Spirit Airlines (SAVE) Short Interest Ratio & Short Volume $2.42 -0.66 (-21.43%) (As of 10/24/2024 ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Spirit Airlines Short Interest DataSpirit Airlines (SAVE) has a short interest of 35.72 million shares, representing 33.02% of the float (the number of shares available for trading by the public). This marks a 12.97% increase in short interest from the previous month. The short interest ratio (days to cover) is 6.8, indicating that it would take 6.8 days of the average trading volume of 10.11 million shares to cover all short positions.Current Short Interest35,720,000 sharesPrevious Short Interest31,620,000 sharesChange Vs. Previous Month+12.97%Dollar Volume Sold Short$85.55 millionShort Interest Ratio6.8 Days to CoverLast Record DateSeptember 30, 2024Outstanding Shares109,520,000 sharesFloat Size108,180,000 sharesShort Percent of Float33.02%Today's Trading Volume35,778,668 sharesAverage Trading Volume10,106,707 sharesToday's Volume Vs. Average354% Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartSAVE Short Interest Over TimeSAVE Days to Cover Over TimeSAVE Percentage of Float Shorted Over Time Ad Huge AlertsOur Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!!Our Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!! And The Stock Could be Gearing Up for A MASSIVE Bounce...Sign Up NOW our alert is set to release on Oct 25th!! 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 9/30/202435,720,000 shares $85.55 million +13.0%33.0%6.8 $2.40 9/15/202431,620,000 shares $79.05 million -0.3%29.2%6.9 $2.50 8/31/202431,720,000 shares $81.84 million -8.6%29.3%6.7 $2.58 8/15/202434,720,000 shares $97.56 million +5.8%32.1%6.9 $2.81 7/31/202432,810,000 shares $99.09 million +3.2%30.3%5.7 $3.02 7/15/202431,790,000 shares $97.60 million +7.8%29.3%5.1 $3.07Our Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!! (Ad)Our Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!! And The Stock Could be Gearing Up for A MASSIVE Bounce...Sign Up NOW our alert is set to release on Oct 25th!! 6/30/202429,490,000 shares $107.93 million +1.7%27.2%4.8 $3.66 6/15/202429,000,000 shares $100.34 million +1.0%N/A4.7 $3.46 5/31/202428,720,000 shares $105.12 million +4.5%N/A4.5 $3.66 5/15/202427,480,000 shares $111.57 million -5.7%N/A4 $4.06 4/30/202429,140,000 shares $103.01 million +5.7%26.9%4.1 $3.54 4/15/202427,560,000 shares $122.64 million +5.8%25.4%2.8 $4.45 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 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 $19.04Our Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!! 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And The Stock Could be Gearing Up for A MASSIVE Bounce...Sign Up NOW our alert is set to release on Oct 25th!! 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 $24.91 7/31/20226,230,000 shares $154.32 million +10.9%9.2%1.7 $24.77 7/15/20225,620,000 shares $137.86 million -37.1%8.3%1.5 $24.53 6/30/20228,930,000 shares $212.89 million -7.8%13.2%2.2 $23.84 6/15/20229,690,000 shares $209.89 million -7.0%14.3%2.1 $21.66 5/31/202210,420,000 shares $218.30 million +9.7%10.0%2.2 $20.95 5/15/20229,500,000 shares $161.31 million +10.0%9.2%1.9 $16.98 4/30/20228,640,000 shares $203.99 million +4.1%8.4%1.6 $23.61 4/15/20228,300,000 shares $208.50 million -18.4%8.0%1.4 $25.12 3/31/202210,170,000 shares $222.42 million -3.4%9.8%1.6 $21.87 3/15/202210,530,000 shares $221.97 million -16.0%10.2%1.8 $21.08 2/28/202212,530,000 shares $314.25 million +0.1%12.1%2.1 $25.08 2/15/202212,520,000 shares $339.92 million +41.8%12.1%2.1 $27.15 1/31/20228,830,000 shares $189.58 million +43.8%8.4%1.5 $21.47 1/15/20226,140,000 shares $143.00 million -3.8%5.9%1.2 $23.29 12/31/20216,380,000 shares $139.40 million -6.9%6.1%1.3 $21.85 12/15/20216,850,000 shares $152.14 million +2.1%6.5%1.4 $22.21 11/30/20216,710,000 shares $140.31 million +10.4%6.4%1.5 $20.91 11/15/20216,080,000 shares $145.07 million -28.1%5.8%1.5 $23.86 10/29/20218,450,000 shares $184.63 million +31.4%7.9%1.9 $21.85 10/15/20216,430,000 shares $154.38 million -3.0%6.0%1.5 $24.01 9/30/20216,630,000 shares $171.98 million +7.6%6.2%1.6 $25.94 9/15/20216,160,000 shares $152.52 million -4.8%5.7%1.5 $24.76 8/31/20216,470,000 shares $158.71 million +6.4%6.0%1.6 $24.53 8/13/20216,080,000 shares $150.36 million +11.4%5.7%1.6 $24.73 7/30/20215,460,000 shares $147.31 million +1.3%5.1%1.5 $26.98 7/15/20215,390,000 shares $150.22 million -15.4%5.0%1.5 $27.87 6/30/20216,370,000 shares $193.90 million +3.2%5.9%1.8 $30.44 6/15/20216,170,000 shares $209.72 million -4.6%5.7%1.8 $33.99 5/28/20216,470,000 shares $231.04 million -6.0%6.0%1.8 $35.71 5/14/20216,880,000 shares $226.97 million -27.9%N/A1.7 $32.99 4/30/20219,540,000 shares $340.01 million -1.7%N/A2.1 $35.64 4/15/20219,700,000 shares $361.62 million -4.2%N/A2 $37.28 3/31/202110,120,000 shares $380.71 million -18.2%N/A2 $37.62 3/15/202112,370,000 shares $477.73 million -0.7%N/A2.4 $38.62 2/26/202112,460,000 shares $441.71 million -3.6%N/A2.1 $35.45 2/12/202112,920,000 shares $387.73 million +1.3%N/A2 $30.01 1/29/202112,760,000 shares $340.82 million -6.0%N/A1.8 $26.71 1/15/202113,580,000 shares $369.51 million -14.4%N/A1.8 $27.21Our Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!! (Ad)Our Next Stock Alert is A Biotech NASDAQ Company That Has been ON FIRE!! And The Stock Could be Gearing Up for A MASSIVE Bounce...Sign Up NOW our alert is set to release on Oct 25th!! 12/31/202015,870,000 shares $394.69 million -15.5%N/A2 $24.87 12/15/202018,770,000 shares $487.83 million +26.2%N/A2.1 $25.99 11/30/202014,870,000 shares $347.51 million -7.5%N/A1.7 $23.37 11/15/202016,070,000 shares $317.06 million -6.7%N/A1.8 $19.73 10/30/202017,230,000 shares $293.60 million +5.6%N/A1.9 $17.04 10/15/202016,310,000 shares $268.14 million -2.6%N/A1.8 $16.44 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 covered or closed out. As of September 30th, investors have sold 35,720,000 shares of SAVE short. 33.02% 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 7.0. 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: Bardin Hill Management Partners LP, Quarry LP, Murchinson Ltd., Susquehanna International Group LLP, Sculptor Capital LP, Shaolin Capital Management LLC, III Capital Management, Whitebox Advisors LLC, Torno Capital LLC, Murchinson Ltd., Lombard Odier Asset Management USA Corp, Marathon Trading Investment Management LLC, and Summit Securities Group 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. 33.02% of Spirit Airlines' floating shares are currently sold short. Is Spirit Airlines' short interest increasing or decreasing? Spirit Airlines saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 35,720,000 shares, an increase of 13.0% from the previous total of 31,620,000 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 109,520,000 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 108,180,000 shares. How does Spirit Airlines' short interest compare to its competitors? 33.02% of Spirit Airlines' shares are currently sold short. Here is how the short interest of companies in the industry of "transportation" compare to Spirit Airlines: Lindblad Expeditions Holdings, Inc. (4.94%), Safe Bulkers, Inc. (2.95%), P.A.M. Transportation Services, Inc. (0.99%), Proficient Auto Logistics, Inc. (2.41%), Pangaea Logistics Solutions, Ltd. (0.98%), Euroseas Ltd. (0.43%), Diana Shipping Inc. (1.54%), Himalaya Shipping Ltd. (1.13%), Blade Air Mobility, Inc. (7.51%), SEACOR Marine Holdings Inc. (3.22%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 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 up $0.97 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 September, 30 2024. More Short Interest Resources from MarketBeat Related Companies Lindblad Expeditions Short Squeeze Safe Bulkers Short Squeeze P.A.M. Transportation Services Short Squeeze Proficient Auto Logistics Short Squeeze Pangaea Logistics Solutions Short Squeeze Euroseas Short Squeeze Diana Shipping Short Squeeze Himalaya Shipping Short Squeeze Blade Air Mobility Short Squeeze SEACOR Marine 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 10/24/2024 by MarketBeat.com Staff From Our PartnersNext opportunity for crypto millionsAccording to Steven Lubka, head of a private equity firm with over $250M in assets under management, "Bitcoin ...Crypto 101 Media | Sponsored Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | SponsoredONE crypto stock +526% in under 60 daysCryptos are screaming higher right now. 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