DKL DELEK LOGISTICS PARTNERS, LP
XNYS
56.77
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
DKL
$56.77
—
Key stats
$56.77
- 52-Week Range
- $42.82 – $61.50
- YTD
- +20.79%
- IV Rank (30D)
- 62.99
- Straddle Price
- $4.25
- P/C Vol Ratio
- 1.31
- Market Cap
- $3.3B
- Open
- $57.03
- Day Range
- $56.49 – $57.70
- Volume
- 54,214
- Prev Close
- $57.18
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 0.62 |
| Cost of Equity (CAPM) | 8.24% (VRP-adj) |
| WACC | 7.56% |
| Volatility Risk Premium | +46.6pp (IV − HV30) |
| Effective Tax Rate | 0.0% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.1B |
| Return on Equity (TTM) | -222.4% |
| Book / Price | -2.3% |
| Gross Margin (TTM) | 38.3% |
| FCF Margin (TTM) | 11.2% |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | +13.9% (reverse-DCF on current price) |
| SMA 50 | $55.45 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $55.57 |
| Bollinger Width / SMA20 | 16.8% (drives anchor stability) |
| Net Debt | $2.4B |
| Market Cap | $3B |
Peers used for multiples: ENB, EPD, ET, FLNG, GEL, MPLX, PAA, SOBO
60-Day Conviction
94%
20-Day Fair Value
≈ by Nov 20, 2026
$57.44
α +1.2%
rank 81%
conviction
68%
40-Day Fair Value
≈ by Dec 21, 2026
$58.70
α +3.4%
rank 81%
conviction
90%
60-Day Fair Value
≈ by Jan 19, 2027
$59.40
α +4.6%
rank 83%
conviction
94%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $212.08 | 22% | |
| DDM (Gordon) | $146.02 | 18% | |
| Peer P/E | $41.17 | 5% | median 13.0× · 6 peers |
| Peer EV/EBITDA | $27.20 | 7% | median 10.5× · 6 peers |
| Peer P/B | n/a | 0% | median 2.3× · 5 peers |
| Peer P/S | $28.49 | 9% | median 1.2× · 6 peers |
| Market Anchor (SMA50) | $55.45 | 29% | stability 66% (BB-width) |
| Options Expected (B-L 30d) | $58.48 | 11% | 10 strikes · skew +0.14 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- PIPE LINES (NO NATURAL GAS) (4610) · industry map
- Exchange
- XNYS
- Market Cap
- $3.3B
- List Date
- 2012-11-02
- CIK
- 0001552797
- Next Earnings
- 2026-11-06 (Pre-Market)
- EPS Forecast
- $1.38 (1 est.)
- Headquarters
- Brentwood, TN
- Homepage
- https://www.deleklogistics.com
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes gathering and processing; wholesale marketing and terminalling; storage and transportation and investment in pipeline joint ventures. It generates maximum revenue from the wholesale marketing and terminalling segment, which provides marketing services for the refined products output of the Delek Holdings' refineries, engages in wholesale activity at its terminals and terminals owned by third parties, whereby it purchases light product …
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 22.12% | 2.63% | 11.28% | 6.36% | 3.09% | 5.72% | 8.53% |
| Feb | 1.07% | -3.79% | 4.56% | -7.69% | -1.89% | 3.51% | -0.71% |
| Mar | -3.87% | 7.42% | -4.99% | -6.93% | 2.12% | -8.86% | -2.52% |
| Apr | 12.52% | 12.62% | -3.82% | -2.85% | -9.89% | 5.31% | 2.31% |
| May | 3.11% | 5.08% | 14.20% | -0.33% | 7.18% | -8.47% | 3.46% |
| Jun | -1.76% | -8.10% | 3.19% | 1.79% | 2.29% | 0.80% | -0.30% |
| Jul | -2.40% | 9.78% | -10.20% | 1.90% | 7.83% | 17.31% | 4.04% |
| Aug | 3.42% | 10.34% | -13.90% | 1.28% | -1.11% | -4.41% | -0.73% |
| Sep | 5.80% | -17.32% | -3.52% | 2.97% | 5.59% | -5.00% | -1.91% |
| Oct | 7.10% | 4.52% | 14.12% | -11.94% | -0.93% | 4.22%* | 2.85% |
| Nov | -14.86% | -8.99% | 7.96% | 3.52% | 3.48% | -- | -1.78% |
| Dec | 0.12% | -9.84% | -17.74% | 5.78% | -4.04% | -- | -5.14% |
| Total | 31.85% | -0.92% | -5.27% | -7.71% | 13.02% | 7.59% | 6.43% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $55.57
SMA 50: $55.45
SMA 200: $53.01
Current: $56.77
EMA 12: $56.38
EMA 26: $55.98
MACD: 0.3972 | Signal: 0.1428
BULLISH
ADX (14): 18.17
RANGE
+DI: 20.87
−DI: 11.10
Momentum Oscillators
RSI (14): 54.80
NEUTRAL
Stoch %K: 76.71
Stoch %D: 80.14
Williams %R: -25.83
Volume & Volatility
BB Upper: $58.17
BB Lower: $52.97
NEUTRAL
OBV: 8,223,578
Vol SMA 20: 98,139
Vol ROC: -16.67%
ATR: $1.19
True Range: $1.21
HV 20: 19.6%
HV 30: 22.8%
HV 60: 38.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: DKL
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers:
- Bullish momentum signals from MACD and RSI
- Positive news sentiment and recent price action
- Low volatility and beta, indicating reduced risk
Primary risks:
- Potential for mean reversion or pullback to support levels
- Market corrections or sector rotation
Investment thesis: DKL is a fundamentally strong stock with positive earnings surprises and increasing dividend payments. The current market conditions are conducive for further gains, but investors should be aware of potential mean reversion or correction.
Recent news sentiment impact: Positive news headlines have contributed to the recent price action, highlighting the company's performance and growth prospects.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Bullish trend
- Medium-term (1-3 months): Consolidating with a potential uptrend
- Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- Lower Bollinger Band: $54.05
- Middle Band: $57.15
- Upper Band: $60.26
- Key resistance level: $62.50
Momentum Signals: RSI interpretation: 63.78 (neutral) MACD signal: Bullish momentum with a histogram above the zero line Bollinger Bands position: Neutral, indicating no strong trends or reversals
Volume Analysis:
- Volume SMA 20: 82974.45
- On-Balance Volume (OBV): 7347635.80
- Volume Rate of Change: 180.65%
News & Sentiment Analysis
Recent Headlines Summary:
- Positive earnings surprises and dividend payments
- Company performance and growth prospects highlighted
Sentiment Assessment: POSITIVE
Catalyst Identification:
- Upcoming earnings report (no specific date available)
- Product launches and partnerships (no recent updates)
Market Narrative: The positive news headlines have contributed to the recent price action, highlighting the company's performance and growth prospects.
Risk & Volatility Assessment
Risk Metrics:
- Beta: 0.10 (vs SPY), indicating low volatility
- Alpha: 0.29, suggesting slightly higher returns than market
- Correlation: 0.05, showing reduced correlation with market
Volatility Regime: Low volatility regime
Options Market Signals: IV Rank: 27.6% (Medium - shows if volatility is historically high/low) Current IV: 43.6% Expected Move: $4.00 (39 DTE), 7-DTE: $2.25 Volume Flow: 11 calls vs 22 puts Open Interest: 41 calls vs 13 puts Put/Call Volume Ratio: 2.00 (Bearish sentiment) Put/Call OI Ratio: 0.32
Downside Protection:
- Support levels at $54.05 and $57.15
- Risk management considerations: stop-loss levels and position sizing
Market Context & Positioning
Sector Performance:
- Sector performance: Energy sector has been trending upwards, supporting DKL's price action
Institutional Activity:
- Volume patterns suggesting institutional interest in the stock
Correlation Analysis:
- Correlation with market (R-squared interpretation): 0.05, indicating reduced correlation
Relative Valuation:
- Position within trading range: The stock is trading within a defined range, offering potential entry and exit points for investors.
Key Levels & Action Items
Critical Price Levels:
- Support levels at $54.05 and $57.15
- Resistance level at $60.26
Breakout/Breakdown Levels:
- Breakout level above $62.50
- Breakdown level below $54.05
Time-Sensitive Catalysts:
- Upcoming earnings report (no specific date available)
- Product launches and partnerships (no recent updates)
Risk Management:
- Stop-loss levels at $56.15 and $58.15
- Position sizing considerations: 1-2% of portfolio, depending on market conditions.
Please note that this is a hypothetical analysis and not an actual recommendation to buy or sell the stock.
Generated
News
All DKL news →
Earnings History
23 of 23 under expected move
Avg Expected Move
6.72%
Avg Actual Move
1.76%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-23 | After-Close | 10.63% | 6.73% | 0.63x | Within |
| 2021-05-04 | After-Close | 8.54% | 3.24% | 0.38x | Within |
| 2021-08-04 | After-Close | 5.86% | 0.60% | 0.10x | Within |
| 2021-11-04 | After-Close | 3.84% | 0.13% | 0.03x | Within |
| 2022-02-23 | After-Close | 3.53% | 1.34% | 0.38x | Within |
| 2022-04-11 | After-Close | 8.54% | 2.42% | 0.28x | Within |
| 2022-08-04 | After-Close | 6.62% | 0.67% | 0.10x | Within |
| 2022-11-07 | After-Close | 7.89% | 1.07% | 0.14x | Within |
| 2023-02-28 | After-Close | 8.73% | 1.01% | 0.12x | Within |
| 2023-05-08 | After-Close | 6.04% | 0.11% | 0.02x | Within |
| 2023-07-26 | After-Close | 10.96% | 3.61% | 0.33x | Within |
| 2023-11-07 | After-Close | 7.22% | 2.00% | 0.28x | Within |
| 2024-02-27 | After-Close | 7.89% | 2.11% | 0.27x | Within |
| 2024-05-07 | After-Close | 4.76% | 0.67% | 0.14x | Within |
| 2024-08-06 | Pre-Market | 5.80% | 0.30% | 0.05x | Within |
| 2024-11-06 | Pre-Market | 5.06% | 0.56% | 0.11x | Within |
| 2025-02-25 | After-Close | 5.88% | 0.10% | 0.02x | Within |
| 2025-05-07 | After-Close | 6.28% | 1.79% | 0.29x | Within |
| 2025-08-06 | After-Close | 5.13% | 2.53% | 0.49x | Within |
| 2025-11-07 | After-Close | 4.20% | 1.03% | 0.25x | Within |
| 2026-02-27 | After-Close | 7.51% | 5.14% | 0.68x | Within |
| 2026-04-29 | After-Close | 7.07% | 0.13% | 0.02x | Within |
| 2026-08-05 | After-Close | 6.65% | 3.13% | 0.47x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
DKL Options Activity & IV Rank
DKL IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 30.3%
7-DTE IV: —
Expected Move: $4.25
7-DTE Move: $4.25
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 58
Put Volume: 76
P/C Volume: 1.31
BEARISH
Call OI: 3,135
Put OI: 985
P/C OI: 0.314
Total OI: 4,120
ATM Options Pricing
ATM Call: $2.65
ATM Put: $1.60
Call %: 4.7%
Put %: 2.8%
Chain Summary
Chain Volume: 756
Chain OI: 7,844
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 66th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
66%
vs own history
GEX tilt
+0.80
OI-weighted, today
Vanna tilt
+0.75
δ-sensitivity to IV
Charm tilt
-0.90
δ-decay vs time
Vanna tilt +0.75: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.90: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 13 ATM contracts, 5k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · No data
30 DTE / 10d
77%
+13.7
pts
EXTREME
as of Oct 21 · ATM 27.0% / Wing 40.7%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)63.0MediumOct 21
Straddle Price (30 DTE)$4.25Oct 21
Beta Analysis
Risk Metrics
Beta: -0.0686
Alpha: 30.83%
Correlation: -0.0285
R-Squared: 0.1%
Stock Volatility: 30.5%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own DKL
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $3.6M | #2338 of 6285 | +295.0% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $76K | #3134 of 4729 | 0.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
DKL Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 53,478,617 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
6 filers$22.79M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $7.60M | 33.36% | 2026-06-30 |
| 2 | PEAK6 LLC | $6.95M | 30.49% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $4.60M | 20.20% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $1.48M | 6.51% | 2026-06-30 |
| 5 | Citadel Advisors LLC Custodian | $1.41M | 6.20% | 2026-06-30 |
| 6 | Simplex Trading, LLC Custodian | $737.02K | 3.23% | 2026-06-30 |
4 filers$3.03M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $1.51M | 49.83% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $804.02K | 26.53% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $711.25K | 23.47% | 2026-06-30 |
| 4 | Simplex Trading, LLC Custodian | $5.15K | 0.17% | 2026-06-30 |
DKL Insider Trading (Form 4)
Latest: 2026-09-14Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-09-14 | Reuven Spiegel | EVP, Delek Logistics | Tax (F) | −743 | $57.00 | -$42.4K | EDGAR |
| 2026-09-14 | Avigal Soreq | President | Tax (F) | −3,038 | $57.00 | -$173.2K | EDGAR |
| 2026-09-14 | Robert G. Wright | EVP, Chief Financial Officer | Tax (F) | −229 | $57.00 | -$13.1K | EDGAR |
| 2026-09-14 | Mark Wayne Hobbs | EVP | Tax (F) | −659 | $57.00 | -$37.6K | EDGAR |
| 2026-08-17 | Robert G. Wright | EVP, Chief Financial Officer | Buy (P) | +1,500 | $50.00 | $75.0K | EDGAR |
| 2026-08-17 | Ezra Uzi Yemin | Chairman | Buy (P) | +6,000 | $50.00 | $300.0K | EDGAR |
| 2026-08-17 | Reuven Spiegel | Executive Vice President, DKL | Buy (P) | +1,000 | $50.00 | $50.0K | EDGAR |
| 2026-08-17 | Mark Wayne Hobbs | EVP | Buy (P) | +4,000 | $50.00 | $200.0K | EDGAR |
| 2026-08-17 | Avigal Soreq | President | Buy (P) | +2,500 | $50.00 | $125.0K | EDGAR |
| 2026-06-16 | Frederec Green | Director | Award (A) | +2,476 | $52.49 | $130.0K | EDGAR |
| 2026-06-12 | Denise Clark McWatters | EVP, Gen Counsel & Corp Sec | Tax (F) | −1,277 | $52.49 | -$67.0K | EDGAR |
| 2026-06-12 | Ron W Haddock | Director | Award (A) | +2,476 | $52.49 | $130.0K | EDGAR |
| 2026-06-12 | Robert G. Wright | EVP, Chief Financial Officer | Tax (F) | −74 | $52.49 | -$3.9K | EDGAR |
| 2026-06-12 | Eric D Gadd | Director | Award (A) | +2,476 | $52.49 | $130.0K | EDGAR |
| 2026-06-12 | Avigal Soreq | President | Tax (F) | −1,646 | $52.49 | -$86.4K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
DKL Insider Holdings
15 insiders · @ $56.77
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Delek US Holdings, Inc. | Director | 49,254,699 | $2.80B | -$29.95M | 22 | 2026-05-22 |
| 2 | Ezra Uzi Yemin | Chairman | 221,918 | $12.60M | -$8.80M | 57 | 2026-08-17 |
| 3 | Frederec Green | Director | 83,514 | $4.74M | $525.0K | 18 | 2026-06-16 |
| 4 | Avigal Soreq | President | 81,744 | $4.64M | $112.3K | 31 | 2026-09-14 |
| 5 | Eric D Gadd | Director | 36,406 | $2.07M | $0 | 13 | 2026-06-12 |
| 6 | Reuven Spiegel | EVP, Delek Logistics | 28,806 | $1.64M | -$624.8K | 50 | 2026-09-14 |
| 7 | Ron W Haddock | Director | 28,312 | $1.61M | $0 | 10 | 2026-06-12 |
| 8 | Mark Wayne Hobbs | EVP | 23,466 | $1.33M | $200.0K | 8 | 2026-09-14 |
| 9 | Charles J Brown III | Director | 20,447 | $1.16M | -$888.8K | 19 | 2026-06-12 |
| 10 | Joseph Israel | EVP | 18,699 | $1.06M | $120.0K | 17 | 2026-03-11 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
DKL Board & Officers
As of SEC filings through Sep 14, 2026Directors 12
- Charles J Brown III · since Nov 1, 2012
- Ezra Uzi Yemin · since Nov 1, 2012
- Frederec Green · since Nov 1, 2012
- Eric D Gadd · since Oct 25, 2013
- Reuven Spiegel · since Jul 28, 2014
- Ron W Haddock · since Jul 18, 2017
- Gennifer F. Kelly · since Jul 26, 2020
- Delek Logistics Services Co · on file since Aug 2020
- Delek US Energy, Inc. (entity) · listed since Aug 2020
- Delek US Holdings, Inc. (entity) · listed since Aug 2020
- Sherri Anne Brillon · since Jan 26, 2021
- Avigal Soreq · listed since Jun 2022
Officers 7
- Avigal Soreq · President · listed since Jun 2022
- Reuven Spiegel · Executive Vice President, DKL · listed since Mar 2025
- Robert G. Wright · EVP, Chief Financial Officer · listed since Jun 2025
- Mark Wayne Hobbs · EVP · listed since Jun 2025
- Joseph Israel · EVP · listed since Dec 2025
- Misty Lavender · EVP, Gen Counsel & Corp Sec · since Jul 1, 2026
- Ezra Uzi Yemin · Chairman · listed since Dec 2024
10% owners 3
- Delek Logistics Services Co · on file since Aug 2020
- Delek US Energy, Inc. (entity) · since Nov 1, 2012
- Delek US Holdings, Inc. (entity) · on file since Mar 2020
Changes in the last 10 years (38)
| Jul 1, 2026 | Misty Lavender became EVP, Gen Counsel & Corp Sec |
| Dec 11, 2025 | Joseph Israel listed as EVP (previously EVP, Operations) in SEC filings |
| Jun 12, 2025 | Robert G. Wright listed as EVP, Chief Financial Officer (previously SVP & Deputy CFO) in SEC filings |
| Jun 12, 2025 | Mark Wayne Hobbs listed as EVP (previously EVP, Chief Financial Officer) in SEC filings |
| Mar 12, 2025 | Reuven Spiegel listed as Executive Vice President, DKL (previously Evp/cfo) in SEC filings |
| Mar 1, 2025 | Mark Wayne Hobbs became EVP, Chief Financial Officer |
| Feb 12, 2025 | The company announced the departure of Odely Sakazi as Senior Vice President in an SEC filing |
| Dec 12, 2024 | Ezra Uzi Yemin listed as Chairman (previously Executive Chairman) in SEC filings |
| Sep 12, 2024 | Robert G. Wright listed as SVP & Deputy CFO (previously SVP & Chief Accounting Officer) in SEC filings |
| Mar 30, 2023 | Joseph Israel became EVP, Operations |
| Jun 14, 2022 | Ezra Uzi Yemin listed as Executive Chairman (previously Chairman / CEO) in SEC filings |
| Jun 14, 2022 | Avigal Soreq listed as President (previously Executive Vice President) in SEC filings |
| Jun 14, 2022 | Avigal Soreq first listed as a director in an SEC filing |
| Mar 27, 2022 | Todd O'Malley became EVP Chief Operating Officer |
| Jan 23, 2022 | Robert G. Wright became SVP & Chief Accounting Officer |
| Jan 5, 2022 | The company announced the departure of Nilah Staskus as EVP, Chief Accounting Officer in an SEC filing |
| Jun 14, 2021 | Frederec Green no longer listed as Executive Vice President in SEC filings |
| Feb 22, 2021 | Nilah Staskus became EVP, Chief Accounting Officer |
| Feb 3, 2021 | Denise Clark McWatters became EVP, Gen Counsel & Corp Sec |
| Jan 26, 2021 | Sherri Anne Brillon became a director |
| Aug 17, 2020 | Delek US Holdings, Inc. first listed as a director in an SEC filing |
| Aug 17, 2020 | Delek US Energy, Inc. first listed as a director in an SEC filing |
| Aug 17, 2020 | Delek Logistics Services Co first on file as a director |
| Aug 17, 2020 | Delek Logistics Services Co first on file as a 10% owner |
| Jul 26, 2020 | Gennifer F. Kelly became a director |
| Jun 12, 2020 | Reuven Spiegel first listed as Evp/cfo in an SEC filing |
| Apr 6, 2020 | Abigail K Yates became General Counsel, EVP Secretary |
| Mar 12, 2020 | Delek US Holdings, Inc. first on file as a 10% owner |
| Feb 24, 2020 | Odely Sakazi became Senior Vice President |
| May 21, 2018 | Regina Jones became EVP, GC & Secretary |
| Oct 24, 2017 | Melissa M Buhrig became EVP, GC & Secretary |
| Jul 18, 2017 | Ron W Haddock became a director |
| Jul 1, 2017 | Alan P Moret became Executive Vice President |
| Jun 13, 2017 | Mark B Cox no longer listed as EVP/Chief Admin. Officer in SEC filings |
| Jun 13, 2017 | Assi Ginzburg listed as EVP (previously EVP / Chief Financial Officer) in SEC filings |
| May 16, 2017 | Jared P Serff became Executive Vice President |
| Apr 1, 2017 | Kevin L Kremke became Executive Vice President |
| Oct 25, 2016 | Mark B Cox first listed as EVP/Chief Admin. Officer in an SEC filing |
Not reported recently (16)
- Denise Clark McWatters · Last reported as EVP, Gen Counsel & Corp Sec in an SEC filing dated Jun 12, 2026
- Todd O'Malley · Last reported as EVP Chief Operating Officer in an SEC filing dated Mar 14, 2023
- Francis C. D'Andrea · Last reported as a director in an SEC filing dated Sep 15, 2021
- Abigail K Yates · Last reported as General Counsel, EVP Secretary in an SEC filing dated Apr 15, 2020
- LION OIL CO · Last reported as a 10% owner in an SEC filing dated Mar 12, 2020
- Delek Marketing & Supply, LLC · Last reported as a 10% owner in an SEC filing dated Mar 12, 2020
- Regina Jones · Last reported as EVP, GC & Secretary in an SEC filing dated May 31, 2018
- Mark B Cox · Last reported as a director in an SEC filing dated Feb 14, 2018
- Daniel L Gordon · Last reported as Executive Vice President in an SEC filing dated Dec 14, 2017
- Assi Ginzburg · Last reported as a director in an SEC filing dated Dec 13, 2017
- Melissa M Buhrig · Last reported as EVP, GC & Secretary in an SEC filing dated Nov 15, 2017
- Alan P Moret · Last reported as Executive Vice President in an SEC filing dated Jul 10, 2017
- Donald Norman Holmes · Last reported as Executive Vice President in an SEC filing dated Jun 13, 2017
- Delek Logistics GP, LLC · Last reported as a 10% owner in an SEC filing dated Jun 2, 2017
- Jared P Serff · Last reported as Executive Vice President in an SEC filing dated May 18, 2017
- Kevin L Kremke · Last reported as Executive Vice President in an SEC filing dated Apr 7, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
DKL Proposed Insider Sales (Form 144)
Latest: 2026-03-04
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-03-04 | Spiegel Reuven | Officer, Director | 250 | $13.3K | 2026-03-04 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-02-04 | Spiegel Reuven | Officer, Director | 250 | $13.1K | 2026-02-04 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-01-05 | Spiegel Reuven | Officer, Director | 250 | $11.7K | 2026-01-05 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-12-04 | Spiegel Reuven | Officer, Director | 250 | $11.5K | 2025-12-04 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-11-05 | Spiegel Reuven | Officer, Director | 250 | $11.2K | 2025-11-05 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-10-06 | Spiegel Reuven | Officer, Director | 250 | $11.2K | 2025-10-06 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-09-12 | Spiegel Reuven | Officer | 250 | $11.2K | 2025-09-12 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-08-04 | Spiegel Reuven | Officer, Director | 250 | $11.2K | 2025-08-04 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-07-29 | Spiegel Reuven | Officer, Director | 500 | $22.5K | 2025-07-29 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2023-12-08 | Spiegel Reuven | Officer | 350 | $17.4K | 2023-12-08 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
16 ETFs hold DKL
16 shown · $360.82M total exposure · 0.94% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | AMLP Alerian MLP ETF | Nport | 1.87% | $227.3M | — | 2026-05-31 |
| 2 | MLPA Global X MLP ETF | Global X | 3.14% | $74.2M | — | 2026-10-21 |
| 3 | DIV Global X SuperDividend U.S. ETF | Global X | 2.13% | $16.2M | — | 2026-10-21 |
| 4 | MLPX Global X MLP and Energy Infrastructure ETF | Global X | 0.37% | $13.6M | — | 2026-10-21 |
| 5 | MLPI NEOS MLP & Energy Infrastructure High Income ETF | Nport | 1.31% | $8.9M | — | 2026-06-30 |
| 6 | AMZA InfraCap MLP ETF | Nport | 1.79% | $8.4M | — | 2026-07-31 |
| 7 | MDIV Multi-Asset Diversified Income Index Fund | First Trust | 0.93% | $3.8M | $413.6M | 2026-10-20 |
| 8 | HIPS GraniteShares HIPS U.S. High Income ETF | Nport | 2.89% | $3.2M | — | 2026-06-30 |
| 9 | BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF | Invesco | 0.31% | $1.8M | — | 2026-10-20 |
| 10 | ENFR Alerian Energy Infrastructure ETF | Nport | 0.33% | $1.5M | — | 2026-05-31 |
| 11 | TPYP Tortoise North American Pipeline ETF | Nport | 0.11% | $922,567 | — | 2026-05-31 |
| 12 | NDIV Amplify Energy & Natural Resources Covered Call ETF | Amplify | 1.11% | $374,986 | $33.6M | 2026-10-20 |
| 13 | GYLD Arrow Dow Jones Global Yield ETF | Nport | 0.75% | $278,873 | — | 2026-07-31 |
| 14 | BSJX Invesco BulletShares 2033 High Yield Corporate Bond ETF | Invesco | 0.61% | $129,961 | — | 2026-10-20 |
| 15 | PFM Invesco Dividend Achievers ETF | Invesco | 0.01% | $86,227 | — | 2026-10-20 |
| 16 | BSJY Invesco BulletShares 2034 High Yield Corporate Bond ETF | Invesco | 0.95% | $43,955 | — | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
19.71
TTM Diluted EPS
$2.88
TTM Revenue
$1.20B
TTM Net Income
$154.07M
TTM Op. Cash Flow
$339.72M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $384.76M | $28.87M | $0.54 | $71.20M |
| Q1 '26 | 2026-03-31 | $297.47M | $32.35M | $0.60 | $170.38M |
| Q4 '25 | 2025-12-31 | $255.77M | $47.29M | $0.89 | $43.20M |
| Q3 '25 | 2025-09-30 | $261.28M | $45.56M | $0.85 | $54.94M |
| Q2 '25 | 2025-06-30 | $246.35M | $44.57M | $0.83 | $107.42M |
| Q1 '25 | 2025-03-31 | $249.93M | $39.03M | $0.73 | $31.55M |
| Q4 '24 | 2024-12-31 | $209.86M | $34.54M | $0.67 | $49.90M |
| Q3 '24 | 2024-09-30 | $214.07M | $33.67M | $0.71 | $24.94M |
| Q2 '24 | 2024-06-30 | $264.63M | $41.06M | $0.87 | $87.64M |
| Q1 '24 | 2024-03-31 | $252.07M | $32.65M | $0.73 | $43.86M |
| Q4 '23 | 2023-12-31 | $254.15M | $22.15M | $0.50 | $114.69M |
| Q3 '23 | 2023-09-30 | $275.82M | $34.83M | $0.80 | $46.83M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-05
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
19.71
P/B
—
P/S
2.53
EV/EBITDA
16.30
EV/Sales
4.52
ROE
—
ROA
5.4%
Div Yield
7.26%
FCF Yield
11.19%
Debt/Equity
—
Current Ratio
—
Market Cap
$3.04B
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
405.42K
SI % of Float
0.70%
Days to Cover
1.43
Short Vol Ratio
64.1%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21