CLF Short Volume

Cleveland-Cliffs Inc. (CLF) operates in the Basic Materials sector, specifically the Steel industry, with a market capitalization near $5.68B, listed on NYSE, employing roughly 30,000 people, carrying a beta of 2.09 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
2026-06-30
Short Volume
5.4M
Total Volume
9.8M
Short %
55.16%
30-Day Avg Short %
43.38%

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$10.00Jul 2, 20261.4K1.8K87.1%$0.04$0.06
CALL$9.50Jul 2, 20261.3K65285.3%$0.15$0.18
PUT$9.00Jul 2, 20261.3K2.5K90.4%$0.09$0.12
PUT$9.00Jul 17, 20261.1K4.5K73.4%$0.40$0.43

Top 4 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 Jun 30, 2026, Cleveland-Cliffs Inc. (CLF) short volume is 5.4M shares against 9.8M total reported volume, or 55.16% 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.