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Norwegian Cruise Line (NCLH) Short Interest Ratio & Short Volume

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$14.30 +0.18 (+1.27%)
As of 03:58 PM Eastern

Norwegian Cruise Line Short Interest Overview

As of August 31, 2026, Norwegian Cruise Line (NCLH) had a short interest of 86.45 million shares sold short, representing 18.88% of the public float. This marks a 19.40% increase in short interest since the prior report. The short interest ratio (days to cover) is 6.0, meaning it would take 6.0 days of the average trading volume of 14.91 million shares to cover all short positions.

Current Short Interest
86,449,099 shares
Previous Short Interest
72,402,551 shares
Change Vs. Previous Month
19.40%
Dollar Volume Sold Short
$1.39 billion
Short Interest Ratio
6.0 Days to Cover
Last Record Date
August 31, 2026
Outstanding Shares
459,110,000 shares
Short Percent of Float
18.88%
Today's Trading Volume
16,627,479 shares
Average Trading Volume
14,907,552 shares
Today's Volume Vs. Average
112%
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Skip Charts & View Short Interest History

NCLH Short Interest Over Time

NCLH Days to Cover Over Time

NCLH Percentage of Float Shorted Over Time

Norwegian Cruise Line Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/202686,449,099 shares $1.39 billion +19.4%18.9%6.04 $16.12
8/14/202672,402,551 shares $1.38 billion -13.9%15.8%5.53 $19.00
7/31/202684,066,341 shares $1.56 billion +2.9%18.4%5.36 $18.55
7/15/202681,737,353 shares $1.62 billion -3.3%17.8%6.05 $19.77
6/30/202684,532,720 shares $1.78 billion +1.5%18.5%4.2 $21.11
6/15/202683,304,332 shares $1.68 billion +18.3%18.2%4.1 $20.18
5/29/202670,435,087 shares $1.29 billion -1.0%15.4%2.85 $18.34
5/15/202671,146,720 shares $1.10 billion +21.8%15.6%2.46 $15.52
4/30/202658,397,050 shares $1.06 billion +4.1%12.8%2.91 $18.20
4/15/202656,106,865 shares $1.19 billion +5.0%12.3%2.88 $21.13
3/31/202653,437,369 shares $1.00 billion +13.6%11.7%2.63 $18.72
3/13/202647,031,574 shares $887.67 million +33.4%10.4%1.66 $18.87
2/27/202635,261,833 shares $873.58 million +2.0%7.8%1.51 $24.77
2/13/202634,584,950 shares $744.41 million -3.5%7.6%1.46 $21.52
1/30/202635,837,712 shares $788.43 million -10.5%7.9%1.72 $22.00
1/15/202640,033,494 shares $915.17 million +1.8%8.8%2.36 $22.86
12/31/202539,338,852 shares $878.44 million -3.1%8.7%2.77 $22.33
12/15/202540,589,808 shares $879.30 million +11.7%9.0%2.2 $21.66
11/28/202536,351,875 shares $672.15 million -2.5%8.0%2.64 $18.49
11/14/202537,284,790 shares $681.75 million +8.0%8.3%1.5 $18.29
10/31/202534,516,591 shares $774.55 million +3.5%7.7%2.16 $22.44
10/15/202533,350,000 shares $786.86 million -3.9%7.4%2.3 $23.59
9/30/202534,700,000 shares $854.31 million -0.1%N/A2.4 $24.62
9/15/202534,740,000 shares $903.93 million +38.9%N/A2.3 $26.02
8/31/202525,010,000 shares $622.05 million -2.1%5.6%1.6 $24.87
8/15/202525,540,000 shares $620.11 million -2.8%N/A1.7 $24.28
7/31/202526,280,000 shares $670.19 million -9.6%5.8%1.7 $25.50
7/15/202529,080,000 shares $661.72 million -1.8%N/A1.9 $22.76
6/30/202529,620,000 shares $601.58 million +6.2%6.7%1.9 $20.31
6/15/202527,890,000 shares $495.30 million -9.7%6.3%1.8 $17.76
5/31/202530,870,000 shares $545.47 million +4.2%7.1%2 $17.67
5/15/202529,640,000 shares $565.83 million -1.1%6.8%1.8 $19.09
4/30/202529,970,000 shares $481.02 million +1.1%N/A1.9 $16.05
4/15/202529,640,000 shares $482.72 million +3.8%6.8%2.1 $16.29
3/31/202528,560,000 shares $542.47 million +14.0%6.5%2.2 $18.99
3/15/202525,060,000 shares $481.35 million +1.2%5.7%2.1 $19.21
2/28/202524,760,000 shares $562.55 million -1.1%5.7%2.4 $22.72
2/15/202525,030,000 shares $659.89 million +15.1%5.7%2.8 $26.36
1/31/202521,740,000 shares $615.72 million -9.7%N/A2.4 $28.32
1/15/202524,070,000 shares $625.82 million -2.0%N/A2.5 $26.00
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12/31/202424,570,000 shares $632.19 million -9.4%N/A2.4 $25.73
12/15/202427,110,000 shares $726.55 million +3.6%N/A2.5 $26.80
11/30/202426,180,000 shares $703.98 million +9.5%N/A2.1 $26.89
11/15/202423,910,000 shares $631.70 million -0.4%N/A1.9 $26.42
10/31/202424,000,000 shares $607.20 million -11.0%N/A1.9 $25.30
10/15/202426,960,000 shares $655.13 million +0.4%N/A2.1 $24.30
9/30/202426,860,000 shares $550.90 million -5.6%N/A2.1 $20.51
9/15/202428,460,000 shares $550.13 million -3.0%N/A2.2 $19.33
8/31/202429,350,000 shares $525.07 million +9.4%N/A2.4 $17.89
8/15/202426,820,000 shares $437.43 million -6.2%N/A2.1 $16.31
7/31/202428,600,000 shares $527.10 million -7.7%N/A2.1 $18.43
7/15/202430,980,000 shares $606.28 million +18.7%N/A2.3 $19.57
6/30/202426,090,000 shares $490.23 million +9.5%N/A1.9 $18.79
6/15/202423,820,000 shares $394.46 million -4.3%N/A1.7 $16.56
5/31/202424,880,000 shares $413.26 million -13.5%N/A1.9 $16.61
5/15/202428,760,000 shares $452.11 million -7.9%N/A2 $15.72
4/30/202431,240,000 shares $590.90 million -13.3%N/A2.4 $18.92
4/15/202436,030,000 shares $624.76 million -5.2%N/A3 $17.34
3/31/202438,000,000 shares $795.34 million -0.5%N/A3.2 $20.93
3/15/202438,170,000 shares $740.50 million -4.2%N/A3.2 $19.40
2/29/202439,830,000 shares $772.30 million -2.0%N/A3 $19.39
2/15/202440,640,000 shares $670.97 million +1.9%N/A3 $16.51
1/31/202439,880,000 shares $709.86 million +4.9%N/A3 $17.80
1/15/202438,010,000 shares $636.67 million -6.8%N/A2.6 $16.75
12/31/202340,790,000 shares $817.43 million -19.8%N/A2.7 $20.04
12/15/202350,860,000 shares $1.04 billion -4.4%N/A3.3 $20.35
11/30/202353,220,000 shares $812.67 million -3.5%N/A3.5 $15.27
11/15/202355,170,000 shares $809.90 million +4.1%N/A4 $14.68
10/31/202353,000,000 shares $720.80 million -0.8%N/A4.1 $13.60
10/15/202353,440,000 shares $794.12 million +22.4%N/A4 $14.86
9/30/202343,670,000 shares $719.68 million +14.1%N/A3.4 $16.48
9/15/202338,260,000 shares $659.99 million +21.1%N/A3 $17.25
8/31/202331,600,000 shares $523.61 million +3.0%N/A2.3 $16.57
8/15/202330,680,000 shares $541.50 million -6.3%N/A2.1 $17.65
7/31/202332,730,000 shares $722.35 million -5.9%N/A2.2 $22.07
7/15/202334,770,000 shares $710.00 million -14.1%N/A2.3 $20.42
6/30/202340,470,000 shares $881.03 million -5.6%N/A2.8 $21.77
6/15/202342,860,000 shares $837.48 million -3.0%N/A3 $19.54
5/31/202344,190,000 shares $656.22 million +2.5%N/A3.1 $14.85
5/15/202343,100,000 shares $590.90 million +3.2%N/A2.9 $13.71
4/30/202341,770,000 shares $557.63 million -7.1%N/A2.8 $13.35
4/15/202344,960,000 shares $568.29 million -4.5%N/A3.2 $12.64
3/31/202347,060,000 shares $632.96 million +10.2%N/A3.2 $13.45
3/15/202342,710,000 shares $551.39 million +8.3%N/A2.9 $12.91
2/28/202339,440,000 shares $584.50 million -4.5%N/A2.9 $14.82
2/15/202341,290,000 shares $747.76 million -1.2%N/A3.3 $18.11
1/31/202341,790,000 shares $635.63 million +0.2%N/A2.9 $15.21
1/15/202341,700,000 shares $651.77 million -1.5%N/A2.7 $15.63
12/30/202242,330,000 shares $518.12 million +1.6%N/A2.5 $12.24
12/15/202241,650,000 shares $614.75 million +0.2%N/A2.2 $14.76
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11/30/202241,550,000 shares $683.08 million -4.8%N/A2 $16.44
11/15/202243,620,000 shares $798.25 million +6.7%N/A2 $18.30
10/31/202240,900,000 shares $690.80 million -3.1%N/A1.9 $16.89
10/15/202242,200,000 shares $549.87 million +16.4%N/A1.9 $13.03
9/30/202236,270,000 shares $412.03 million -7.3%N/A1.7 $11.36
9/15/202239,140,000 shares $606.28 million +4.4%N/A1.9 $15.49
8/31/202237,480,000 shares $490.24 million -7.6%N/A1.8 $13.08
8/15/202240,540,000 shares $574.05 million -5.5%N/A1.9 $14.16
7/31/202242,910,000 shares $521.36 million +5.4%N/A1.9 $12.15
7/15/202240,710,000 shares $480.38 million -8.0%N/A1.9 $11.80
6/30/202244,250,000 shares $492.06 million +5.2%20.9%2.1 $11.12
6/15/202242,060,000 shares $493.36 million +1.8%19.8%2 $11.73
5/31/202241,320,000 shares $661.53 million +9.4%N/A2.1 $16.01
5/15/202237,780,000 shares $612.79 million +5.0%N/A1.7 $16.22
4/30/202235,990,000 shares $720.88 million -3.8%N/A1.7 $20.03
4/15/202237,400,000 shares $809.34 million -8.5%N/A1.7 $21.64
3/31/202240,880,000 shares $894.45 million -13.5%N/A1.8 $21.88
3/15/202247,280,000 shares $862.86 million +6.8%N/A2 $18.25
2/28/202244,260,000 shares $862.63 million +7.9%N/A1.9 $19.49
2/15/202241,010,000 shares $924.78 million +12.5%N/A1.7 $22.55
1/31/202236,440,000 shares $759.05 million +11.6%N/A1.6 $20.83
1/15/202232,640,000 shares $749.41 million -4.7%N/A1.5 $22.96
12/31/202134,230,000 shares $709.93 million -4.1%N/A1.7 $20.74
12/15/202135,680,000 shares $716.10 million -2.3%N/A1.8 $20.07
11/30/202136,500,000 shares $712.12 million -26.7%N/A2.1 $19.51
11/15/202149,820,000 shares $1.27 billion +0.0%N/A3.5 $25.51
10/29/202149,800,000 shares $1.28 billion -0.5%13.6%3.8 $25.72
10/15/202150,060,000 shares $1.33 billion +1.1%13.7%3.8 $26.53
9/30/202149,520,000 shares $1.32 billion +4.5%13.5%3.3 $26.71

NCLH Short Interest - Frequently Asked Questions

Short interest is the volume of Norwegian Cruise Line shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 86,449,099 shares of NCLH short. 18.88% of Norwegian Cruise Line's shares are currently sold short. Learn More on Norwegian Cruise Line'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. NCLH shares currently have a short interest ratio of 6.0. Learn More on Norwegian Cruise Line's short interest ratio.

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. 18.88% of Norwegian Cruise Line's floating shares are currently sold short.

Norwegian Cruise Line saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 86,449,099 shares, an increase of 19.4% from the previous total of 72,402,551 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.

18.88% of Norwegian Cruise Line's shares are currently sold short. Here is how the short interest of companies compare to Norwegian Cruise Line: American Airlines Group Inc. (11.49%), Lindblad Expeditions (10.98%), United Airlines Holdings Inc (5.42%), Carnival Corporation (3.41%), Delta Air Lines, Inc. (3.87%), Royal Caribbean Cruises Ltd. (4.39%), Viking Holdings Ltd. (1.57%), Trip.com Group Limited Sponsored ADR (2.43%), Intercontinental Hotels Group (0.26%), Hyatt Hotels Corporation (6.52%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($62.68 billion), Invesco QQQ ($47.06 billion), iShares Russell 2000 ETF ($23.54 billion), SPDR S&P Biotech ETF ($12.10 billion), Nebius Group N.V. ($9.34 billion), Western Digital Corporation ($8.96 billion), Financial Select Sector SPDR Fund ($8.16 billion), iShares 20+ Year Treasury Bond ETF ($7.98 billion), iShares iBoxx $ High Yield Corporate Bond ETF ($7.52 billion), and VanEck Semiconductor ETF ($7.39 billion). View all of the most shorted stocks.

Short selling NCLH is an investing strategy that aims to generate trading profit from Norwegian Cruise Line as its price is falling. NCLH shares are trading up $0.41 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 Norwegian Cruise Line 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 NCLH, 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 NCLH, twice per month. The most recent reporting period available is August, 31 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like NCLH:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



Short interest data for NYSE:NCLH is sourced from the Financial Industry Regulatory Authority (FINRA), with the most recent report published on 9/10/2026. FINRA publishes updated short interest twice a month.
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