Honeywell Aerospace Sees Significant Decrease in Short Interest

Honeywell Aerospace (NASDAQ:HONA) has seen a significant decrease in short interest. By August 14th, there were 5,842,017 shares shorted, down 32.9% from July 30th's total of 8,708,127 shares.

Approximately 1.8% of the company's shares are currently short sold. Based on an average daily volume of 5,721,340 shares, the days-to-cover ratio is now 1.0 day.

Many institutional investors have recently acquired new stakes in Honeywell Aerospace, including Ameliora Wealth Management Ltd., Leo H. Evart Inc., Outlook Capital Management LLC, Meeder Asset Management Inc., and Bell Investment Advisors Inc.