Short Interest in FedEx Freight Hldg Co (NYSE:FDXF) Rises By 1,552,738.8%

FedEx Freight Hldg Co (NYSE:FDXF) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 2,158,446 shares, a growth of 1,552,738.8% from the May 31st total of 139 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 3,112,413 shares, the days-to-cover ratio is presently 0.7 days.

FedEx Freight Price Performance

Shares of NYSE:FDXF opened at $153.00 on Friday. FedEx Freight has a 52 week low of $141.33 and a 52 week high of $194.27.

FedEx Freight (NYSE:FDXF) last released its earnings results on Thursday, June 25th. The company reported $999.00 earnings per share for the quarter.

Trending Headlines about FedEx Freight

Here are the key news stories impacting FedEx Freight this week:

• Positive Sentiment: FedEx Freight said it expects revenue to grow 4% to 6% from June 1 through Dec. 31, signaling confidence in demand and the underlying strength of the business after the spinoff. FedEx Freight Guides for Growth After Spinoff from FedEx
• Positive Sentiment: Analysts highlighted the company’s independent setup and long-term opportunities, including expansion into higher-growth areas such as data centers and healthcare, which could support future revenue diversification. FedEx Freight Targets Gains in Data Centers, Health After Spin Off
• Positive Sentiment: Truckload market tightness is helping improve backhaul opportunities and revenue, a favorable operating trend for the freight business. Truckload Tightness Boosts FedEx Freight Backhauls, Revenue
• Positive Sentiment: BMO Capital Markets raised its price target on FedEx Freight to $150 from $140, suggesting improved expectations even though it kept a “market perform” rating. Benzinga report on BMO price target raise
• Neutral Sentiment: The company reported its fourth-quarter and full-year 2026 results, with the market still assessing the quality of earnings and how the standalone business will perform going forward. FedEx Freight Reports Fourth Quarter and Full Fiscal Year 2026 Financial Results
• Negative Sentiment: News that FedEx Freight is trading at a premium relative to BMO’s new target may have added pressure, and some investors remain cautious after concerns about margins tied to the freight spin-off. FedEx falls on lower margins, concerns over Freight spinoff

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on FDXF shares. Zacks Research upgraded shares of FedEx Freight to a “hold” rating in a research note on Tuesday, June 2nd. Bank of America initiated coverage on FedEx Freight in a report on Monday, June 1st. They set a “buy” rating and a $185.00 price objective on the stock. Jefferies Financial Group started coverage on shares of FedEx Freight in a research note on Tuesday. They set a “buy” rating and a $200.00 price objective for the company. BMO Capital Markets upped their target price on shares of FedEx Freight from $140.00 to $150.00 and gave the stock a “market perform” rating in a report on Friday. Finally, Wall Street Zen upgraded shares of FedEx Freight to a “hold” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $174.71.

FedEx Freight Company Profile

FedEx Freight is the less-than-truckload (LTL) freight transportation arm of FedEx, providing time-definite, regional, and interregional shipping services for commercial customers in North America. The company specializes in moving palletized freight that is too large for parcel shipment but does not require a full truckload, and it offers services designed to help businesses manage supply chain and distribution needs.

As part of the FedEx family of companies, FedEx Freight operates an extensive network of service centers and transportation routes across the United States, Canada, and Mexico.