American Airlines Group - AAL Short Interest Ratio & Short Volume

Short interest is the volume of American Airlines Group shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 89,510,000 shares of AAL short. 13.97% of American Airlines Group's shares are currently sold short. Learn More on American Airlines Group's 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. AAL shares currently have a short interest ratio of 3.0. Learn More on American Airlines Group's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of American Airlines Group: Bank of Montreal Can, Wolverine Asset Management LLC, Concourse Financial Group Securities Inc., Parallax Volatility Advisers L.P., Balyasny Asset Management LLC, CMT Capital Markets Trading GmbH, Capital Markets Trading UK LLP, Jane Street Group LLC, Maven Securities LTD, BNP Paribas Arbitrage SNC, Saba Capital Management L.P., Nomura Holdings Inc., Advent Capital Management DE, Symmetry Investments LP, Two Sigma Investments LP, Parallax Volatility Advisers L.P., BlackRock Inc., Caas Capital Management LP, Citadel Advisors LLC, Advent Capital Management DE, Royal Bank of Canada, SG3 Management LLC, Bluefin Capital Management LLC, LMR Partners LLP, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Wolverine Trading LLC, Verition Fund Management LLC, HBK Investments L P, Centiva Capital LP, Moore Capital Management LP, UBS Oconnor LLC, Maven Securities LTD, Capstone Investment Advisors LLC, Credit Agricole S A, Twin Tree Management LP, Wolverine Asset Management LLC, Bank of Montreal Can, UBS Group AG, Group One Trading L.P., EMG Holdings L.P., and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 13.97% of American Airlines Group's floating shares are currently sold short.

American Airlines Group saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 89,510,000 shares, a decline of 0.3% from the previous total of 89,810,000 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.

American Airlines Group currently has issued a total of 649,900,000 shares. Some of American Airlines Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. American Airlines Group currently has a public float of 640,850,000 shares.

13.97% of American Airlines Group's shares are currently sold short. Here is how the short interest of companies in the industry of "air transportation, scheduled" compare to American Airlines Group: China Southern Airlines Company Limited (0.00%), Alaska Air Group, Inc. (2.64%), China Eastern Airlines Co. Limited (0.00%), United Airlines Holdings, Inc. (5.75%), Copa Holdings, S.A. (8.57%), Azul S.A. (2.68%), Frontier Group Holdings, Inc. (5.63%), JetBlue Airways Co. (4.07%), Ryanair Holdings plc (0.23%), and Southwest Airlines Co. (1.47%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling AAL is an investing strategy that aims to generate trading profit from American Airlines Group as its price is falling. AAL shares are trading up $0.45 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 American Airlines Group 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 AAL, 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 AAL, twice per month. The most recent reporting period available is January, 15 2023.