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 covered or closed out. As of May 15th, traders have sold 25,340,000 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: JPMorgan Chase & Co., CMT Capital Markets Trading GmbH, Susquehanna International Group LLP, Jane Street Group LLC, Squarepoint Ops LLC, Balyasny Asset Management L.P., Cubist Systematic Strategies LLC, Capital Markets Trading UK LLP, Polar Asset Management Partners Inc., Nomura Holdings Inc., Two Sigma Securities LLC, HBK Investments L P, HAP Trading LLC, Eisler Capital UK Ltd., Eisler Capital US LLC, Group One Trading L.P., BNP Paribas Arbitrage SNC, PEAK6 Investments LLC, Bank of America Corp DE, UBS Group AG, Citigroup Inc., Capula Management Ltd, Twin Tree Management LP, Capstone Investment Advisors LLC, Wolverine Asset Management LLC, Cutler Group LLC CA, SG Americas Securities LLC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Delta Air Lines saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 25,340,000 shares, a decrease of 1.7% from the previous total of 25,770,000 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: Southwest Airlines Co. (2.91%), United Airlines Holdings, Inc. (5.77%), Alaska Air Group, Inc. (3.63%), Ryanair Holdings plc (0.28%), American Airlines Group Inc. (9.53%), J.B. Hunt Transport Services, Inc. (3.95%), Expeditors International of Washington, Inc. (6.37%), Westinghouse Air Brake Technologies Co. (1.13%), Old Dominion Freight Line, Inc. (5.26%), U-Haul Holding (20.74%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 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 up $0.17 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 May, 15 2023.