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Summit Therapeutics (SMMT) Short Interest Ratio & Short Volume

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$22.10 +3.07 (+16.13%)
As of 04:00 PM Eastern

Summit Therapeutics Short Interest Data

Summit Therapeutics (SMMT) has a short interest of 19.94 million shares. This marks a 13.75% increase in short interest from the previous month. The short interest ratio (days to cover) is 9.1, indicating that it would take 9.1 days of the average trading volume of 2.59 million shares to cover all short positions.

Current Short Interest
19,940,000 shares
Previous Short Interest
17,530,000 shares
Change Vs. Previous Month
+13.75%
Dollar Volume Sold Short
$355.73 million
Short Interest Ratio
9.1 Days to Cover
Last Record Date
December 31, 2024
Outstanding Shares
737,450,000 shares
Percentage of Shares Shorted
2.70%
Today's Trading Volume
4,395,059 shares
Average Trading Volume
2,588,417 shares
Today's Volume Vs. Average
170%
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SMMT Short Interest Over Time

SMMT Days to Cover Over Time

SMMT Percentage of Float Shorted Over Time

Summit Therapeutics Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/31/202419,940,000 shares $355.73 million +13.8%N/A9.1 $17.84
12/15/202417,530,000 shares $312.56 million +4.1%N/A6.7 $17.83
11/30/202416,840,000 shares $310.87 million +5.3%N/A3.8 $18.46
11/15/202415,990,000 shares $292.78 million -6.2%N/A3.1 $18.31
10/31/202417,040,000 shares $316.77 million +10.3%N/A3.4 $18.59
10/15/202415,450,000 shares $337.43 million -5.5%N/A3.1 $21.84
9/30/202416,340,000 shares $357.85 million -21.2%N/A3.3 $21.90
9/15/202420,730,000 shares $661.91 million +13.7%N/A4.5 $31.93
8/31/202418,230,000 shares $236.63 million +5.6%N/A5.5 $12.98
8/15/202417,260,000 shares $204.88 million -3.0%20.1%4.3 $11.87
7/31/202417,790,000 shares $192.13 million -4.5%20.7%4.4 $10.80
7/15/202418,630,000 shares $176.43 million -8.3%22.4%4.5 $9.47
6/30/202420,310,000 shares $158.42 million -13.3%24.4%5.1 $7.80
6/15/202423,430,000 shares $196.58 million +10.2%28.2%5.8 $8.39
5/31/202421,260,000 shares $184.64 million -5.8%25.6%5.2 $8.69
5/15/202422,570,000 shares $101.34 million -3.6%27.2%10.1 $4.49
4/30/202423,400,000 shares $91.96 million +2.2%28.2%10.3 $3.93
4/15/202422,900,000 shares $83.70 million +5.0%27.6%10.1 $3.66
3/31/202421,810,000 shares $90.29 million +28.6%26.3%9.3 $4.14
3/15/202416,960,000 shares $78.36 million +6.3%20.4%7.6 $4.62
2/29/202415,950,000 shares $72.41 million +25.1%19.2%8.2 $4.54
2/15/202412,750,000 shares $59.54 million +12.8%15.5%6.9 $4.67
1/31/202411,300,000 shares $44.30 million +4.4%N/A7.1 $3.92
1/15/202410,820,000 shares $33.54 million +10.5%N/A8.3 $3.10
12/31/20239,790,000 shares $25.55 million +3.7%N/A8.2 $2.61
12/15/20239,440,000 shares $24.17 million -6.0%N/A8.9 $2.56
11/30/202310,040,000 shares $20.38 million +0.4%N/A10.4 $2.03
11/15/202310,000,000 shares $19.80 million +5.5%N/A10.9 $1.98
10/31/20239,480,000 shares $18.39 million -11.4%N/A9.3 $1.94
10/15/202310,700,000 shares $17.98 million -0.1%N/A10.3 $1.68
9/30/202310,710,000 shares $20.03 million +1.1%N/A10.6 $1.87
9/15/202310,590,000 shares $19.80 million +0.6%N/A9.5 $1.87
8/31/202310,530,000 shares $17.06 million -9.1%N/A6.2 $1.62
8/15/202311,580,000 shares $22.23 million +7.0%N/A6.4 $1.92
7/31/202310,820,000 shares $22.72 million +7.8%N/A5.7 $2.10
7/15/202310,040,000 shares $21.49 million -2.1%N/A5 $2.14
6/30/202310,250,000 shares $25.73 million +82.1%N/A5.1 $2.51
6/15/20235,630,000 shares $11.26 million +23.2%N/A2.7 $2.00
5/31/20234,570,000 shares $7.45 million -12.3%N/A2.5 $1.63
5/15/20235,210,000 shares $9.53 million +2.8%N/A2.5 $1.83
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4/30/20235,070,000 shares $6.69 million +8.8%15.2%2.4 $1.32
4/15/20234,660,000 shares $7.32 million +18.6%N/A2 $1.57
3/31/20233,930,000 shares $6.88 million -16.2%N/A1.5 $1.75
3/15/20234,690,000 shares $7.69 million -22.1%N/A1.3 $1.64
2/28/20236,020,000 shares $10.84 million +11.7%21.7%0.6 $1.80
2/15/20235,390,000 shares $12.45 million +25.6%19.4%0.6 $2.31
1/31/20234,290,000 shares $15.23 million +9.7%15.4%0.4 $3.55
1/15/20233,910,000 shares $18.77 million -1.3%14.1%0.4 $4.80
12/30/20223,960,000 shares $16.83 million -21.4%14.3%0.5 $4.25
12/15/20225,040,000 shares $18.04 million +2,045.6%18.1%0.6 $3.58
11/30/2022234,900 shares $187,920.00 -10.0%0.8%0 $0.80
11/15/2022260,900 shares $284,381.00 -6.0%0.9%0.5 $1.09
10/31/2022277,600 shares $302,584.00 -25.9%2.0%0.1 $1.09
10/15/2022374,700 shares $434,652.00 +26.8%2.7%0.2 $1.16
9/30/2022295,400 shares $351,526.00 +45.7%2.2%0.1 $1.19
9/15/2022202,700 shares $281,753.00 -42.4%1.5%0.1 $1.39
8/31/2022351,600 shares $421,920.00 -58.4%2.6%0.2 $1.20
8/15/2022845,800 shares $896,548.00 -3.1%6.2%0.5 $1.06
7/31/2022872,400 shares $881,124.00 -0.8%3.4%5.1 $1.01
7/15/2022879,200 shares $967,120.00 +15.6%3.4%5.1 $1.10
6/30/2022760,800 shares $760,800.00 -31.5%3.0%4.3 $1.00
6/15/20221,110,000 shares $1.10 million +0.9%4.3%6.3 $0.99
5/31/20221,100,000 shares $1.46 million -28.1%4.3%10 $1.33
5/15/20221,530,000 shares $1.73 million +12.5%6.0%14 $1.13
4/30/20221,360,000 shares $2.16 million +19.3%5.3%11.8 $1.59
4/15/20221,140,000 shares $2.47 million +3.6%4.4%9.3 $2.17
3/31/20221,100,000 shares $2.70 million -8.3%4.3%8.7 $2.45
3/15/20221,200,000 shares $3.32 million No Change4.7%6.2 $2.77
2/28/20221,200,000 shares $3.29 million +13.2%4.8%5.9 $2.74
2/15/20221,060,000 shares $2.14 million +50.2%4.2%5.2 $2.02
1/31/2022705,800 shares $1.55 million +98.0%2.8%3.6 $2.20
1/15/2022356,500 shares $852,035.00 -31.3%1.4%1.9 $2.39
12/31/2021518,700 shares $1.40 million +0.8%2.1%3 $2.69
12/15/2021514,600 shares $2.44 million +26.3%2.0%3 $4.75
11/30/2021407,300 shares $2.07 million +5.0%1.6%2.8 $5.08
11/15/2021387,900 shares $2.02 million -7.7%1.6%2.5 $5.20
10/29/2021420,300 shares $2.17 million -22.3%1.7%2.7 $5.16
10/15/2021540,600 shares $2.78 million -14.3%2.2%3.4 $5.15
9/30/2021630,800 shares $3.16 million +17.8%2.5%3.7 $5.01
9/15/2021535,600 shares $3.45 million +11.4%2.1%2.5 $6.44
8/31/2021480,700 shares $3.83 million -30.2%1.9%2.3 $7.97
8/13/2021688,600 shares $5.45 million -18.6%2.8%3.1 $7.92
7/30/2021845,900 shares $6.20 million +14.9%4.0%3 $7.33
7/15/2021736,000 shares $5.17 million -9.2%3.5%2.6 $7.03
6/30/2021810,500 shares $6.05 million +104.5%3.8%3 $7.46
6/15/2021396,300 shares $2.60 million -20.3%1.9%1.7 $6.56
5/28/2021496,900 shares $3.89 million +1.3%4.7%2.4 $7.82
5/14/2021490,400 shares $2.66 million +13.8%4.7%2.5 $5.43
4/30/2021431,100 shares $2.69 million -35.9%2.0%2.4 $6.25
4/15/2021672,300 shares $3.74 million +49.3%3.0%3.3 $5.56
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3/31/2021450,400 shares $2.52 million +17.3%2.1%2.1 $5.60
3/15/2021384,100 shares $2.49 million +4.6%1.8%1.6 $6.47
2/26/2021367,200 shares $2.56 million +26.6%1.7%1.4 $6.97
2/12/2021290,000 shares $2.14 million -26.1%1.3%1.2 $7.37
1/29/2021392,500 shares $2.70 million -2.6%1.8%1.5 $6.87
1/15/2021402,800 shares $2.13 million +0.7%1.9%1.8 $5.29
12/31/2020400,200 shares $2.01 million +14,722.2%1.9%2.1 $5.02
12/15/20202,700 shares $14,256.00 -87.0%0.0%0 $5.28
11/30/202020,700 shares $89,838.00 -64.3%0.1%0.2 $4.34
11/15/202058,000 shares $281,300.00 +14.2%0.3%0.6 $4.85
10/30/202050,800 shares $168,656.00 -38.0%0.2%1.1 $3.32
10/15/202081,900 shares $287,469.00 +30.2%0.4%1.5 $3.51
9/30/202062,900 shares $216,376.00 -6.5%N/A1 $3.44
9/15/202067,300 shares $218,725.00 +27.2%N/A1.1 $3.25
8/31/202052,900 shares $182,505.00 -7.2%N/A0.7 $3.45
8/14/202057,000 shares $192,090.00 -71.1%N/A0.7 $3.37
7/31/2020197,000 shares $713,140.00 +93.1%N/A1.9 $3.62
7/15/2020102,000 shares $328,440.00 +74.1%N/A0.9 $3.22
6/30/202058,600 shares $178,144.00 +30.5%N/A0.3 $3.04
6/15/202044,900 shares $156,701.00 -3.9%N/A0.2 $3.49
5/29/202046,700 shares $187,267.00 +156.6%N/A0.2 $4.01
5/15/202018,200 shares $60,424.00 -77.6%N/A0.1 $3.32
4/30/202081,200 shares $304,500.00 +2,220.0%N/A0.4 $3.75
4/15/20203,500 shares $14,140.00 -84.7%N/A0 $4.04
3/31/202022,900 shares $84,272.00 -87.4%N/A0.3 $3.68
3/13/2020181,200 shares $483,804.00 -56.5%N/A2.2 $2.67
2/28/2020416,600 shares $858,196.00 -20.3%N/A7.3 $2.06
2/14/2020522,400 shares $888,080.00 -25.1%N/A11 $1.70
1/31/2020697,400 shares $983,334.00 +2.5%N/A16.8 $1.41

SMMT Short Interest - Frequently Asked Questions

What is Summit Therapeutics' current short interest?

Short interest is the volume of Summit Therapeutics shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 19,940,000 shares of SMMT short. Learn More on Summit Therapeutics' current short interest.

What is a good short interest ratio for Summit Therapeutics?

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. SMMT shares currently have a short interest ratio of 9.0. Learn More on Summit Therapeutics's short interest ratio.

Which institutional investors are shorting Summit Therapeutics?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Summit Therapeutics: Jane Street Group LLC, Wolverine Trading LLC, PEAK6 Investments LLC, LMR Partners LLP, and Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Summit Therapeutics' short interest increasing or decreasing?

Summit Therapeutics saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 19,940,000 shares, an increase of 13.7% from the previous total of 17,530,000 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.

How does Summit Therapeutics' short interest compare to its competitors?

Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Summit Therapeutics: Takeda Pharmaceutical Company Limited (0.15%), argenx SE (3.26%), BioNTech SE (1.06%), Teva Pharmaceutical Industries Limited (2.39%), BeiGene, Ltd. (1.41%), Genmab A/S (0.22%), Viatris Inc. (2.96%), Intra-Cellular Therapies, Inc. (1.87%), Moderna, Inc. (11.03%), Dr. Reddy's Laboratories Limited (1.57%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

What does it mean to sell short Summit Therapeutics stock?

Short selling SMMT is an investing strategy that aims to generate trading profit from Summit Therapeutics as its price is falling. SMMT shares are trading up $3.07 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.

How does a short squeeze work against Summit Therapeutics?

A short squeeze for Summit Therapeutics occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of SMMT, which in turn drives the price of the stock up even further.

How often is Summit Therapeutics' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SMMT, twice per month. The most recent reporting period available is December, 31 2024.




This page (NASDAQ:SMMT) was last updated on 1/21/2025 by MarketBeat.com Staff
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