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Shopify (SHOP) Short Interest Ratio & Short Volume

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$103.97 -0.62 (-0.59%)
(As of 11/20/2024 ET)
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Shopify Short Interest Data

Shopify (SHOP) has a short interest of 21.42 million shares, representing 1.77% of the float (the number of shares available for trading by the public). This marks a -0.93% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.7, indicating that it would take 3.7 days of the average trading volume of 10.37 million shares to cover all short positions.

Current Short Interest
21,420,000 shares
Previous Short Interest
21,620,000 shares
Change Vs. Previous Month
-0.93%
Dollar Volume Sold Short
$1.68 billion
Short Interest Ratio
3.7 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
1,290,390,000 shares
Float Size
1,210,000,000 shares
Short Percent of Float
1.77%
Today's Trading Volume
7,627,643 shares
Average Trading Volume
10,367,892 shares
Today's Volume Vs. Average
74%
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Short Interest ChartDays to Cover ChartShort Percent of Float Chart

SHOP Short Interest Over Time

SHOP Days to Cover Over Time

SHOP Percentage of Float Shorted Over Time

Shopify Short Interest History

Export to Excel
Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/202421,420,000 shares $1.68 billion -0.9%1.8%3.7 $78.20
10/15/202421,620,000 shares $1.77 billion +3.3%1.8%2.9 $81.94
9/30/202420,940,000 shares $1.68 billion -2.2%1.7%2.6 $80.15
9/15/202421,420,000 shares $1.55 billion -0.9%1.8%2.5 $72.45
8/31/202421,610,000 shares $1.60 billion +0.6%1.8%2.4 $74.07
8/15/202421,490,000 shares $1.61 billion +13.7%1.8%2.1 $74.86
7/31/202418,900,000 shares $1.16 billion +0.4%1.6%1.6 $61.20
7/15/202418,830,000 shares $1.21 billion -4.6%1.6%1.8 $64.23
6/30/202419,730,000 shares $1.30 billion -13.7%1.6%1.9 $66.05
6/15/202422,870,000 shares $1.55 billion +16.2%1.9%2.2 $67.66
5/31/202419,680,000 shares $1.16 billion -0.9%1.6%2 $59.15
5/15/202419,860,000 shares $1.17 billion +24.3%1.7%2.1 $58.77
4/30/202415,980,000 shares $1.12 billion -2.1%1.3%1.6 $70.19
4/15/202416,330,000 shares $1.12 billion -3.8%1.4%1.8 $68.55
3/31/202416,970,000 shares $1.31 billion -6.4%1.4%1.8 $77.17
3/15/202418,130,000 shares $1.40 billion -4.9%1.5%1.9 $77.15
2/29/202419,060,000 shares $1.46 billion -13.6%1.6%1.9 $76.37
2/15/202422,050,000 shares $1.85 billion -14.1%1.8%2 $84.02
1/31/202425,680,000 shares $2.06 billion -1.0%2.5%2.5 $80.07
1/15/202425,930,000 shares $2.11 billion -5.6%2.6%2.3 $81.40
12/31/202327,480,000 shares $2.14 billion +2.8%2.4%2.4 $77.90
12/15/202326,720,000 shares $2.05 billion +2.3%2.3%2.3 $76.89
11/30/202326,110,000 shares $1.90 billion -0.4%2.3%2.3 $72.82
11/15/202326,220,000 shares $1.78 billion +6.8%2.3%2.3 $67.86
10/31/202324,560,000 shares $1.16 billion -9.8%2.1%2.2 $47.20
10/15/202327,240,000 shares $1.40 billion -3.3%2.4%2.5 $51.55
9/30/202328,180,000 shares $1.54 billion +5.4%2.4%2.5 $54.57
9/15/202326,730,000 shares $1.67 billion +3.8%2.3%2.4 $62.42
8/31/202325,760,000 shares $1.71 billion +7.0%2.2%2.2 $66.47
8/15/202324,080,000 shares $1.33 billion +13.1%2.1%1.9 $55.34
7/31/202321,290,000 shares $1.44 billion -26.2%1.8%1.5 $67.58
7/15/202328,850,000 shares $1.97 billion +1.7%2.5%1.9 $68.45
6/30/202328,360,000 shares $1.83 billion -21.5%2.5%1.9 $64.60
6/15/202336,140,000 shares $2.39 billion -5.8%3.1%2.3 $66.12
5/31/202338,350,000 shares $2.19 billion -0.6%3.3%2.4 $57.18
5/15/202338,590,000 shares $2.38 billion +7.1%3.4%2.3 $61.58
4/30/202336,020,000 shares $1.75 billion +2.1%3.2%2 $48.45
4/15/202335,270,000 shares $1.64 billion -2.7%3.1%1.9 $46.39
3/31/202336,250,000 shares $1.74 billion -5.6%3.2%1.9 $47.94
3/15/202338,400,000 shares $1.67 billion -16.3%3.4%1.9 $43.54
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2/28/202345,890,000 shares $1.89 billion +7.8%4.1%2.2 $41.14
2/15/202342,590,000 shares $2.27 billion -7.7%3.8%2 $53.39
1/31/202346,120,000 shares $2.27 billion +20.1%4.9%2.2 $49.27
1/15/202338,400,000 shares $1.49 billion +13.8%4.1%1.7 $38.89
12/30/202233,740,000 shares $1.17 billion -6.4%3.6%1.4 $34.71
12/15/202236,030,000 shares $1.31 billion +1.1%3.8%1.4 $36.39
11/30/202235,630,000 shares $1.46 billion -1.8%3.8%1.3 $40.88
11/15/202236,280,000 shares $1.45 billion -13.0%3.8%1.3 $40.02
10/31/202241,710,000 shares $1.43 billion +0.5%4.4%1.4 $34.23
10/15/202241,490,000 shares $1.08 billion -15.1%4.4%1.4 $26.06
9/30/202248,880,000 shares $1.32 billion -3.5%5.2%1.6 $26.94
9/15/202250,670,000 shares $1.72 billion +2.8%4.5%1.6 $33.85
8/31/202249,280,000 shares $1.56 billion +8.3%N/A1.5 $31.65
8/15/202245,490,000 shares $1.81 billion -21.5%N/A1.3 $39.84
7/31/202257,950,000 shares $2.02 billion +3.3%N/A1.4 $34.83
7/15/202256,100,000 shares $1.75 billion +33.5%N/A1.3 $31.27
6/30/20224,201,000 shares $131.24 million -22.3%N/A1 $31.24
6/15/20225,260,000 shares $171.49 million -2.2%4.6%1.2 $32.60
5/31/20225,380,000 shares $2.02 billion -1.5%4.7%1.3 $375.12
5/15/20225,460,000 shares $2.20 billion +5.8%4.8%1.4 $402.48
4/30/20225,160,000 shares $2.20 billion +17.5%4.5%1.5 $426.82
4/15/20224,390,000 shares $2.54 billion +8.4%3.9%1.4 $579.51
3/31/20224,050,000 shares $2.74 billion +15.4%3.6%1.4 $675.96
3/15/20223,510,000 shares $1.94 billion +50.0%3.1%1.3 $553.43
2/28/20222,340,000 shares $1.62 billion -6.0%2.1%1 $694.26
2/15/20222,490,000 shares $2.21 billion +4.2%2.2%1.2 $889.50
1/31/20222,390,000 shares $2.30 billion +8.1%2.1%1.4 $964.24
1/15/20222,210,000 shares $2.44 billion +0.9%2.0%1.5 $1,102.91
12/31/20212,190,000 shares $3.02 billion +15.3%1.9%2 $1,377.39
12/15/20211,900,000 shares $2.60 billion +1.6%1.7%1.8 $1,368.08
11/30/20211,870,000 shares $2.85 billion +3.3%1.7%1.9 $1,521.79
11/15/20211,810,000 shares $3.00 billion -17.0%1.6%1.9 $1,656.50
10/29/20212,180,000 shares $3.20 billion +16.0%1.9%2.4 $1,466.73
10/15/20211,880,000 shares $2.68 billion +13.9%1.7%2.1 $1,424.58
9/30/20211,650,000 shares $2.24 billion +1.9%1.5%1.7 $1,355.78
9/15/20211,620,000 shares $2.39 billion -8.0%1.4%1.5 $1,474.94
8/31/20211,760,000 shares $2.68 billion +3.5%1.6%1.4 $1,524.78
8/13/20211,700,000 shares $2.55 billion No Change1.5%1.3 $1,498.00
7/15/20211,700,000 shares $2.45 billion +0.6%1.5%1.1 $1,441.50
6/30/20211,690,000 shares $2.47 billion -2.3%1.5%1.2 $1,460.98
6/15/20211,730,000 shares $2.29 billion -3.9%1.5%1.2 $1,321.08
5/28/20211,800,000 shares $2.24 billion +1.7%1.6%1.4 $1,242.87
5/14/20211,770,000 shares $1.85 billion +29.2%N/A1.2 $1,047.77
4/30/20211,370,000 shares $1.69 billion -9.9%N/A0.9 $1,233.07
4/15/20211,520,000 shares $1.79 billion -15.6%N/A1.1 $1,179.86
3/31/20211,800,000 shares $1.89 billion +1.1%N/A1.3 $1,048.68
3/15/20211,780,000 shares $2.03 billion +60.4%N/A1.3 $1,140.63
2/26/20211,110,000 shares $1.38 billion -11.2%N/A0.8 $1,245.10
2/12/20211,250,000 shares $1.83 billion +15.7%N/A0.9 $1,463.31
1/29/20211,080,000 shares $1.21 billion -15.0%N/A0.8 $1,120.57
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1/15/20211,270,000 shares $1.50 billion +11.4%N/A0.9 $1,178.86
12/31/20201,140,000 shares $1.33 billion +9.6%N/A0.8 $1,163.00
12/15/20201,040,000 shares $1.10 billion -28.8%N/A0.7 $1,059.17
11/30/20201,460,000 shares $1.51 billion -5.2%N/A0.9 $1,034.39
11/15/20201,540,000 shares $1.41 billion +38.7%N/A0.9 $918.30
10/30/20201,110,000 shares $1.08 billion -21.3%N/A0.6 $977.00
10/15/20201,410,000 shares $1.53 billion -11.9%N/A0.7 $1,082.12
9/30/20201,600,000 shares $1.64 billion +1.3%N/A0.7 $1,022.97
9/15/20201,580,000 shares $1.47 billion -0.6%N/A0.7 $929.39
8/31/20201,590,000 shares $1.70 billion -7.6%N/A0.6 $1,066.42
8/14/20201,720,000 shares $1.70 billion +6.8%N/A0.7 $987.90
7/31/20201,610,000 shares $1.65 billion -4.2%N/A0.5 $1,024.00
7/15/20201,680,000 shares $1.61 billion -9.7%N/A0.5 $959.45
6/30/20201,860,000 shares $1.77 billion -4.1%N/A0.5 $949.20
6/15/20201,940,000 shares $1.56 billion -14.2%N/A0.5 $805.47
5/29/20202,260,000 shares $1.71 billion -7.0%N/A0.6 $757.80
5/15/20202,430,000 shares $1.86 billion -14.1%N/A0.6 $767.00
4/30/20202,830,000 shares $1.79 billion -37.5%N/A0.8 $632.29
4/15/20204,530,000 shares $2.25 billion +23.1%N/A1.4 $497.17
3/31/20203,680,000 shares $2.37 billion +26.3%N/A1.3 $643.19
3/13/20202,913,100 shares $1.22 billion +18.4%N/A1.3 $417.74
2/28/20202,460,000 shares $923.46 million -9.9%N/A1.1 $375.39
2/14/20202,730,000 shares $1.23 billion -10.5%N/A1.2 $450.34
1/31/20203,050,000 shares $1.44 billion -17.6%N/A1.5 $471.18
1/15/20203,700,000 shares $1.82 billion -12.5%N/A1.7 $492.75
12/31/20194,230,000 shares $1.97 billion -10.4%N/A2 $465.48

SHOP Short Interest - Frequently Asked Questions

What is Shopify's current short interest?

Short interest is the volume of Shopify shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 21,420,000 shares of SHOP short. 1.77% of Shopify's shares are currently sold short. Learn More on Shopify's current short interest.

What is a good short interest ratio for Shopify?

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. SHOP shares currently have a short interest ratio of 4.0. Learn More on Shopify's short interest ratio.

Which institutional investors are shorting Shopify?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shopify: Barclays PLC, CTC LLC, Barclays PLC, Jane Street Group LLC, Wolverine Trading LLC, Readystate Asset Management LP, Point72 Asset Management L.P., Parallax Volatility Advisers L.P., Maven Securities LTD, Ionic Capital Management LLC, HighTower Advisors LLC, Centiva Capital LP, Verition Fund Management LLC, Capstone Investment Advisors LLC, Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, BNP Paribas Financial Markets, Bank of Montreal Can, Citigroup Inc., One River Asset Management LLC, LMR Partners LLP, Wolverine Asset Management LLC, SpiderRock Advisors LLC, Genus Capital Management Inc., XR Securities LLC, Wealth Enhancement Advisory Services LLC, CenterStar Asset Management LLC, Concourse Financial Group Securities Inc., SG Americas Securities LLC, Cubist Systematic Strategies LLC, and Maven Securities LTD. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Shopify?

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. 1.77% of Shopify's floating shares are currently sold short.

Is Shopify's short interest increasing or decreasing?

Shopify saw a drop in short interest in October. As of October 31st, there was short interest totaling 21,420,000 shares, a drop of 0.9% from the previous total of 21,620,000 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.

What is Shopify's float size?

Shopify currently has issued a total of 1,290,390,000 shares. Some of Shopify's 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. Shopify currently has a public float of 1,210,000,000 shares.

How does Shopify's short interest compare to its competitors?

1.77% of Shopify's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to Shopify: SAP SE (0.17%), Palantir Technologies Inc. (3.75%), AppLovin Co. (9.43%), Infosys Limited (1.81%), CrowdStrike Holdings, Inc. (3.28%), Atlassian Co. (1.27%), The Trade Desk, Inc. (2.37%), NetEase, Inc. (0.78%), Datadog, Inc. (2.88%), Electronic Arts Inc. (2.74%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Shopify stock?

Short selling SHOP is an investing strategy that aims to generate trading profit from Shopify as its price is falling. SHOP shares are trading down $0.62 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 Shopify?

A short squeeze for Shopify 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 SHOP, which in turn drives the price of the stock up even further.

How often is Shopify'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 SHOP, twice per month. The most recent reporting period available is October, 31 2024.



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This page (NYSE:SHOP) was last updated on 11/21/2024 by MarketBeat.com Staff
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