Delta Air Lines (DAL) Short Interest Ratio & Short Volume

Short interest is the volume of Delta Air Lines shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 18,860,000 shares of DAL short. Learn More on Delta Air Lines' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. DAL shares currently have a short interest ratio of 2.0. Learn More on Delta Air Lines's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Delta Air Lines: Concourse Financial Group Securities Inc., Caas Capital Management LP, Nomura Holdings Inc., HBK Investments L P, Goldman Sachs Group Inc., Readystate Asset Management LP, Clear Street Markets LLC, CMT Capital Markets Trading GmbH, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Balyasny Asset Management L.P., Capital Fund Management S.A., PEAK6 Investments LLC, Eisler Capital UK Ltd., Capstone Investment Advisors LLC, Hsbc Holdings PLC, IMC Chicago LLC, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Simplex Trading LLC, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Delta Air Lines saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 18,860,000 shares, an increase of 6.6% from the previous total of 17,690,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "transportation" compare to Delta Air Lines: United Airlines Holdings, Inc. (6.67%), Southwest Airlines Co. (3.24%), Ryanair Holdings plc (1.07%), American Airlines Group Inc. (7.88%), Westinghouse Air Brake Technologies Co. (1.16%), Old Dominion Freight Line, Inc. (1.89%), J.B. Hunt Transport Services, Inc. (2.75%), Expeditors International of Washington, Inc. (3.11%), ZTO Express (Cayman) Inc. (3.04%), Norfolk Southern Co. (0.67%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling DAL is an investing strategy that aims to generate trading profit from Delta Air Lines as its price is falling. DAL shares are trading down $0.05 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Delta Air Lines occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of DAL, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DAL, twice per month. The most recent reporting period available is April, 15 2024.