SoFi Technologies (SOFI) Short Interest Ratio & Short Volume

Short interest is the volume of SoFi Technologies shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 126,370,000 shares of SOFI short. 11.92% of SoFi Technologies' shares are currently sold short. Learn More on SoFi Technologies' 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. SOFI shares currently have a short interest ratio of 3.0. Learn More on SoFi Technologies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of SoFi Technologies: GTS Securities LLC, CSS LLC IL, Wolverine Trading LLC, Squarepoint Ops LLC, Two Sigma Investments LP, Sculptor Capital LP, Royal Bank of Canada, Point72 Asset Management L.P., Nomura Holdings Inc., Millennium Management LLC, Moore Capital Management LP, LMR Partners LLP, Group One Trading LLC, Cubist Systematic Strategies LLC, Caption Management LLC, Citadel Advisors LLC, Balyasny Asset Management L.P., Bank of America Corp DE, BNP Paribas Financial Markets, Jane Street Group LLC, Tudor Investment Corp ET AL, Capital Markets Trading UK LLP, Parallax Volatility Advisers L.P., Two Sigma Securities LLC, MGO One Seven LLC, Susquehanna International Group LLP, Susquehanna Advisors Group Inc., HAP Trading LLC, Concourse Financial Group Securities Inc., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Barclays PLC, Capital Fund Management S.A., Bank of Montreal Can, Wells Fargo & Company MN, Wellington Management Group LLP, JPMorgan Chase & Co., Simplex Trading LLC, Twin Tree Management LP, Wolverine Asset Management LLC, Valeo Financial Advisors LLC, Beach Point Capital Management LP, IMC Chicago LLC, SG Americas Securities LLC, Waller Financial Planning Group Inc., 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. 11.92% of SoFi Technologies' floating shares are currently sold short.

SoFi Technologies saw a decline in short interest during the month of January. As of January 31st, there was short interest totaling 126,370,000 shares, a decline of 4.7% from the previous total of 132,610,000 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.

SoFi Technologies currently has issued a total of 1,085,150,000 shares. Some of SoFi Technologies' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. SoFi Technologies currently has a public float of 1,060,000,000 shares.

11.92% of SoFi Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to SoFi Technologies: ING Groep (0.07%), Canadian Imperial Bank of Commerce (1.51%), Itaú Unibanco Holding S.A. (0.66%), Barclays PLC (0.25%), Nu Holdings Ltd. (3.62%), Lloyds Banking Group plc (0.07%), NatWest Group plc (0.03%), Deutsche Bank Aktiengesellschaft (0.34%), iShares Bitcoin Trust (2.18%), Rocket Companies, Inc. (14.49%),

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 SOFI is an investing strategy that aims to generate trading profit from SoFi Technologies as its price is falling. SOFI shares are trading down $0.57 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 SoFi Technologies 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 SOFI, 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 SOFI, twice per month. The most recent reporting period available is January, 31 2025.