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 3.65.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.04). The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.22 billion. JetBlue Airways had a negative return on equity of 25.62% and a negative net margin of 6.64%.The business’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company posted ($0.21) earnings per share. On average, research analysts expect that JetBlue Airways will post -0.69 EPS for the current fiscal year.

About JetBlue Airways

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.