Ticker Short Interest
PHAT Short Interest Intelligence
Phathom Pharmaceuticals Inc positioning pressure, squeeze risk, bearish conviction, crowding, days to cover, and price-positioning divergence.
Bearish Conviction
Shorts Under Pressure
PHAT is classified as Bearish Conviction. Latest reported short interest is 12.0M shares; short interest changed +7.4%, price moved +3.4% since the previous report, short interest is in the 100th percentile, and days to cover is in the 100th percentile. Trend context is weak.
Reported Short Interest
2026-03-31 to 2026-06-30Days To Cover
liquidity pressureShort Interest Change
report-to-reportPrice Context
2026-03-20 to 2026-06-26Squeeze Radar
64Elevated short interest becomes most interesting when price strength forces shorts to defend or cover.
Bearish Conviction
66Rising short interest alongside weak trend can mean the bearish trade is being reinforced, not trapped.
Crowding
100Latest short interest is 12.0M shares and days to cover is 11.67.
Divergence
58Short interest rose while price rose. Bearish positioning is adding into strength, which can create squeeze pressure if the chart keeps improving.
Report History
PHAT Short Interest Ledger
| Settlement | Short interest | Previous | Change | Days cover | Average volume |
|---|---|---|---|---|---|
| 30 Jun 2026 | 11993590 | 11162619 | 7.4% | 11.67 | 1028056 |
| 15 Jun 2026 | 11162619 | 10352426 | 7.8% | 10.36 | 1076980 |
| 29 May 2026 | 10352426 | 10288317 | 0.6% | 9.41 | 1099616 |
| 15 May 2026 | 10288317 | 9736465 | 5.7% | 8.68 | 1185608 |
| 30 Apr 2026 | 9736465 | 9502963 | 2.5% | 5.88 | 1655203 |
| 15 Apr 2026 | 9502963 | 10637936 | -10.7% | 9.92 | 958012 |
| 31 Mar 2026 | 10637936 | 11657728 | -8.8% | 9.23 | 1152562 |
Short interest is delayed, reported on a periodic schedule, and may be revised. The dashboard is research context only and does not prove real-time short activity.