Axon Enterprise (AXON) Short Interest Ratio & Short Volume

Short interest is the volume of Axon Enterprise shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 1,440,000 shares of AXON short. 1.92% of Axon Enterprise's shares are currently sold short. Learn More on Axon Enterprise's current short interest.

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. AXON shares currently have a short interest ratio of 2.0. Learn More on Axon Enterprise's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Axon Enterprise: Hudson Bay Capital Management LP, Wolverine Trading LLC, Hudson Bay Capital Management LP, Group One Trading LLC, BNP Paribas Financial Markets, Bank of America Corp DE, Ameriprise Financial Inc., Jane Street Group LLC, Volterra Technologies LP, Qube Research & Technologies Ltd, Walleye Capital LLC, Walleye Trading LLC, JPMorgan Chase & Co., Artisan Partners Limited Partnership, Credit Industriel ET Commercial, Wolverine Asset Management LLC, Allianz Asset Management GmbH, Twin Tree Management LP, Credit Industriel ET Commercial, Concurrent Investment Advisors LLC, Johnson Investment Counsel Inc., Mather Group LLC., and Quaker Wealth Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.92% of Axon Enterprise's floating shares are currently sold short.

Axon Enterprise saw a decrease in short interest in July. As of July 31st, there was short interest totaling 1,440,000 shares, a decrease of 5.9% from the previous total of 1,530,000 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.

1.92% of Axon Enterprise's shares are currently sold short. Here is how the short interest of companies compare to Axon Enterprise: ServiceNow, Inc. (1.42%), Fortinet, Inc. (2.76%), CommVault Systems, Inc. (3.48%), Qualys, Inc. (8.49%), C3.ai, Inc. (26.48%), Progress Software Corporation (13.46%), Microsoft Corporation (0.72%), Oracle Corporation (1.26%), Transdigm Group Incorporated (2.07%), Heico Corporation (5.67%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($70.87 billion), Invesco QQQ ($30.12 billion), iShares Russell 2000 ETF ($19.85 billion), iShares 20+ Year Treasury Bond ETF ($10.34 billion), Strategy Inc ($8.98 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($7.61 billion), SPDR S&P Biotech ETF ($6.81 billion), Invesco S&P 500 Equal Weight ETF ($6.14 billion), Palo Alto Networks, Inc. ($5.97 billion), and Super Micro Computer, Inc. ($5.28 billion). View all of the most shorted stocks.

Short selling AXON is an investing strategy that aims to generate trading profit from Axon Enterprise as its price is falling. AXON shares are trading up $2.73 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.

A short squeeze for Axon Enterprise 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 AXON, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including AXON, twice per month. The most recent reporting period available is July, 31 2025.