Ticker Short Interest

SHOP Short Interest Intelligence

Shopify Inc positioning pressure, squeeze risk, bearish conviction, crowding, days to cover, and price-positioning divergence.

Latest settlement 31 Aug 2026 Neutral

Neutral

Shorts Winning

SHOP is classified as Neutral. Latest reported short interest is 18.5M shares; short interest changed +20.3%, price moved -0.9% since the previous report, short interest is in the 27th percentile, and days to cover is in the 91th percentile. Trend context is constructive.

Short Interest Dashboard Chart Weekly report

Setup Score64/100Neutral

Reported Short Interest18.5M+20.3% vs prior report

Days To Cover3.0590.91 percentile

Price Reaction-0.9%since previous short report

Squeeze Pressure64crowding, trend, and pressure

Bearish Conviction49shorts adding into weakness

Reported Short Interest

2026-03-31 to 2026-08-31

Days To Cover

liquidity pressure

Short Interest Change

report-to-report

Price Context

2026-03-20 to 2026-08-28

Squeeze Radar

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

Bearish Conviction

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

Crowding

Latest short interest is 18.5M shares and days to cover is 3.05.

Divergence

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

Report History

SHOP Short Interest Ledger

Most recent first

Settlement	Short interest	Previous	Change	Days cover	Average volume
31 Aug 2026	18506945	15388800	20.3%	3.05	6059087
14 Aug 2026	15388800	20123318	-23.5%	1.12	13758159
31 Jul 2026	20123318	26557096	-24.2%	2.29	8769632
15 Jul 2026	26557096	21297085	24.7%	3.84	6913990
30 Jun 2026	21297085	21050356	1.2%	2.21	9645656
15 Jun 2026	21050356	21687131	-2.9%	2.65	7952648
29 May 2026	21687131	21812029	-0.6%	2.19	9883144
15 May 2026	21812029	19104684	14.2%	1.18	18472421
30 Apr 2026	19104684	21740318	-12.1%	2.98	6405622
15 Apr 2026	21740318	16687530	30.3%	2.74	7939788
31 Mar 2026	16687530	18160764	-8.1%	2.05	8153787

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.