SPS Commerce (SPSC) Short Interest Ratio & Short Volume $135.00 -0.31 (-0.23%) As of 04:00 PM Eastern Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock SPS Commerce Short Interest DataSPS Commerce (SPSC) has a short interest of 1.29 million shares, representing 3.47% of the float (the number of shares available for trading by the public). This marks a 8.40% increase in short interest from the previous month. The short interest ratio (days to cover) is 4.8, indicating that it would take 4.8 days of the average trading volume of 211,475 shares to cover all short positions.Current Short Interest1,290,000 sharesPrevious Short Interest1,190,000 sharesChange Vs. Previous Month+8.40%Dollar Volume Sold Short$171.83 millionShort Interest Ratio4.8 Days to CoverLast Record DateFebruary 28, 2025Outstanding Shares37,774,000 sharesShort Percent of Float3.47%Today's Trading Volume409,916 sharesAverage Trading Volume211,475 sharesToday's Volume Vs. Average194% Short Selling SPS Commerce? Sign up to receive the latest short interest report for SPS Commerce and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartSPSC Short Interest Over TimeSPSC Days to Cover Over TimeSPSC Percentage of Float Shorted Over Time Remove Ads SPS Commerce Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 2/28/20251,290,000 shares $171.83 million +8.4%3.5%4.8 $133.20 2/15/20251,190,000 shares $173.99 million +0.9%3.7%4.7 $146.21 1/31/20251,180,000 shares $217.92 million +10.3%N/A5.5 $184.68 1/15/20251,070,000 shares $200.54 million -4.5%N/A5.1 $187.42 12/31/20241,120,000 shares $206.07 million +9.8%N/A5.5 $183.99 12/15/20241,020,000 shares $196.23 million +6.7%N/A4.9 $192.38 11/30/2024956,000 shares $184.57 million +18.5%N/A4.6 $193.07 11/15/2024806,500 shares $142.42 million +12.0%N/A3.9 $176.59 10/31/2024720,000 shares $118.80 million +4.4%N/A3.8 $165.00 10/15/2024689,400 shares $135.00 million +13.6%N/A4 $195.82 Get the Latest News and Ratings for SPSC and Related StocksEnter your email address below to receive the latest news and analysts' ratings for SPS Commerce and its competitors with MarketBeat's FREE daily newsletter. 9/30/2024607,000 shares $117.86 million -13.5%N/A3.3 $194.17 9/15/2024701,500 shares $135.28 million +1.0%N/A3.8 $192.85 8/31/2024694,900 shares $138.80 million +6.3%N/A3.9 $199.74 8/15/2024653,500 shares $129.36 million +0.1%N/A3.7 $197.95 7/31/2024652,600 shares $140.58 million +31.0%N/A3.6 $215.42 7/15/2024498,000 shares $100.95 million +1.6%N/A2.6 $202.72 6/30/2024490,200 shares $92.24 million +7.3%N/A2.7 $188.16 6/15/2024456,800 shares $84.11 million -8.6%N/A2.5 $184.13 5/31/2024499,600 shares $93.97 million -18.3%N/A2.8 $188.09 5/15/2024611,600 shares $121.51 million +19.9%N/A3.3 $198.67 4/30/2024510,300 shares $88.73 million -16.3%N/A2.5 $173.87 4/15/2024609,600 shares $101.15 million 0.0%N/A3.3 $165.93 3/31/2024609,700 shares $112.73 million -4.0%N/A3.6 $184.90 3/15/2024634,800 shares $114.28 million -11.7%N/A3.9 $180.02 2/29/2024719,000 shares $133.13 million +7.3%N/A4.5 $185.16 2/15/2024670,000 shares $131.77 million -20.2%N/A4.3 $196.67 1/31/2024839,100 shares $154.23 million +2.7%N/A5.5 $183.80 1/15/2024817,300 shares $147.94 million -11.6%N/A5.6 $181.01 12/31/2023924,500 shares $179.21 million +1.1%N/A6.2 $193.84 12/15/2023914,800 shares $168.87 million -5.2%N/A6.1 $184.60 11/30/2023964,800 shares $166.22 million -5.4%N/A6.6 $172.28 11/15/20231,020,000 shares $179.91 million +7.8%N/A7 $176.38 10/31/2023946,000 shares $151.68 million +2.4%N/A6.6 $160.34 10/15/2023923,900 shares $154.40 million -4.6%N/A6.2 $167.12 9/30/2023968,100 shares $165.17 million -1.3%N/A6.1 $170.61 9/15/2023980,500 shares $172.48 million -1.9%N/A5.8 $175.91 8/31/2023999,400 shares $186.02 million +18.3%N/A5.3 $186.13 8/15/2023845,000 shares $148.13 million -1.6%N/A4.3 $175.30 7/31/2023859,000 shares $154.96 million +2.3%N/A4.4 $180.39 7/15/2023839,500 shares $159.22 million -2.8%N/A4.5 $189.66Your Wealth is Under Attack (Ad)Please don't wait—this is your moment to take action. Download your Wealth Protection Guide now, claim your free gift, and see how Trump's victory could spark major gains for gold.Click here now to see how to stop them in their tracks! 6/30/2023863,900 shares $165.92 million -0.4%N/A4.9 $192.06 6/15/2023866,900 shares $157.79 million +11.2%N/A5.2 $182.02 5/31/2023779,800 shares $121.49 million +1.2%N/A5.1 $155.80 5/15/2023770,500 shares $120.07 million +5.9%N/A5.1 $155.84 4/30/2023727,400 shares $107.15 million -1.9%N/A4.8 $147.30 4/15/2023741,100 shares $112.27 million -1.3%N/A4.9 $151.49 3/31/2023751,000 shares $114.38 million -2.8%N/A5 $152.30 3/15/2023772,800 shares $113.35 million +14.4%N/A5.4 $146.67 2/28/2023675,500 shares $101.76 million +9.9%N/A4.8 $150.64 2/15/2023614,700 shares $95.92 million +0.2%N/A4.4 $156.05 1/31/2023613,300 shares $83.46 million -1.8%1.7%4.8 $136.08 1/15/2023624,800 shares $83.04 million +0.8%1.8%4.9 $132.90 12/30/2022620,100 shares $79.64 million +1.6%1.7%4.7 $128.43 12/15/2022610,100 shares $77.57 million +0.0%1.7%4.2 $127.15 11/30/2022609,900 shares $86.76 million -7.6%1.7%4.2 $142.26 11/15/2022660,000 shares $88.94 million -8.5%1.9%4.8 $134.76 10/31/2022721,100 shares $91.23 million -1.6%2.0%5.3 $126.52 10/15/2022732,600 shares $88.01 million +11.1%2.1%5.3 $120.13 9/30/2022659,500 shares $81.93 million -19.0%1.9%4.6 $124.23 9/15/2022813,900 shares $99.89 million -16.7%2.3%5.7 $122.73 8/31/2022976,500 shares $119.25 million -4.3%2.7%7.3 $122.12 8/15/20221,020,000 shares $135.35 million -9.7%2.9%7.1 $132.70 7/31/20221,130,000 shares $135.33 million +8.7%3.2%6.8 $119.76 7/15/20221,040,000 shares $108.70 million +5.2%2.9%6.1 $104.52 6/30/2022988,400 shares $111.74 million -2.1%2.8%5.9 $113.05 6/15/20221,010,000 shares $104.02 million +8.8%2.8%6.3 $102.99 5/31/2022928,700 shares $99.41 million +42.3%2.6%6 $107.04 5/15/2022652,600 shares $68.87 million +28.8%1.8%4.1 $105.53 4/30/2022506,800 shares $60.63 million +11.8%1.4%3.4 $119.63 4/15/2022453,300 shares $56.49 million -4.1%1.3%3 $124.63 3/31/2022472,900 shares $62.04 million -16.3%1.3%2.9 $131.20 3/15/2022564,700 shares $68.42 million +10.2%1.6%3.4 $121.17 2/28/2022512,500 shares $66.55 million -11.4%1.4%2.8 $129.85 2/15/2022578,200 shares $75.63 million +29.7%N/A3.3 $130.80 1/31/2022445,900 shares $55.22 million -28.0%1.3%2.6 $123.85 1/15/2022619,600 shares $73.93 million -1.8%1.7%3.3 $119.32 12/31/2021630,900 shares $89.81 million -18.8%1.8%3.6 $142.35 12/15/2021777,000 shares $111.66 million +24.2%2.2%4 $143.71 11/30/2021625,700 shares $88.22 million -16.1%1.8%2.9 $140.99 11/15/2021745,400 shares $110.04 million +15.0%2.1%3.5 $147.63 10/29/2021648,000 shares $98.97 million -1.2%1.8%2.9 $152.73 10/15/2021655,600 shares $106.82 million -21.1%1.9%3.2 $162.94 9/30/2021830,600 shares $133.98 million -2.5%2.3%4.2 $161.31 9/15/2021851,900 shares $125.00 million +3.8%2.4%4.8 $146.73 8/31/2021820,900 shares $111.26 million +14.4%2.3%5.4 $135.53 8/13/2021717,400 shares $83.63 million +3.2%2.0%5 $116.57 7/30/2021695,300 shares $75.75 million +1.9%2.0%5.5 $108.95 7/15/2021682,100 shares $65.69 million -3.3%1.9%5.4 $96.31 6/30/2021705,200 shares $70.41 million -17.5%2.0%5.4 $99.85 6/15/2021854,500 shares $83.53 million +1.1%2.4%6.2 $97.75Your Wealth is Under Attack (Ad)Please don't wait—this is your moment to take action. Download your Wealth Protection Guide now, claim your free gift, and see how Trump's victory could spark major gains for gold.Click here now to see how to stop them in their tracks! 5/28/2021844,900 shares $79.30 million +2.0%2.4%6 $93.86 5/14/2021828,700 shares $76.97 million +5.6%N/A5.1 $92.88 4/30/2021784,900 shares $79.31 million +3.3%N/A4.3 $101.05 4/15/2021759,500 shares $77.84 million -7.4%N/A4.1 $102.49 3/31/2021820,400 shares $78.94 million -7.3%N/A4.1 $96.22 3/15/2021884,900 shares $94.55 million +17.0%N/A4.2 $106.85 2/26/2021756,300 shares $78.88 million +29.6%N/A3.6 $104.30 2/12/2021583,500 shares $64.37 million -0.1%N/A3.1 $110.32 1/29/2021584,300 shares $60.11 million -5.0%N/A3.2 $102.87 1/15/2021614,700 shares $65.51 million -9.5%N/A3.3 $106.58 12/31/2020679,100 shares $74.02 million +19.4%N/A4 $109.00 12/15/2020568,700 shares $56.00 million +4.5%N/A3.4 $98.47 11/30/2020544,400 shares $56.55 million -6.7%N/A3 $103.88 11/15/2020583,600 shares $54.10 million +3.4%N/A3 $92.70 10/30/2020564,400 shares $48.09 million -15.9%N/A2.9 $85.21 10/15/2020671,300 shares $57.76 million -7.4%N/A3.2 $86.04 9/30/2020724,700 shares $56.43 million +41.8%N/A3.2 $77.87 9/15/2020511,100 shares $39.03 million -24.7%N/A2.2 $76.36 8/31/2020678,300 shares $54.18 million -4.1%N/A2.7 $79.88 8/14/2020707,200 shares $54.69 million -11.8%N/A2.6 $77.33 7/31/2020802,100 shares $60.29 million +0.5%N/A2.7 $75.17 7/15/2020798,200 shares $57.49 million -16.9%N/A2.5 $72.03 6/30/2020959,900 shares $72.11 million +14.7%N/A2.9 $75.12 6/15/2020836,900 shares $56.65 million -12.6%N/A2.3 $67.69 5/29/2020957,500 shares $64.01 million +5.3%N/A2.6 $66.85 5/15/2020909,600 shares $51.44 million -32.6%N/A2.6 $56.55 4/30/20201,350,000 shares $74.93 million +31.1%N/A4.1 $55.50 4/15/20201,030,000 shares $50.19 million +95.0%N/A3.5 $48.73 3/31/2020528,100 shares $26.94 million -17.3%N/A2 $51.02 SPSC Short Interest - Frequently Asked Questions What is SPS Commerce's current short interest? Short interest is the volume of SPS Commerce shares that have been sold short but have not yet been closed out or covered. As of February 28th, investors have sold 1,290,000 shares of SPSC short. 3.47% of SPS Commerce's shares are currently sold short. Learn More on SPS Commerce's current short interest. What is a good short interest ratio for SPS Commerce? 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. SPSC shares currently have a short interest ratio of 5.0. Learn More on SPS Commerce's short interest ratio. Which institutional investors are shorting SPS Commerce? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of SPS Commerce: Citadel Advisors LLC, Susquehanna International Group LLP, Concourse Financial Group Securities Inc., and Twin Tree Management LP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for SPS Commerce? 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. 3.47% of SPS Commerce's floating shares are currently sold short. Is SPS Commerce's short interest increasing or decreasing? SPS Commerce saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,290,000 shares, an increase of 8.4% from the previous total of 1,190,000 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 SPS Commerce's short interest compare to its competitors? 3.47% of SPS Commerce's shares are currently sold short. Here is how the short interest of companies compare to SPS Commerce: Akamai Technologies, Inc. (5.99%), Yelp Inc. (6.40%), Ziff Davis, Inc. (6.59%), Cimpress plc (6.90%), QuinStreet, Inc. (3.02%), Liquidity Services, Inc. (6.40%), Opendoor Technologies Inc. (10.56%), Angi Inc. (18.91%), TechTarget, Inc. (5.93%), Brightcove Inc. (0.45%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($23.74 billion), iShares 20+ Year Treasury Bond ETF ($10.75 billion), MicroStrategy Incorporated ($6.56 billion), Apollo Global Management, Inc. ($5.40 billion), Charter Communications, Inc. ($4.57 billion), AppLovin Co. ($4.45 billion), Capital One Financial Co. ($4.33 billion), Super Micro Computer, Inc. ($4.23 billion), Schlumberger Limited ($3.22 billion), and Royal Caribbean Cruises Ltd. ($3.06 billion). View all of the most shorted stocks. What does it mean to sell short SPS Commerce stock? Short selling SPSC is an investing strategy that aims to generate trading profit from SPS Commerce as its price is falling. SPSC shares are trading up $5.18 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 SPS Commerce? A short squeeze for SPS Commerce 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 SPSC, which in turn drives the price of the stock up even further. How often is SPS Commerce's 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 SPSC, twice per month. The most recent reporting period available is February, 28 2025. More Short Interest Resources from MarketBeat Related Companies AKAM Short Interest YELP Short Interest ZD Short Interest CMPR Short Interest QNST Short Interest LQDT Short Interest OPEN Short Interest ANGI Short Interest TTGT Short Interest BCOV Short Interest Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:SPSC) was last updated on 3/25/2025 by MarketBeat.com Staff From Our PartnersA brutally honest economic warning for 2025 (see proof)New York Times best-selling financial author and world-renowned economist Addison Wiggin (a man who’s worked s...Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. 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