United Airlines (UAL) Short Interest Ratio & Short Volume

Short interest is the volume of United Airlines shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 16,650,000 shares of UAL short. Learn More on United Airlines' 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. UAL shares currently have a short interest ratio of 2.0. Learn More on United Airlines's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of United Airlines: XR Securities LLC, SG Americas Securities LLC, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Caas Capital Management LP, Nomura Holdings Inc., HBK Investments L P, Goldman Sachs Group Inc., CMT Capital Markets Trading GmbH, Cubist Systematic Strategies LLC, and Capital Fund Management S.A.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

United Airlines saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 16,650,000 shares, a decline of 24.1% from the previous total of 21,940,000 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 United Airlines: Southwest Airlines Co. (3.73%), Alaska Air Group, Inc. (5.22%), Delta Air Lines, Inc. (2.81%), American Airlines Group Inc. (8.03%), Ryanair Holdings plc (1.01%), J.B. Hunt Transport Services, Inc. (2.47%), Expeditors International of Washington, Inc. (3.11%), XPO, Inc. (4.17%), ZTO Express (Cayman) Inc. (3.04%), TFI International Inc. (0.63%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling UAL is an investing strategy that aims to generate trading profit from United Airlines as its price is falling. UAL shares are trading up $0.09 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 United Airlines occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of UAL, 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 UAL, twice per month. The most recent reporting period available is April, 30 2024.