Royal Caribbean Cruises (RCL) Short Interest Ratio & Short Volume

Short interest is the volume of Royal Caribbean Cruises shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 15,360,000 shares of RCL short. 6.52% of Royal Caribbean Cruises' shares are currently sold short. Learn More on Royal Caribbean Cruises' 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. RCL shares currently have a short interest ratio of 6.0. Learn More on Royal Caribbean Cruises's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Royal Caribbean Cruises: Nomura Holdings Inc., HBK Investments L P, Goldman Sachs Group Inc., Readystate Asset Management LP, Clear Street Markets LLC, K2 Principal Fund L.P., Point72 Asset Management L.P., Balyasny Asset Management L.P., Verition Fund Management LLC, Intrinsic Edge Capital Management LLC, Goldman Sachs Group Inc., Dymon Asia Capital Singapore PTE. LTD., DLD Asset Management LP, Capstone Investment Advisors LLC, Weiss Asset Management LP, Wells Fargo & Company MN, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., and Wolverine Asset Management 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. 6.52% of Royal Caribbean Cruises' floating shares are currently sold short.

Royal Caribbean Cruises saw a decrease in short interest in March. As of March 31st, there was short interest totaling 15,360,000 shares, a decrease of 2.0% from the previous total of 15,680,000 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.

Royal Caribbean Cruises currently has issued a total of 256,680,000 shares. Some of Royal Caribbean Cruises' 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. Royal Caribbean Cruises currently has a public float of 235,760,000 shares.

6.52% of Royal Caribbean Cruises' shares are currently sold short. Here is how the short interest of companies in the sector of "consumer discretionary" compare to Royal Caribbean Cruises: Carnival Co. & plc (10.15%), Las Vegas Sands Corp. (1.83%), DraftKings Inc. (2.35%), Electronic Arts Inc. (3.23%), Trip.com Group Limited (1.47%), Charter Communications, Inc. (11.62%), Lululemon Athletica Inc. (3.72%), Take-Two Interactive Software, Inc. (4.98%), Roblox Co. (4.02%), Live Nation Entertainment, Inc. (9.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling RCL is an investing strategy that aims to generate trading profit from Royal Caribbean Cruises as its price is falling. RCL shares are trading up $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 Royal Caribbean Cruises 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 RCL, 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 RCL, twice per month. The most recent reporting period available is March, 31 2024.