Spirit Airlines (SAVE) Short Interest Ratio & Short Volume → Global crypto currency reset (41 major banks signed up) (From Stansberry Research) (Ad) Free SAVE Stock Alerts $3.68 -0.10 (-2.64%) (As of 04/24/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Spirit Airlines Short Interest DataCurrent Short Volume26,040,000 sharesPrevious Short Volume26,490,000 sharesChange Vs. Previous Month-1.70%Dollar Volume Sold Short$126.03 millionShort Interest Ratio / Days to Cover1.6Last Record DateMarch 31, 2024Outstanding Shares109,480,000 sharesFloat Size108,310,000 sharesShort Percent of Float24.04%Today's Trading Volume4,794,333 sharesAverage Trading Volume5,342,498 sharesToday's Volume Vs. Average90% Short Selling Spirit Airlines ? Sign up to receive the latest short interest report for Spirit Airlines and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatSAVE Short Interest Over TimeSAVE Days to Cover Over TimeSAVE Percentage of Float Shorted Over Time Ad Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. Spirit Airlines Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/202426,040,000 shares $126.03 million -1.7%24.0%1.6 $4.84 3/15/202426,490,000 shares $113.51 million +20.4%24.5%1.6 $4.29 2/29/202422,000,000 shares $141.90 million -8.1%20.3%1.4 $6.45 2/15/202423,930,000 shares $157.70 million -3.2%22.1%1.5 $6.59 1/31/202424,710,000 shares $156.17 million +15.4%22.9%1.6 $6.32 1/15/202421,420,000 shares $320.66 million +14.8%19.8%1.6 $14.97 Get the Latest News and Ratings for SAVE and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Spirit Airlines and its competitors with MarketBeat's FREE daily newsletter. 12/31/202318,660,000 shares $305.84 million +4.4%17.3%3.9 $16.39 12/15/202317,870,000 shares $274.66 million +23.2%16.5%3.9 $15.37 11/30/202314,500,000 shares $214.89 million -3.1%13.4%3.4 $14.82 11/15/202314,960,000 shares $167.55 million +40.9%13.8%4.4 $11.20 10/31/202310,620,000 shares $121.92 million +7.3%9.8%4.6 $11.48 10/15/20239,900,000 shares $157.71 million +9.3%9.2%5.7 $15.93 9/30/20239,060,000 shares $149.49 million -4.0%8.4%5.7 $16.50 9/15/20239,440,000 shares $155.29 million +10.3%8.7%5.9 $16.45 8/31/20238,560,000 shares $141.24 million +8.2%7.9%5.9 $16.50 8/15/20237,910,000 shares $124.90 million +20.2%7.3%5.1 $15.79 7/31/20236,580,000 shares $120.48 million -8.6%6.1%3.9 $18.31 7/15/20237,200,000 shares $137.09 million -2.3%6.7%4.6 $19.04 6/30/20237,370,000 shares $126.43 million -7.2%6.8%5 $17.16 6/15/20237,940,000 shares $132.56 million -2.0%7.3%5.5 $16.70 5/31/20238,100,000 shares $123.12 million -9.6%7.5%5.2 $15.20 5/15/20238,960,000 shares $140.67 million -3.6%8.3%4.7 $15.70 4/30/20239,290,000 shares $158.86 million -9.3%8.6%5.3 $17.10 4/15/202310,240,000 shares $177.56 million -3.0%9.5%6.1 $17.34 3/31/202310,560,000 shares $181.32 million -12.4%9.8%6.2 $17.17 3/15/202312,060,000 shares $204.30 million +42.2%11.2%7.4 $16.94 2/28/20238,480,000 shares $155.35 million +14.1%7.8%6.1 $18.32 2/15/20237,430,000 shares $141.47 million +1.0%6.9%8.3 $19.04 1/31/20237,360,000 shares $146.02 million -6.1%6.8%8.9 $19.84 1/15/20237,840,000 shares $161.97 million -3.0%7.3%9.7 $20.66 12/30/20228,080,000 shares $157.40 million -4.5%7.5%9.5 $19.48 12/15/20228,460,000 shares $169.03 million -2.0%7.8%8.1 $19.98 11/30/20228,630,000 shares $187.36 million -16.5%8.6%6.9 $21.71 11/15/202210,340,000 shares $223.76 million -6.1%10.3%7.8 $21.64 10/31/202211,010,000 shares $242.22 million +16.8%11.0%7.7 $22.00 10/15/20229,430,000 shares $183.22 million +4.1%9.4%5.5 $19.43 9/30/20229,060,000 shares $170.51 million +17.8%8.4%5 $18.82 9/15/20227,690,000 shares $179.25 million +21.7%7.1%3.7 $23.31 8/31/20226,320,000 shares $143.34 million +2.9%5.9%2.6 $22.68 8/15/20226,140,000 shares $152.95 million -1.4%5.7%2.2 $24.91Global crypto currency reset (41 major banks signed up) (Ad)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. SAVE Short Interest - Frequently Asked Questions What is Spirit Airlines' current short interest? Short interest is the volume of Spirit Airlines shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 26,040,000 shares of SAVE short. 24.04% of Spirit Airlines' shares are currently sold short. Learn More on Spirit Airlines' current short interest. What is a good short interest ratio for Spirit Airlines? 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. SAVE shares currently have a short interest ratio of 2.0. Learn More on Spirit Airlines's short interest ratio. Which institutional investors are shorting Spirit Airlines? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Spirit Airlines: Nomura Holdings Inc., HBK Investments L P, Flow State Investments L.P., HAP Trading LLC, Clear Street Markets LLC, TIG Advisors LLC, K2 Principal Fund L.P., III Capital Management, Crestline Management LP, Jade Capital Advisors LLC, Capstone Investment Advisors LLC, IMC Chicago LLC, Concourse Financial Group Securities Inc., Segantii Capital Management Ltd, Simplex Trading LLC, Calamos Advisors LLC, and Equitec Proprietary Markets LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Spirit Airlines? 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. 24.04% of Spirit Airlines' floating shares are currently sold short. Is Spirit Airlines' short interest increasing or decreasing? Spirit Airlines saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 26,040,000 shares, a decline of 1.7% from the previous total of 26,490,000 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. What is Spirit Airlines' float size? Spirit Airlines currently has issued a total of 109,480,000 shares. Some of Spirit Airlines' 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. Spirit Airlines currently has a public float of 108,310,000 shares. How does Spirit Airlines' short interest compare to its competitors? 24.04% of Spirit Airlines' shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Spirit Airlines: Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (0.81%), Hawaiian Holdings, Inc. (12.07%), Sun Country Airlines Holdings, Inc. (6.24%), Allegiant Travel (4.94%), Frontier Group Holdings, Inc. (28.58%), PowerFleet, Inc. (6.45%), Overseas Shipholding Group, Inc. (1.00%), Cool Company Ltd. (1.07%), Safe Bulkers, Inc. (4.07%), Willis Lease Finance Co. (0.86%), Which stocks are the most shorted right now? 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. What does it mean to sell short Spirit Airlines stock? Short selling SAVE is an investing strategy that aims to generate trading profit from Spirit Airlines as its price is falling. SAVE shares are trading down $0.10 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. How does a short squeeze work against Spirit Airlines? A short squeeze for Spirit Airlines 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 SAVE, which in turn drives the price of the stock up even further. How often is Spirit Airlines' short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SAVE, twice per month. The most recent reporting period available is March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: Hawaiian Short Squeeze Controladora Vuela Compañía de Aviación Short Squeeze Sun Country Airlines Short Squeeze Allegiant Travel Short Squeeze Frontier Group Short Squeeze Overseas Shipholding Group Short Squeeze Cool Short Squeeze PowerFleet Short Squeeze SEACOR Marine Short Squeeze Capital Product Partners Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:SAVE) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyThe #1 Crypto for 2024InvestorPlaceEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsFed launches fourth dollar overhaulStansberry ResearchUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American Alternative1970’s computer coder issues shocking A.I. warningTradeSmith