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Arcutis Biotherapeutics (ARQT) Short Interest Ratio & Short Volume

Arcutis Biotherapeutics logo
$25.16 -0.13 (-0.51%)
Closing price 04:00 PM Eastern
Extended Trading
$25.16 0.00 (-0.02%)
As of 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Arcutis Biotherapeutics Short Interest Overview

As of September 15, 2026, Arcutis Biotherapeutics (ARQT) had a short interest of 18.46 million shares sold short, representing 16.21% of the public float. This marks a 11.48% increase in short interest since the prior report. The short interest ratio (days to cover) is 8.5, meaning it would take 8.5 days of the average trading volume of 3.47 million shares to cover all short positions.

Current Short Interest
18,458,091 shares
Previous Short Interest
16,557,048 shares
Change Vs. Previous Month
11.48%
Dollar Volume Sold Short
$433.95 million
Short Interest Ratio
8.5 Days to Cover
Last Record Date
September 15, 2026
Outstanding Shares
125,690,000 shares
Short Percent of Float
16.21%
Today's Trading Volume
1,778,422 shares
Average Trading Volume
3,474,555 shares
Today's Volume Vs. Average
51%
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ARQT Short Interest Over Time

ARQT Days to Cover Over Time

ARQT Percentage of Float Shorted Over Time

Arcutis Biotherapeutics Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
9/15/202618,458,091 shares $433.95 million +11.5%16.2%8.54 $23.51
8/31/202616,557,048 shares $396.87 million +12.5%14.5%9.41 $23.97
8/14/202614,717,905 shares $385.46 million +16.0%12.9%8.04 $26.19
7/31/202612,686,384 shares $340.76 million -6.5%11.1%10.74 $26.86
7/15/202613,561,565 shares $376.74 million -3.3%12.0%9.34 $27.78
6/30/202614,019,289 shares $367.64 million -11.4%12.4%6.33 $26.22
6/15/202615,820,721 shares $404.69 million -2.5%14.0%10.04 $25.58
5/29/202616,226,183 shares $348.21 million -7.5%14.3%8.44 $21.46
5/15/202617,547,517 shares $374.11 million +4.0%15.5%7.3 $21.32
4/30/202616,879,909 shares $391.95 million +1.8%14.9%16.62 $23.22
4/15/202616,583,496 shares $407.62 million -1.3%14.6%15.62 $24.58
3/31/202616,801,149 shares $395.84 million +6.7%14.8%11.11 $23.56
3/13/202615,753,892 shares $358.40 million +3.0%14.0%12.56 $22.75
2/27/202615,292,517 shares $412.44 million -6.6%13.5%9.73 $26.97
2/13/202616,379,683 shares $423.58 million +2.3%14.5%14.06 $25.86
1/30/202616,010,858 shares $406.20 million +5.2%14.4%13.88 $25.37
1/15/202615,221,587 shares $401.24 million +1.4%13.7%8.41 $26.36
12/31/202515,011,554 shares $435.94 million +13.4%13.5%7.86 $29.04
12/15/202513,235,954 shares $383.18 million +9.8%11.9%6.78 $28.95
11/28/202512,059,791 shares $367.46 million -12.1%10.9%4.34 $30.47
11/14/202513,717,750 shares $342.94 million +1.8%12.4%5.45 $25.00
10/31/202513,479,227 shares $341.16 million -5.6%12.1%4.79 $25.31
10/15/202514,280,000 shares $308.88 million -1.2%13.1%8 $21.63
9/30/202514,450,000 shares $272.38 million -10.0%N/A8.1 $18.85
9/15/202516,050,000 shares $271.73 million -5.7%N/A9.5 $16.93
8/31/202517,020,000 shares $264.15 million -7.5%15.7%9.6 $15.52
8/15/202518,400,000 shares $310.78 million +10.6%N/A10.3 $16.89
7/31/202516,640,000 shares $242.61 million -3.7%15.3%8.9 $14.58
7/15/202517,270,000 shares $265.96 million -16.2%N/A9.1 $15.40
6/30/202520,600,000 shares $288.81 million +10.5%19.1%9.9 $14.02
6/15/202518,640,000 shares $250.34 million +11.1%17.3%8.5 $13.43
5/31/202516,780,000 shares $219.65 million +4.6%15.8%7.3 $13.09
5/15/202516,040,000 shares $218.63 million +5.9%15.1%6.6 $13.63
4/30/202515,140,000 shares $225.74 million +5.3%N/A6 $14.91
4/15/202514,380,000 shares $189.67 million -1.7%13.6%5.8 $13.19
3/31/202514,630,000 shares $228.81 million -3.2%13.8%6 $15.64
3/15/202515,110,000 shares $220.91 million -23.6%14.3%6.4 $14.62
2/28/202519,770,000 shares $270.65 million +12.1%18.7%9 $13.69
2/15/202517,640,000 shares $225.44 million -6.7%16.7%8.3 $12.78
1/31/202518,910,000 shares $250.37 million -6.5%N/A8.9 $13.24
They're not buying gold. They're buying this. (Ad)

Bank of America raised its stake in a small gold company by 139%. Jane Street increased its position by 159%, and Millennium by 122%. Kopernik Global made it their largest holding, owning roughly 8% of the company. It holds rights to an 88 million ounce deposit with existing roads, power, and permits that never expire. Market cap sits near $4 billion against a deposit worth hundreds of billions at current gold prices.tc pixel

See the name, ticker, and full file now
1/15/202520,220,000 shares $281.46 million -3.6%N/A9.5 $13.92
12/31/202420,970,000 shares $292.11 million -9.3%N/A10.2 $13.93
12/15/202423,110,000 shares $293.27 million -1.8%N/A11.2 $12.69
11/30/202423,530,000 shares $306.83 million -6.0%N/A11.8 $13.04
11/15/202425,020,000 shares $231.69 million -9.9%N/A12.8 $9.26
10/31/202427,760,000 shares $230.69 million -1.1%N/A13.1 $8.31
10/15/202428,060,000 shares $262.36 million +3.4%N/A13.7 $9.35
9/30/202427,130,000 shares $252.31 million +9.1%N/A12.7 $9.30
9/15/202424,860,000 shares $265.01 million +0.7%N/A10.5 $10.66
8/31/202424,680,000 shares $268.52 million +3.7%N/A9.9 $10.88
8/15/202423,800,000 shares $202.30 million +8.4%N/A9 $8.50
7/31/202421,950,000 shares $221.04 million -3.1%N/A7.8 $10.07
7/15/202422,660,000 shares $244.05 million +6.2%N/A8 $10.77
6/30/202421,340,000 shares $198.46 million -18.0%N/A7 $9.30
6/15/202426,020,000 shares $224.55 million +5.6%N/A8.7 $8.63
5/31/202424,640,000 shares $205.99 million +11.1%N/A7.7 $8.36
5/15/202422,170,000 shares $204.85 million +2.2%N/A6 $9.24
4/30/202421,690,000 shares $180.46 million +10.3%N/A5.7 $8.32
4/15/202419,660,000 shares $198.37 million +2.1%N/A4.3 $10.09
3/31/202419,260,000 shares $190.87 million +28.5%N/A4 $9.91
3/15/202414,990,000 shares $159.79 million -5.0%N/A2.8 $10.66
2/29/202415,780,000 shares $162.22 million -6.9%N/A2.6 $10.28
2/15/202416,940,000 shares $135.01 million +1.0%N/A2.9 $7.97
1/31/202416,780,000 shares $98.50 million -19.4%N/A3.1 $5.87
1/15/202420,830,000 shares $75.82 million +3.2%N/A4.1 $3.64
12/31/202320,180,000 shares $65.18 million +3.7%N/A4.2 $3.23
12/15/202319,460,000 shares $47.48 million -6.9%N/A4.8 $2.44
11/30/202320,900,000 shares $38.46 million +19.4%N/A8.2 $1.84
11/15/202317,510,000 shares $36.42 million +2.6%N/A8 $2.08
10/31/202317,070,000 shares $38.41 million +21.4%N/A8.5 $2.25
10/15/202314,060,000 shares $54.55 million +8.3%N/A8.7 $3.88
9/30/202312,980,000 shares $68.92 million -2.3%29.0%12.1 $5.31
9/15/202313,280,000 shares $90.44 million +6.4%29.7%13.1 $6.81
8/31/202312,480,000 shares $106.58 million -19.2%27.9%11.3 $8.54
8/15/202315,450,000 shares $130.86 million +1.6%34.5%12.8 $8.47
7/31/202315,210,000 shares $165.94 million +3.1%33.9%12.3 $10.91
7/15/202314,760,000 shares $139.33 million +0.2%32.8%11.9 $9.44
6/30/202314,730,000 shares $140.38 million +12.5%32.8%11.3 $9.53
6/15/202313,090,000 shares $133.78 million +0.4%29.1%10 $10.22
5/31/202313,040,000 shares $97.93 million -13.1%29.1%10.3 $7.51
5/15/202315,010,000 shares $154.60 million -2.5%33.7%13.1 $10.30
4/30/202315,390,000 shares $213.00 million +0.3%35.2%15.6 $13.84
4/15/202315,350,000 shares $213.21 million +1.5%35.1%15.5 $13.89
3/31/202315,120,000 shares $166.32 million +10.0%34.5%15.4 $11.00
3/15/202313,750,000 shares $152.76 million +11.1%31.4%14.9 $11.11
2/28/202312,380,000 shares $200.31 million +4.2%28.2%15 $16.18
2/15/202311,880,000 shares $203.62 million +10.1%27.2%15 $17.14
1/31/202310,790,000 shares $178.79 million +0.5%25.0%13 $16.57
1/15/202310,740,000 shares $151.65 million +0.9%24.9%13.1 $14.12
12/30/202210,650,000 shares $157.62 million +6.8%24.7%13.9 $14.80
They're not buying gold. They're buying this. (Ad)

Bank of America raised its stake in a small gold company by 139%. Jane Street increased its position by 159%, and Millennium by 122%. Kopernik Global made it their largest holding, owning roughly 8% of the company. It holds rights to an 88 million ounce deposit with existing roads, power, and permits that never expire. Market cap sits near $4 billion against a deposit worth hundreds of billions at current gold prices.tc pixel

See the name, ticker, and full file now
12/15/20229,970,000 shares $164.41 million +5.1%23.1%12.7 $16.49
11/30/20229,490,000 shares $163.51 million +17.9%22.0%12.6 $17.23
11/15/20228,050,000 shares $156.49 million +0.1%18.7%10.8 $19.44
10/31/20228,040,000 shares $142.15 million +17.4%19.2%12.1 $17.68
10/15/20226,850,000 shares $127.68 million +14.4%16.4%9.1 $18.64
9/30/20225,990,000 shares $114.47 million +15.2%14.3%8.6 $19.11
9/15/20225,200,000 shares $97.19 million +1.6%12.5%7.7 $18.69
8/31/20225,120,000 shares $137.98 million -1.7%12.4%8.4 $26.95
8/15/20225,210,000 shares $128.79 million +13.8%12.9%9 $24.72
7/31/20224,580,000 shares $111.11 million +16.8%12.6%8.2 $24.26
7/15/20223,920,000 shares $94.86 million +12.3%12.6%9.5 $24.20
6/30/20223,490,000 shares $74.37 million +5.8%11.3%8.6 $21.31
6/15/20223,300,000 shares $67.82 million +6.8%10.5%8.6 $20.55
5/31/20223,090,000 shares $64.52 million +6.2%9.8%8.8 $20.88
5/15/20222,910,000 shares $52.18 million -1.4%9.5%9.8 $17.93
4/30/20222,950,000 shares $59.56 million +3.2%9.6%10.5 $20.19
4/15/20222,860,000 shares $60.15 million -15.4%9.5%10.3 $21.03
3/31/20223,380,000 shares $65.10 million -9.1%12.1%12.5 $19.26
3/15/20223,720,000 shares $59.45 million +15.9%13.3%15.9 $15.98
2/28/20223,210,000 shares $57.14 million +3.2%11.4%15.8 $17.80
2/15/20223,110,000 shares $51.32 million +6.9%11.1%14.4 $16.50
1/31/20222,910,000 shares $43.97 million +26.0%10.6%14.5 $15.11
1/15/20222,310,000 shares $40.22 million +9.0%8.4%12.4 $17.41
12/31/20212,120,000 shares $43.97 million +7.1%7.7%12.7 $20.74
12/15/20211,980,000 shares $31.68 million No Change7.2%11.7 $16.00
11/30/20211,980,000 shares $32.81 million -1.0%7.2%12.1 $16.57
11/15/20212,000,000 shares $40.50 million +0.5%7.3%13.3 $20.25
10/29/20211,990,000 shares $42.15 million +1.0%7.2%14 $21.18
10/15/20211,970,000 shares $43.89 million -0.5%7.2%12.7 $22.28

ARQT Short Interest - Frequently Asked Questions

Short interest is the volume of Arcutis Biotherapeutics shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 18,458,091 shares of ARQT short. 16.21% of Arcutis Biotherapeutics' shares are currently sold short. Learn More on Arcutis Biotherapeutics' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ARQT shares currently have a short interest ratio of 8.5. Learn More on Arcutis Biotherapeutics's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 16.21% of Arcutis Biotherapeutics' floating shares are currently sold short.

Arcutis Biotherapeutics saw a increase in short interest in September. As of September 15th, there was short interest totaling 18,458,091 shares, an increase of 11.5% from the previous total of 16,557,048 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

16.21% of Arcutis Biotherapeutics' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceuticals" compare to Arcutis Biotherapeutics: Corcept Therapeutics Incorporated (10.91%), Elanco Animal Health Incorporated (6.44%), Dr. Reddy's Laboratories Ltd (3.54%), Axsome Therapeutics, Inc. (7.55%), Crinetics Pharmaceuticals, Inc. (6.71%), Belite Bio, Inc. Sponsored ADR (3.01%), Lantheus Holdings, Inc. (6.29%), Amneal Pharmaceuticals, Inc. (4.27%), Liquidia Corporation (18.59%), Definium Therapeutics, Inc. (8.99%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($75.21 billion), Invesco QQQ ($46.31 billion), iShares Russell 2000 ETF ($27.98 billion), SPDR S&P Biotech ETF ($11.59 billion), Nebius Group N.V. ($9.70 billion), Canadian Natural Resources Limited ($9.42 billion), iShares 20+ Year Treasury Bond ETF ($8.70 billion), iShares iBoxx $ High Yield Corporate Bond ETF ($8.53 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($7.79 billion), and Financial Select Sector SPDR Fund ($7.74 billion). View all of the most shorted stocks.

Short selling ARQT is an investing strategy that aims to generate trading profit from Arcutis Biotherapeutics as its price is falling. ARQT shares are trading down $0.05 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Arcutis Biotherapeutics occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ARQT, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ARQT, twice per month. The most recent reporting period available is September, 15 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like ARQT:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



Short interest data for NASDAQ:ARQT is sourced from the Financial Industry Regulatory Authority (FINRA), with the most recent report published on 9/24/2026. FINRA publishes updated short interest twice a month.
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