Controladora Vuela Compañía de Aviación Short Interest Ratio and Short Volume

Short interest is the volume of Controladora Vuela Compañía de Aviación shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 830,500 shares of VLRS short.

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. Controladora Vuela Compañía de Aviación currently has a short interest ratio of 2.0.

Controladora Vuela Compañía de Aviación saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 830,500 shares, an increase of 32.0% from the previous total of 629,200 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.

0.00% of Controladora Vuela Compañía de Aviación's shares are currently sold short. Here is how the short interest of companies in the industry of "air transportation, scheduled" compare to Controladora Vuela Compañía de Aviación: JetBlue Airways Co. (0.00%), International Consolidated Airlines Group, S.A. (0.00%), easyJet plc (0.00%), Allegiant Travel (4.55%), Spirit Airlines, Inc. (0.00%), Cathay Pacific Airways Limited (0.00%), Copa Holdings, S.A. (0.00%), Air France-KLM SA (0.00%), SkyWest, Inc. (3.13%), and EHang Holdings Limited (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

Short selling VLRS is an investing strategy that aims to generate trading profit from Controladora Vuela Compañía de Aviación as its price is falling. Controladora Vuela Compañía de Aviación's stock is trading up $0.15 today. To short Controladora Vuela Compañía de Aviación 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 Controladora Vuela Compañía de Aviación 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 Controladora Vuela Compañía de Aviación 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 VLRS, 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 VLRS, twice per month. The most recent reporting period available is March, 15 2021.