As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of United Airlines: SG Americas Securities LLC, Simplex Trading LLC, Bank of Montreal Can, Wolverine Asset Management LLC, Concourse Financial Group Securities Inc., Parallax Volatility Advisers L.P., CMT Capital Markets Trading GmbH, Capital Markets Trading UK LLP, Jane Street Group LLC, Jade Capital Advisors LLC, BNP Paribas Arbitrage SNC, Nomura Holdings Inc., Parallax Volatility Advisers L.P., Caas Capital Management LP, Citadel Advisors LLC, Royal Bank of Canada, Cubist Systematic Strategies LLC, Wolverine Trading LLC, Centiva Capital LP, UBS Oconnor LLC, Capstone Investment Advisors LLC, Twin Tree Management LP, Wolverine Asset Management LLC, Bank of Montreal Can, UBS Group AG, Group One Trading L.P., and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.