Ticker Short Interest
SHOP Short Interest Intelligence
Shopify Inc positioning pressure, squeeze risk, bearish conviction, crowding, days to cover, and price-positioning divergence.
Neutral
Shorts Under Pressure
SHOP is classified as Neutral. Latest reported short interest is 21.3M shares; short interest changed +1.2%, price moved +8.0% since the previous report, short interest is in the 57th percentile, and days to cover is in the 57th 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
41Elevated short interest becomes most interesting when price strength forces shorts to defend or cover.
Bearish Conviction
40Rising short interest alongside weak trend can mean the bearish trade is being reinforced, not trapped.
Crowding
57Latest short interest is 21.3M shares and days to cover is 2.21.
Divergence
37Short interest rose while price rose. Bearish positioning is adding into strength, which can create squeeze pressure if the chart keeps improving.
Report History
SHOP Short Interest Ledger
| Settlement | Short interest | Previous | Change | Days cover | Average volume |
|---|---|---|---|---|---|
| 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.