Short Covering Helps Airline ETF

The U.S. Global Jets ETF (NYSEArca: JETS), the only dedicated airline industry-related exchange traded fund on the market, has recently been soaring and the catalysts are not limited to still low oil prices and the holiday travel season. Bearish traders that were previously short some of the largest holdings in JETS have been covering those…Click to read more at ETFtrends.com.