The Latest Breaking News from Northrop Grumman Corporation

Northrop Grumman Corporation's (NYSE:NOC) short percent of float has risen 7.27% since its last report. The company recently reported that it has 1.84 million shares sold short, which is 1.18% of all regular shares that are available for trading.

The Russia-Ukraine crisis has boosted the prospects of the defense industry, helping it outperform the broader market. The increase in geopolitical tension has pushed many nations to enhance their defense budget, which should drive the defense industry’s growth. Fundamentally strong defense companies Raytheon (RTX), Northrop Grumman (NOC), and General Dynamics…

Northrop Grumman Corporation's (NYSE:NOC) short percent of float has risen 25.0% since its last report. The company recently reported that it has 1.71 million shares sold short, which is 1.1% of all regular shares that are available for trading.