Ticker Short Interest

SMMT Short Interest Intelligence

Summit Therapeutics PLC positioning pressure, squeeze risk, bearish conviction, crowding, days to cover, and price-positioning divergence.

Latest settlement 14 Aug 2026 Crowded Short

Crowded Short

Shorts Under Pressure

SMMT is classified as Crowded Short. Latest reported short interest is 37.4M shares; short interest changed +3.3%, price moved +2.5% since the previous report, short interest is in the 90th percentile, and days to cover is in the 60th percentile. Trend context is weak.

Setup Score76/100Crowded Short
Reported Short Interest37.4M+3.3% vs prior report
Days To Cover8.6960.00 percentile
Price Reaction+2.5%since previous short report
Squeeze Pressure46crowding, trend, and pressure
Bearish Conviction50shorts adding into weakness

Reported Short Interest

2026-03-31 to 2026-08-14

Days To Cover

liquidity pressure

Short Interest Change

report-to-report

Price Context

2026-03-20 to 2026-08-14

Squeeze Radar

46

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

Bearish Conviction

50

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

Crowding

76

Latest short interest is 37.4M shares and days to cover is 8.69.

Divergence

42

Short interest rose while price rose. Bearish positioning is adding into strength, which can create squeeze pressure if the chart keeps improving.

Report History

SMMT Short Interest Ledger

Most recent first
SettlementShort interestPreviousChangeDays coverAverage volume
14 Aug 2026 37432330 36245370 3.3% 8.69 4308749
31 Jul 2026 36245370 37327940 -2.9% 8.86 4091058
15 Jul 2026 37327940 39855640 -6.3% 11.02 3386533
30 Jun 2026 39855640 36811691 8.3% 6.69 5958124
15 Jun 2026 36811691 36126988 1.9% 4.46 8254320
29 May 2026 36126988 29818472 21.2% 8.19 4410564
15 May 2026 29818472 29194577 2.1% 6.30 4731678
30 Apr 2026 29194577 34504458 -15.4% 5.57 5240834
15 Apr 2026 34504458 34558050 -0.2% 15.01 2298337
31 Mar 2026 34558050 36116187 -4.3% 12.35 2798782

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.

Evidence context