Ge futures some prop desks are adding to GE
Some prop desks are adding to GE futures positions following encouraging supply chain updates. Reduced parts shortages enhance delivery capabilities, a trend that historically correlates with quarter-over-quarter margin gains. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. The partnership includes a $300 million equity stake in the Vermont-based aerospace innovator, a move that underscores GE Aerospace’s growing commitment to sustainable flight solutions. Short interest in GE futures contracts fell to 1.9% of float, its lowest since February, signaling reduced bearish positioning. This shift aligns with analyst upgrades citing robust cash flow generation and a favorable aerospace industry cycle.
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