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Global Business Travel Group, Inc.

GBTGDelisted Sep 29, 2026
Exchange
OTC
Industry
Transportation Services
SEC CIK
0001820872

Global Business Travel Group, Inc. was delisted on Sep 29, 2026; its insiders filed their last Form 4 on Oct 1, 2026; 190 institutions reported holding it in 13F filings for Q2 2026, worth $3.09B in total; Soros Fund Management was the only superinvestor holding it.

Four kinds of short-selling data, each measuring something different:

  • Short interest: shares sold short and not yet bought back, as of a settlement date. FINRA publishes it twice a month, about eight business days after the settlement date.
  • Daily short volume: shares sold short each day in off-exchange trades reported to FINRA. It counts trades, not open positions, and is published the next day.
  • Fails-to-deliver: shares not delivered by the settlement date. The SEC publishes them twice a month, about two weeks late.
  • ATS (dark pool) volume: weekly volume on alternative trading systems and other off-exchange venues. FINRA publishes it two to four weeks after the week.

More in the glossary.

Short interest

Shares sold short and not yet bought back, from FINRA, on every settlement date in the last two years.

Short interest
5.41M
Shares, settlement Sep 15, 2026
Change
+349.8K
+6.9% vs. Aug 31, 2026
Days to cover
2.25
Short interest ÷ average daily volume
Average daily volume
2.40M
Shares, as reported by FINRA
Short interest by settlement date
Sep 30, 2024: 7,674,042 sharesOct 15, 2024: 7,676,251 sharesOct 31, 2024: 7,191,293 sharesNov 15, 2024: 6,326,245 sharesNov 29, 2024: 6,906,747 sharesDec 13, 2024: 5,813,107 sharesDec 31, 2024: 4,170,016 sharesJan 15, 2025: 4,047,907 sharesJan 31, 2025: 4,087,910 sharesFeb 14, 2025: 4,442,352 sharesFeb 28, 2025: 4,776,621 sharesMar 14, 2025: 4,712,651 sharesMar 31, 2025: 5,221,804 sharesApr 15, 2025: 5,409,647 sharesApr 30, 2025: 5,768,428 sharesMay 15, 2025: 5,187,140 sharesMay 30, 2025: 5,252,731 sharesJun 13, 2025: 4,292,522 sharesJun 30, 2025: 3,983,915 sharesJul 15, 2025: 4,489,861 sharesJul 31, 2025: 4,805,139 sharesAug 15, 2025: 5,373,440 sharesAug 29, 2025: 5,458,267 sharesSep 15, 2025: 5,810,232 sharesSep 30, 2025: 5,463,441 sharesOct 15, 2025: 5,907,740 sharesOct 31, 2025: 6,872,884 sharesNov 14, 2025: 7,569,637 sharesNov 28, 2025: 8,420,856 sharesDec 15, 2025: 8,194,852 sharesDec 31, 2025: 10,306,221 sharesJan 15, 2026: 9,857,851 sharesJan 30, 2026: 10,341,332 sharesFeb 13, 2026: 13,089,095 sharesFeb 27, 2026: 13,224,628 sharesMar 13, 2026: 10,428,950 sharesMar 31, 2026: 9,758,379 sharesApr 15, 2026: 9,491,043 sharesApr 30, 2026: 9,501,323 sharesMay 15, 2026: 4,171,328 sharesMay 29, 2026: 4,672,510 sharesJun 15, 2026: 5,194,995 sharesJun 30, 2026: 4,064,295 sharesJul 15, 2026: 5,710,046 sharesJul 31, 2026: 5,993,076 sharesAug 14, 2026: 5,702,692 sharesAug 31, 2026: 5,056,455 sharesSep 15, 2026: 5,406,290 shares
Short interest in GBTG by settlement date
Settlement dateShort interestChangeChange %Avg. daily volumeDays to cover
Sep 15, 20265.41M+349.8K+6.9%2.40M2.25
Aug 31, 20265.06M−646.2K−11.3%1.07M4.73
Aug 14, 20265.70M−290.4K−4.9%1.41M4.04
Jul 31, 20265.99M+283.0K+5.0%1.34M4.48
Jul 15, 20265.71M+1.65M+40.5%1.63M3.51
Jun 30, 20264.06M−1.13M−21.8%3.69M1.10
Jun 15, 20265.19M+522.5K+11.2%4.11M1.26
May 29, 20264.67M+501.2K+12.0%2.56M1.82
May 15, 20264.17M−5.33M−56.1%11.5M1.00
Apr 30, 20269.50M+10.3K+0.1%1.06M8.93
Apr 15, 20269.49M−267.3K−2.7%1.40M6.79
Mar 31, 20269.76M−670.6K−6.4%1.53M6.38
Mar 13, 202610.4M−2.80M−21.1%2.02M5.17
Feb 27, 202613.2M+135.5K+1.0%1.75M7.57
Feb 13, 202613.1M+2.75M+26.6%1.90M6.90
Jan 30, 202610.3M+483.5K+4.9%1.26M8.20
Jan 15, 20269.86M−448.4K−4.4%1.24M7.97
Dec 31, 202510.3M+2.11M+25.8%1.88M5.47
Dec 15, 20258.19M−226.0K−2.7%1.96M4.18
Nov 28, 20258.42M+851.2K+11.3%1.51M5.58
Nov 14, 20257.57M+696.8K+10.1%1.57M4.81
Oct 31, 20256.87M+965.1K+16.3%1.04M6.59
Oct 15, 20255.91M+444.3K+8.1%933.1K6.33
Sep 30, 20255.46M−346.8K−6.0%927.2K5.89
Sep 15, 20255.81M+352.0K+6.5%1.06M5.48
Aug 29, 20255.46M+84.8K+1.6%785.2K6.95
Aug 15, 20255.37M+568.3K+11.8%1.14M4.71
Jul 31, 20254.81M+315.3K+7.0%866.3K5.55
Jul 15, 20254.49M+505.9K+12.7%1.01M4.43
Jun 30, 20253.98M−308.6K−7.2%1.85M2.16
Jun 13, 20254.29M−960.2K−18.3%976.9K4.39
May 30, 20255.25M+65.6K+1.3%1.13M4.67
May 15, 20255.19M−581.3K−10.1%987.0K5.26
Apr 30, 20255.77M+358.8K+6.6%751.2K7.68
Apr 15, 20255.41M+187.8K+3.6%1.08M5.03
Mar 31, 20255.22M+509.2K+10.8%719.0K7.26
Mar 14, 20254.71M−64.0K−1.3%1.13M4.18
Feb 28, 20254.78M+334.3K+7.5%603.2K7.92
Feb 14, 20254.44M+354.4K+8.7%434.9K10.22
Jan 31, 20254.09M+40.0K+1.0%517.0K7.91
Jan 15, 20254.05M−122.1K−2.9%571.5K7.08
Dec 31, 20244.17M−1.64M−28.3%1.13M3.69
Dec 13, 20245.81M−1.09M−15.8%729.9K7.96
Nov 29, 20246.91M+580.5K+9.2%811.3K8.51
Nov 15, 20246.33M−865.0K−12.0%1.02M6.23
Oct 31, 20247.19M−485.0K−6.3%604.3K11.90
Oct 15, 20247.68M+2.21K0.0%571.9K13.42
Sep 30, 20247.67M+4.52M+143.0%2.49M3.08

Fails-to-deliver

Shares that weren't delivered by the settlement date, from the SEC, for the last 30 dates with fails. The price is the previous day's closing price published by the SEC.

Fails-to-deliver in GBTG by settlement date
Settlement dateSharesPriceValue
Sep 17, 20263,071$9.47$29.1K
Sep 14, 20262,218$9.46$21.0K
Sep 10, 2026836,214$9.48$7.93M
Sep 9, 2026832,265$9.48$7.89M
Sep 8, 2026831,048$9.48$7.88M
Sep 4, 20265,052,534$9.49$47.9M
Sep 3, 20265,053,270$9.48$47.9M
Aug 14, 202654,480$9.46$515.4K
Aug 13, 202654,480$9.44$514.3K
Aug 10, 20265$9.46$47.3
Aug 7, 202635,795$9.43$337.5K
Jun 30, 20269,205$9.39$86.4K
Jun 26, 20262$9.39$18.78
Jun 17, 202681,844$9.36$766.1K
Jun 16, 2026191,937$9.36$1.80M
Jun 15, 202628$9.36$262.08
Jun 12, 2026100$9.36$936
Jun 11, 202629,490$9.34$275.4K
Jun 5, 2026451,118$9.35$4.22M
Jun 4, 2026215,906$9.37$2.02M
Jun 3, 20263,109,258$9.37$29.1M
Jun 2, 20262,999,351$9.34$28.0M
May 29, 202697,498$9.51$927.2K
May 19, 20262$9.44$18.88
May 18, 20261,213$9.34$11.3K
May 14, 20269$9.39$84.51
May 12, 2026646$9.39$6.07K
May 11, 2026631$9.45$5.96K
May 8, 20265,683,304$9.44$53.7M
May 7, 20266,459,357$9.43$60.9M

Daily short volume

Off-exchange short-sale volume, not short interest: shares sold short each day in trades reported to FINRA, for the last 30 trading days.

The short volume ratio isn't a sentiment gauge: market makers sell short to fill buy orders and to hedge, so short sales are usually about half of off-exchange volume.

Off-exchange short volume in GBTG by trade date
Trade dateShort volumeShort exemptOff-exchange volumeShort volume ratio
Sep 28, 2026776,4910965,14080.5%
Sep 25, 2026198,0490506,63039.1%
Sep 24, 2026162,7111,0904,151,0213.9%
Sep 23, 20261,078,0005,3401,579,36868.3%
Sep 22, 20261,176,1781201,513,15077.7%
Sep 21, 2026103,56924218,01447.5%
Sep 18, 2026112,0713202,05155.5%
Sep 17, 20263,474,2851,6256,899,98250.4%
Sep 16, 2026248,8166462,02053.9%
Sep 15, 2026161,961956388,48741.7%
Sep 14, 2026113,1370174,03465.0%
Sep 11, 2026153,541264261,07358.8%
Sep 10, 2026252,9520344,22773.5%
Sep 9, 2026160,0610231,87569.0%
Sep 8, 2026369,16313421,12187.7%
Sep 4, 2026260,51696334,76477.8%
Sep 3, 2026354,16255560,09363.2%
Sep 2, 2026695,370012,056,8265.8%
Sep 1, 2026644,3350691,14793.2%
Aug 31, 2026172,686341753,73922.9%
Aug 28, 202698,8630367,46326.9%
Aug 27, 202683,4710737,11611.3%
Aug 26, 202689,0510157,92756.4%
Aug 25, 202673,107116158,42346.1%
Aug 24, 2026159,9150224,97371.1%
Aug 21, 2026159,96052,6921,821,0148.8%
Aug 20, 202688,69101,063,7388.3%
Aug 19, 202689,8270166,17254.1%
Aug 18, 202662,8510140,87944.6%
Aug 17, 202671,3980207,04134.5%

ATS (dark pool) volume

Weekly volume on alternative trading systems (ATS) and other off-exchange (OTC) venues, from FINRA, for the last 12 weeks. ATS share is ATS volume ÷ (ATS + OTC volume), not a share of all trading.

Weekly ATS and OTC volume in GBTG
Week ofTierATS sharesATS tradesOther OTC sharesOther OTC tradesATS share
Sep 28, 2026T2614,2692,9701,021,6521,30637.5%
Sep 21, 2026T21,831,95515,3236,187,7023,81822.8%
Sep 14, 2026T2854,42115,8577,457,4583,91910.3%
Sep 7, 2026T2870,94612,646428,0742,69267.0%
Aug 31, 2026T22,009,59013,21812,701,2043,81513.7%
Aug 24, 2026T2761,3158,145914,8742,59845.4%
Aug 17, 2026T2802,60411,9692,895,5373,77421.7%
Aug 10, 2026T2900,69714,880677,5819,26157.1%
Aug 3, 2026T22,525,00122,245889,1525,48574.0%
Jul 27, 2026T22,130,95416,8841,068,7523,60966.6%
Jul 20, 2026T21,532,42017,539852,2597,06164.3%
Jul 13, 2026T21,689,68614,8171,479,4938,04053.3%