Ticker Short Interest

TRAX Short Interest Intelligence

First Tracks Biotherapeutics positioning pressure, squeeze risk, bearish conviction, crowding, days to cover, and price-positioning divergence.

Latest settlement 30 Jun 2026 Neutral

Neutral

Shorts Winning

TRAX is classified as Neutral. Latest reported short interest is 3.9M shares; short interest changed +33.2%, price moved -9.1% since the previous report, short interest is in the 60th percentile, and days to cover is in the 20th percentile. Trend context is mixed.

Setup Score53/100Neutral
Reported Short Interest3.9M+33.2% vs prior report
Days To Cover4.7820.00 percentile
Price Reaction-9.1%since previous short report
Squeeze Pressure43crowding, trend, and pressure
Bearish Conviction53shorts adding into weakness

Reported Short Interest

2026-04-30 to 2026-06-30

Days To Cover

liquidity pressure

Short Interest Change

report-to-report

Price Context

2026-04-24 to 2026-06-26

Squeeze Radar

43

Elevated short interest becomes most interesting when price strength forces shorts to defend or cover.

Bearish Conviction

53

Rising short interest alongside weak trend can mean the bearish trade is being reinforced, not trapped.

Crowding

42

Latest short interest is 3.9M shares and days to cover is 4.78.

Divergence

0

Short interest rose while price fell. The bearish trade is currently being confirmed by price.

Report History

TRAX Short Interest Ledger

Most recent first
SettlementShort interestPreviousChangeDays coverAverage volume
30 Jun 2026 3912589 2936884 33.2% 4.78 818182
15 Jun 2026 2936884 3873888 -24.2% 5.11 574236
29 May 2026 3873888 3916597 -1.1% 10.41 372281
15 May 2026 3916597 4029808 -2.8% 8.19 478368
30 Apr 2026 4029808 - 100.0% 7.50 537279

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.