Novavax (NVAX) Short Interest Ratio & Short Volume

Short interest is the volume of Novavax shares that have been sold short but have not yet been closed out or covered. As of February 15th, investors have sold 35,450,000 shares of NVAX short. 22.35% of Novavax's shares are currently sold short. Learn More on Novavax'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. NVAX shares currently have a short interest ratio of 9.0. Learn More on Novavax's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Novavax: Jefferies Financial Group Inc., GTS Securities LLC, CSS LLC IL, Wolverine Trading LLC, Squarepoint Ops LLC, Sculptor Capital LP, Point72 Asset Management L.P., LMR Partners LLP, Jefferies Financial Group Inc., Group One Trading LLC, Graham Capital Management L.P., DeepCurrents Investment Group LLC, Cubist Systematic Strategies LLC, Capstone Investment Advisors LLC, Citadel Advisors LLC, Balyasny Asset Management L.P., Bank of America Corp DE, Allostery Investments LP, Jane Street Group LLC, Susquehanna International Group LLP, Concourse Financial Group Securities Inc., Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., National Bank of Canada FI, Simplex Trading LLC, Wolverine Asset Management LLC, and JPMorgan Chase & Co.. 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. 22.35% of Novavax's floating shares are currently sold short.

Novavax saw a increase in short interest in February. As of February 15th, there was short interest totaling 35,450,000 shares, an increase of 1.5% from the previous total of 34,940,000 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.

22.35% of Novavax's shares are currently sold short. Here is how the short interest of companies in the industry of "biotechnology" compare to Novavax: Amicus Therapeutics, Inc. (5.04%), Ligand Pharmaceuticals Incorporated (4.75%), BioCryst Pharmaceuticals, Inc. (8.46%), Dynavax Technologies Co. (15.71%), MannKind Co. (10.36%), Geron Co. (11.91%), Celldex Therapeutics, Inc. (14.40%), Myriad Genetics, Inc. (6.09%), OPKO Health, Inc. (28.72%), Innoviva, Inc. (14.50%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($25.81 billion), iShares 20+ Year Treasury Bond ETF ($10.38 billion), MicroStrategy Incorporated ($7.74 billion), AppLovin Co. ($6.32 billion), Apollo Global Management, Inc. ($5.97 billion), Super Micro Computer, Inc. ($4.89 billion), Charter Communications, Inc. ($4.52 billion), Capital One Financial Co. ($3.94 billion), Schlumberger Limited ($3.19 billion), and Reddit, Inc. ($3.01 billion). View all of the most shorted stocks.

Short selling NVAX is an investing strategy that aims to generate trading profit from Novavax as its price is falling. NVAX shares are trading up $1.27 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 Novavax 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 NVAX, 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 NVAX, twice per month. The most recent reporting period available is February, 15 2025.