JetBlue Airways Co. (NASDAQ:JBLU – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 48,190,000 shares, a drop of 5.1% from the May 15th total of 50,780,000 shares. Based on an average daily volume of 12,100,000 shares, the days-to-cover ratio is presently 4.0 days.
Shares of JBLU opened at $5.56 on Tuesday. JetBlue Airways has a 12-month…
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