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

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$16.50 -0.59 (-3.43%)
As of 10:48 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Norwegian Cruise Line Short Interest Overview

As of April 15, 2026, Norwegian Cruise Line (NCLH) had a short interest of 56.11 million shares sold short, representing 12.37% of the public float. This marks a 5.00% increase in short interest since the prior report. The short interest ratio (days to cover) is 2.9, meaning it would take 2.9 days of the average trading volume of 22.12 million shares to cover all short positions.

Current Short Interest
56,106,865 shares
Previous Short Interest
53,437,369 shares
Change Vs. Previous Month
5.00%
Dollar Volume Sold Short
$1.19 billion
Short Interest Ratio
2.9 Days to Cover
Last Record Date
April 15, 2026
Outstanding Shares
459,110,000 shares
Short Percent of Float
12.37%
Today's Trading Volume
5,930,004 shares
Average Trading Volume
22,124,588 shares
Today's Volume Vs. Average
27%
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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
4/15/202656,106,865 shares $1.19 billion +5.0%12.4%2.88 $21.13
3/31/202653,437,369 shares $1.00 billion +13.6%11.8%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
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
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
9/15/202147,370,000 shares $1.19 billion -2.8%12.9%3.2 $25.07
8/31/202148,750,000 shares $1.26 billion +3.7%13.3%3.3 $25.84
8/13/202147,010,000 shares $1.18 billion +0.1%12.8%3 $25.04
7/30/202146,970,000 shares $1.13 billion +2.3%12.8%2.9 $24.03
7/15/202145,920,000 shares $1.12 billion +6.2%12.5%2.7 $24.45
6/30/202143,260,000 shares $1.27 billion +3.3%11.8%2.6 $29.41
6/15/202141,870,000 shares $1.29 billion -5.6%11.4%2.3 $30.87
5/28/202144,340,000 shares $1.41 billion -3.8%12.1%2.3 $31.90
5/14/202146,110,000 shares $1.22 billion +9.4%N/A2 $26.44

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 April 15th, investors have sold 56,106,865 shares of NCLH short. 12.37% 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 2.9. Learn More on Norwegian Cruise Line's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Norwegian Cruise Line: OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC , Capital Markets Trading UK LLP, Toronto Dominion Bank, Tudor Investment Corp ET AL, Millennium Management LLC, Citadel Advisors LLC, Balyasny Asset Management L.P., Alphadyne Asset Management LP, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC , Sculptor Capital LP, Squarepoint Ops LLC, Walleye Trading LLC, PEAK6 LLC, Barclays PLC, Marshall Wace LLP, Walleye Capital LLC, Bank of Nova Scotia, Jane Street Group LLC, Cibc World Markets Corp, Capital Markets Trading UK LLP, Bank of Montreal Can, Group One Trading LLC, Simplex Trading LLC, JPMorgan Chase & Co., Twin Tree Management LP, Goldman Sachs Group Inc., and BNP Paribas Financial Markets. 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. 12.37% of Norwegian Cruise Line's floating shares are currently sold short.

Norwegian Cruise Line saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 56,106,865 shares, an increase of 5.0% from the previous total of 53,437,369 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.

12.37% 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. (9.07%), Lindblad Expeditions (10.08%), United Airlines Holdings Inc (3.90%), Carnival Corporation (3.76%), Delta Air Lines, Inc. (3.52%), Hilton Worldwide Holdings Inc. (2.59%), Royal Caribbean Cruises Ltd. (5.03%), Travel + Leisure Co. (4.46%), Ryanair Holdings PLC (0.33%), Brookfield Infrastructure Partners LP (0.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($87.50 billion), Invesco QQQ ($42.26 billion), iShares Russell 2000 ETF ($24.79 billion), Salesforce Inc. ($13.16 billion), SPDR S&P Biotech ETF ($10.01 billion), Western Digital Corporation ($9.77 billion), Sandisk Corporation ($8.69 billion), iShares 20+ Year Treasury Bond ETF ($8.06 billion), CoreWeave Inc. ($7.67 billion), and iShares iBoxx $ High Yield Corporate Bond ETF ($7.64 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 down $0.01 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 April, 15 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.



This page (NYSE:NCLH) was last updated on 5/11/2026 by MarketBeat.com Staff.
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