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 closed out or covered. As of January 31st, investors have sold 2,420,000 shares of AXON 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 3.0. 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: GTS Securities LLC, CSS LLC IL, Wolverine Trading LLC, Squarepoint Ops LLC, Two Sigma Investments LP, Summit Partners Public Asset Management LLC, Point72 Asset Management L.P., Millennium Management LLC, LMR Partners LLP, Laurion Capital Management LP, Group One Trading LLC, Focus Partners Wealth, D. E. Shaw & Co. Inc., Cubist Systematic Strategies LLC, Citadel Advisors LLC, BNP Paribas Financial Markets, Jane Street Group LLC, Tudor Investment Corp ET AL, Two Sigma Securities LLC, Credit Industriel ET Commercial, Susquehanna International Group LLP, Concourse Financial Group Securities Inc., Marshall Wace LLP, PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, JPMorgan Chase & Co., Simplex Trading LLC, Twin Tree Management LP, Garda Capital Partners LP, Allianz Asset Management GmbH, Wolverine Asset Management LLC, IMC Chicago LLC, Caas Capital Management LP, SG Americas Securities LLC, and Portman Square Capital LLP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Axon Enterprise saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 2,420,000 shares, a decline of 6.9% from the previous total of 2,600,000 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.

Here is how the short interest of companies compare to Axon Enterprise: ServiceNow, Inc. (1.57%), Fortinet, Inc. (1.98%), Commvault Systems, Inc. (2.85%), Qualys, Inc. (8.42%), C3.ai, Inc. (16.73%), Progress Software Co. (13.24%), Microsoft Co. (0.85%), Oracle Co. (1.66%), National Presto Industries, Inc. (2.23%), Sturm, Ruger & Company, Inc. (3.91%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 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 down $8.42 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 January, 31 2025.