Air Canada Short Interest Ratio and Short Volume

-0.57 (-2.87 %)
(As of 04/19/2021 12:00 AM ET)
Today's Range
Now: $19.31
50-Day Range
MA: $21.56
52-Week Range
Now: $19.31
Volume53,364 shs
Average Volume212,260 shs
Market Capitalization$6.49 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Air Canada (OTCMKTS:ACDVF) Short Interest Data

Current Short Volume8,518,600 shares
Previous Short Volume9,531,700 shares
Change Vs. Previous Month:-10.63%
Dollar Volume Sold Short$179.40 million
Short Interest Ratio / Days to Cover25.2
Last Record DateMarch, 31 2021
Outstanding Shares336,139,000 shares
Percentage of Shares Shorted2.53%
Today's Trading Volume53,364 shares
Average Trading Volume212,260 shares
Today's Volume Vs. Average-74.86%

Short Interest Over Time

Air Canada (OTCMKTS:ACDVF) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20218,518,600 shares $179.40 million -10.6%N/A25.2 $21.06
3/15/20219,531,700 shares $227.71 million +28.6%N/A35.6 $23.89
2/26/20217,413,000 shares $156.41 million +7.2%N/A29.4 $21.10
2/12/20216,912,800 shares $114.66 million +9.8%N/A35 $16.59
1/29/20216,297,700 shares $103.47 million -20.2%N/A23.5 $16.43
1/15/20219,370,300 shares $176.68 million +0.1%N/A15.8 $18.86
12/31/20209,370,300 shares $170.82 million +0.1%N/A15.8 $18.23
12/15/20209,370,300 shares $191.62 million +0.1%N/A15.8 $20.45
11/30/20209,361,700 shares $168.98 million +5.3%N/A25.7 $18.05
11/15/20208,890,600 shares $169.45 million -14.9%N/A20.7 $19.06
10/30/202010,442,200 shares $154.34 million -9.3%N/A58.7 $14.78
10/15/202011,513,800 shares $136.32 million +8.8%N/A50 $11.84
9/30/202010,582,600 shares $126.89 million +20.0%N/A48.2 $11.99
9/15/20208,816,300 shares $104.03 million +9.4%N/A47 $11.80
8/31/20208,061,800 shares $108.59 million -3.3%N/A36.3 $13.47
8/14/20208,336,000 shares $112.20 million +32.5%N/A19.6 $13.46
7/31/20206,293,800 shares $77.67 million +7.2%N/A27.6 $12.34
7/15/20205,873,200 shares $66.31 million -24.8%N/A20.6 $11.29
6/30/20207,811,300 shares $95.92 million +5.7%N/A22.6 $12.28
6/15/20207,393,700 shares $94.42 million +6.8%N/A5.3 $12.77
5/29/20206,920,800 shares $87.34 million +243.5%N/A15 $12.62
5/15/20202,014,800 shares $23.27 million -28.7%N/A7.1 $11.55
4/30/20202,683,300 shares $32.17 million -10.5%N/A14.1 $11.99
4/15/20202,997,000 shares $34.89 million +28.1%N/A8.8 $11.64
3/31/20202,340,000 shares $30.40 million -21.7%N/A10.4 $12.99

Air Canada (OTCMKTS:ACDVF) Short Interest FAQ

speech bubbles
speech bubbles

What is Air Canada's current short interest?

Short interest is the volume of Air Canada shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 8,518,600 shares of ACDVF short.

What is a good short interest ratio for Air Canada?

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. Air Canada currently has a short interest ratio of 25.0.

Is Air Canada's short interest increasing or decreasing?

Air Canada saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 8,518,600 shares, a decrease of 10.6% from the previous total of 9,531,700 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.

How does Air Canada's short interest compare to its competitors?

0.00% of Air Canada's shares are currently sold short. Here is how the short interest of companies in the industry of "air transportation, scheduled" compare to Air Canada: Ryanair Holdings plc (0.00%), United Airlines Holdings, Inc. (0.00%), American Airlines Group Inc. (0.00%), China Southern Airlines Company Limited (0.00%), Azul S.A. (0.00%), Alaska Air Group, Inc. (0.00%), Deutsche Lufthansa AG (0.00%), China Eastern Airlines Co. Limited (0.00%), JetBlue Airways Co. (0.00%), and International Consolidated Airlines Group, S.A. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Air Canada stock?

Short selling ACDVF is an investing strategy that aims to generate trading profit from Air Canada as its price is falling. Air Canada's stock is trading down $0.57 today. To short Air Canada 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 Air Canada 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 Air Canada?

A short squeeze for Air Canada 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 ACDVF, which in turn drives the price of the stock up even further.

How often is Air Canada's 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 ACDVF, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/20/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.