Shopify (SHOP) Short Interest Ratio & Short Volume $144.27 -5.82 (-3.88%) Closing price 04:00 PM EasternExtended Trading$144.46 +0.19 (+0.13%) As of 05:25 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Shopify Short Interest DataShopify (SHOP) has a short interest of 22.68 million shares, representing 1.86% of the float (the number of shares available for trading by the public). This marks a -14.03% decrease in short interest from the previous month. The short interest ratio (days to cover) is 2.0, indicating that it would take 2.0 days of the average trading volume of 10.49 million shares to cover all short positions.Current Short Interest22,680,000 sharesPrevious Short Interest26,380,000 sharesChange Vs. Previous Month-14.03%Dollar Volume Sold Short$2.77 billionShort Interest Ratio2.0 Days to CoverLast Record DateJuly 31, 2025Outstanding Shares1,297,381,000 sharesFloat Size1,220,000,000 sharesShort Percent of Float1.86%Today's Trading Volume9,491,888 sharesAverage Trading Volume10,494,804 sharesToday's Volume Vs. Average90% Short Selling Shopify? Sign up to receive the latest short interest report for Shopify and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartSHOP Short Interest Over TimeSHOP Days to Cover Over TimeSHOP Percentage of Float Shorted Over Time Shopify Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 7/31/202522,680,000 shares $2.77 billion -14.0%1.9%2 $122.21 7/15/202526,380,000 shares $3.04 billion -0.2%2.2%2.4 $115.05 6/30/202526,440,000 shares $3.05 billion -5.6%2.2%2.2 $115.35 6/15/202528,010,000 shares $2.95 billion +3.0%2.3%2.2 $105.34 5/31/202527,200,000 shares $2.86 billion +45.4%2.3%2.1 $104.97 5/15/202518,710,000 shares $2.06 billion -12.2%1.6%1.4 $110.21 4/30/202521,320,000 shares $2.03 billion -2.3%1.8%1.8 $95.00 4/15/202521,830,000 shares $1.83 billion +34.2%1.8%2 $83.91 3/31/202516,270,000 shares $1.55 billion +7.4%1.3%1.6 $95.48 3/15/202515,150,000 shares $1.44 billion -4.7%1.3%1.9 $94.88 Get the Latest News and Ratings for SHOP and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Shopify and its competitors with MarketBeat's FREE daily newsletter. 2/28/202515,890,000 shares $1.78 billion +3.2%1.3%2 $111.97 2/15/202515,400,000 shares $1.98 billion +16.9%1.3%2.1 $128.36 1/31/202513,170,000 shares $1.54 billion -22.0%1.1%1.5 $116.70 1/15/202516,890,000 shares $1.76 billion +4.4%1.4%2.3 $104.31 12/31/202416,180,000 shares $1.72 billion -2.7%1.3%2.2 $106.33 12/15/202416,620,000 shares $1.91 billion +7.8%1.4%2.3 $114.63 11/30/202415,420,000 shares $1.78 billion -9.7%1.3%2.1 $115.60 11/15/202417,070,000 shares $1.85 billion -20.3%1.4%2.4 $108.48 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 $76.89Market Panic: Trump Just Dropped a Bomb on Your Stocks (Ad)tock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tariffs just lit the fuse. Millions of investors are blindsided as stocks plunge… but this is only Phase 1. If you're still holding the wrong assets, you could lose 30% or more in the coming weeks.Don't wait for the next drop to wipe you out. Get the FREE Guide Before Markets Open Tomorrow 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 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 $1,656.50Market Panic: Trump Just Dropped a Bomb on Your Stocks (Ad)tock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tariffs just lit the fuse. Millions of investors are blindsided as stocks plunge… but this is only Phase 1. If you're still holding the wrong assets, you could lose 30% or more in the coming weeks.Don't wait for the next drop to wipe you out. Get the FREE Guide Before Markets Open Tomorrow 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 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 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 covered or closed out. As of July 15th, traders have sold 26,380,000 shares of SHOP short. 2.18% 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 2.0. 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: Maven Securities LTD, Capital Markets Trading UK LLP, CMT Capital Markets Trading GmbH, Walleye Capital LLC, Walleye Trading LLC, Lido Advisors LLC, NINE MASTS CAPITAL Ltd, Capital Fund Management S.A., Sumitomo Mitsui Financial Group Inc., Eisler Capital Management Ltd., Franklin Resources Inc., JPMorgan Chase & Co., Greenland Capital Management LP, SG Americas Securities LLC, Twin Tree Management LP, Game Plan Financial Advisors LLC, SteelPeak Wealth LLC, CTC LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., and Millennium Management LLC. 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. 2.18% 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 July. As of July 15th, there was short interest totaling 26,380,000 shares, a drop of 0.2% from the previous total of 26,440,000 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 1,297,381,000 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? 2.18% of Shopify's shares are currently sold short. Here is how the short interest of companies compare to Shopify: Affirm Holdings, Inc. (5.58%), Amazon.com, Inc. (0.59%), Etsy, Inc. (21.44%), Global-e Online Ltd. (6.30%), Alphabet Inc. (0.28%), Alphabet Inc. (0.48%), MercadoLibre, Inc. (1.34%), PayPal Holdings, Inc. (3.35%), Roku, Inc. (4.96%), Pinterest, Inc. (3.29%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 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 up $0.79 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 July, 15 2025. More Short Interest Resources from MarketBeat Related Companies AFRM Short Interest Data AMZN Short Interest Data ETSY Short Interest Data GLBE Short Interest Data GOOG Short Interest Data GOOGL Short Interest Data MELI Short Interest Data PYPL Short Interest Data ROKU Short Interest Data PINS Short Interest Data Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:SHOP) was last updated on 8/14/2025 by MarketBeat.com Staff From Our PartnersThe Trump Dump is starting; Get out of stocks now?The first 365 days of the Trump presidency… Will be the best time to get rich in American history.Paradigm Press | SponsoredWhen the levee breaksThe U.S. Treasury just confirmed it plans to borrow $1.01 trillion this quarter—nearly double what was project...Porter & Company | SponsoredMusk’s Project Colossus could mint millionairesI predict this single breakthrough could make Elon the world’s first trillionaire — and mint more new milliona...Brownstone Research | SponsoredBut this $20 American company could control the secretThe "Impossible" Chip That Runs on Pure Light Google's quantum computer shocked the world... but China DEMO...The Oxford Club | SponsoredINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredBONUS GUIDE - Ben Stein Prepares For the Next Financial CrisisWith inflation high, debt soaring, and global tensions rising, a financial storm may be brewing. 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