Short Interest in L3Harris Technologies Inc (NYSE:LHX) Drops By 24.5%

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Short interest in L3Harris Technologies (NYSE: LHX) decreased by 24.5% in February, totaling 2,011,813 shares as of February 13th, representing about 1.1% of the float with a 1.6 days-to-cover ratio. Major brokers have raised price targets, and the company maintains a “Moderate Buy” consensus rating after beating EPS estimates and increasing its dividend. However, there has been notable insider selling totaling 19,025 shares in the past 90 days.

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