Short-sellers retreat from European airlines

Citi says investors have continued unwinding bearish positions on European airlines over the past month, based on its latest quantitative positioning data. The shift in sentiment suggests reduced downside risk pricing for the sector, though the article provides no specific magnitude or earnings/guidance catalyst.

Analysis

Citi says investors have continued unwinding bearish positions on European airlines over the past month, based on its latest quantitative positioning data. The shift in sentiment suggests reduced downside risk pricing for the sector, though the article provides no specific magnitude or earnings/guidance catalyst.