CLF Short Volume

Cleveland-Cliffs Inc. (CLF) operates in the Basic Materials sector, specifically the Steel industry, with a market capitalization near $6.79B, listed on NYSE, employing roughly 25,000 people, carrying a beta of 2.12 to the broader market. Cleveland-Cliffs Inc. Led by C. Lourenco Goncalves, public since 1987-11-05.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date
2026-08-14
Short Volume
1.9M
Total Volume
4.4M
Short %
44.08%
30-Day Avg Short %
48.25%

Showing 30 days of FINRA short volume data for Cleveland-Cliffs Inc..

Learn how short volume is reported and how to read the data →

CLF most-active contracts

TypeStrikeExpirationVolumeOIIVBidAsk
CALL$12.00Sep 18, 20261.6K18.6K56.0%$0.81$0.83
PUT$12.00Aug 21, 20261.5K3.3K54.8%$0.37$0.41
CALL$12.50Aug 28, 20261.1K50555.5%$0.28$0.31

Top 3 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.

Frequently asked CLF short volume questions

What is the daily CLF short volume?
As of Aug 14, 2026, Cleveland-Cliffs Inc. (CLF) short volume is 1.9M shares against 4.4M total reported volume, or 44.08% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is CLF short volume reported?
FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
What does CLF short volume tell options traders?
Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.