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Innoviva (INVA) Short Interest Ratio & Short Volume

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$22.64 +0.03 (+0.13%)
Closing price 06/17/2026 04:00 PM Eastern
Extended Trading
$22.64 +0.00 (+0.02%)
As of 06/17/2026 05:22 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.

Innoviva Short Interest Overview

As of May 29, 2026, Innoviva (INVA) had a short interest of 5.86 million shares sold short, representing 8.10% of the public float. This marks a -8.38% decrease in short interest since the prior report. The short interest ratio (days to cover) is 6.2, meaning it would take 6.2 days of the average trading volume of 861,883 shares to cover all short positions.

Current Short Interest
5,859,814 shares
Previous Short Interest
6,395,967 shares
Change Vs. Previous Month
-8.38%
Dollar Volume Sold Short
$125.52 million
Short Interest Ratio
6.2 Days to Cover
Last Record Date
May 29, 2026
Outstanding Shares
73,810,000 shares
Short Percent of Float
8.10%
Today's Trading Volume
588,385 shares
Average Trading Volume
861,883 shares
Today's Volume Vs. Average
68%
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Skip Charts & View Short Interest History

INVA Short Interest Over Time

INVA Days to Cover Over Time

INVA Percentage of Float Shorted Over Time

Innoviva 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
5/29/20265,859,814 shares $125.52 million -8.4%8.1%6.17 $21.42
5/15/20266,395,967 shares $140.52 million +1.8%8.8%9.55 $21.97
4/30/20266,282,273 shares $144.43 million -6.6%8.7%11.35 $22.99
4/15/20266,727,066 shares $160.91 million +2.8%9.3%11.26 $23.92
3/31/20266,545,793 shares $152.52 million -4.0%9.0%7.09 $23.30
3/13/20266,816,215 shares $150.16 million +2.4%9.4%10.93 $22.03
2/27/20266,658,777 shares $152.89 million -0.8%9.2%8.25 $22.96
2/13/20266,715,271 shares $152.44 million +9.7%9.2%7.26 $22.70
1/30/20266,119,192 shares $122.38 million +2.1%8.4%10.59 $20.00
1/15/20265,995,428 shares $118.47 million -0.1%8.2%9 $19.76
12/31/20256,002,119 shares $119.98 million +10.7%8.2%5.57 $19.99
12/15/20255,422,625 shares $109.21 million -1.9%7.4%6.86 $20.14
11/28/20255,527,938 shares $111.33 million +1.0%7.6%6.91 $20.14
11/14/20255,474,854 shares $121.82 million +5.8%8.9%5.3 $22.25
10/31/20255,177,278 shares $94.23 million -20.0%8.4%6.58 $18.20
10/15/20256,470,000 shares $112.51 million -5.0%10.4%8.4 $17.39
9/30/20256,810,000 shares $124.21 million +3.0%10.9%8.7 $18.24
9/15/20256,610,000 shares $129.23 million -1.8%10.6%8 $19.55
8/31/20256,730,000 shares $137.49 million -32.6%10.8%7.7 $20.43
8/15/20259,980,000 shares $208.78 million +3.0%16.0%10.8 $20.92
7/31/20259,690,000 shares $176.07 million -2.4%15.6%10.8 $18.17
7/15/20259,930,000 shares $198.20 million -2.9%16.0%11.7 $19.96
6/30/202510,230,000 shares $205.52 million +6.0%16.5%11.8 $20.09
6/15/20259,650,000 shares $209.31 million +4.0%15.6%11.5 $21.69
5/31/20259,280,000 shares $182.26 million +6.7%15.0%10.3 $19.64
5/15/20258,700,000 shares $159.47 million +0.1%14.0%9.9 $18.33
4/30/20258,690,000 shares $162.42 million -2.6%14.0%10.4 $18.69
4/15/20258,920,000 shares $161.54 million +3.5%14.4%10.9 $18.11
3/31/20258,620,000 shares $156.28 million -5.0%13.9%10.8 $18.13
3/15/20259,070,000 shares $157.73 million -2.5%14.6%11.8 $17.39
2/28/20259,300,000 shares $166.66 million +3.6%15.0%14.7 $17.92
2/15/20258,980,000 shares $162.36 million +1.9%14.5%14.6 $18.08
1/31/20258,810,000 shares $164.22 million -10.2%14.2%12.9 $18.64
1/15/20259,810,000 shares $177.76 million -5.5%15.8%14.8 $18.12
12/31/202410,380,000 shares $180.09 million -3.4%16.8%16.6 $17.35
12/15/202410,750,000 shares $199.74 million +0.2%17.4%16.9 $18.58
11/30/202410,730,000 shares $203.76 million -7.5%17.3%17.8 $18.99
11/15/202411,600,000 shares $219.24 million -1.4%18.7%19.6 $18.90
10/31/202411,770,000 shares $230.22 million +1.5%19.0%25.1 $19.56
10/15/202411,600,000 shares $230.61 million -0.8%18.8%23.5 $19.88
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9/30/202411,690,000 shares $225.73 million -0.2%18.9%22.8 $19.31
9/15/202411,710,000 shares $231.98 million +0.2%18.9%23.5 $19.81
8/31/202411,690,000 shares $226.55 million +2.5%18.9%22.7 $19.38
8/15/202411,400,000 shares $209.87 million +1.4%18.4%23.1 $18.41
7/31/202411,240,000 shares $211.76 million -0.6%18.2%20.9 $18.84
7/15/202411,310,000 shares $190.57 million +0.4%18.3%20.7 $16.85
6/30/202411,270,000 shares $184.83 million -8.2%18.3%21.1 $16.40
6/15/202412,280,000 shares $195.37 million +0.4%19.9%21.8 $15.91
5/31/202412,230,000 shares $193.11 million +4.9%19.8%20.5 $15.79
5/15/202411,660,000 shares $184.69 million +2.7%18.9%16.6 $15.84
4/30/202411,350,000 shares $171.50 million -1.5%18.4%16.4 $15.11
4/15/202411,520,000 shares $165.89 million +1.7%18.5%16.7 $14.40
3/31/202411,330,000 shares $172.67 million -13.0%18.2%16.6 $15.24
3/15/202413,020,000 shares $193.48 million -2.3%20.9%19.4 $14.86
2/29/202413,320,000 shares $203.53 million +7.9%21.3%17.8 $15.28
2/15/202412,350,000 shares $197.60 million +1.3%19.5%17.3 $16.00
1/31/202412,190,000 shares $197.48 million +3.3%19.2%17.5 $16.20
1/15/202411,800,000 shares $193.17 million -6.8%22.3%15.6 $16.37
12/31/202312,660,000 shares $203.07 million +5.0%20.0%16 $16.04
12/15/202312,060,000 shares $186.81 million +10.2%19.0%15.4 $15.49
11/30/202310,940,000 shares $151.52 million +13.8%17.3%15 $13.85
11/15/20239,610,000 shares $133.29 million +7.1%15.2%14.4 $13.87
10/31/20238,970,000 shares $111.32 million +5.8%14.2%13.9 $12.41
10/15/20238,480,000 shares $112.87 million -3.5%13.2%14.2 $13.31
9/30/20238,790,000 shares $114.18 million +0.9%13.7%15.8 $12.99
9/15/20238,710,000 shares $109.40 million -0.1%13.5%16.6 $12.56
8/31/20238,720,000 shares $111.18 million +1.9%13.5%16 $12.75
8/15/20238,560,000 shares $118.90 million +2.0%13.3%14.4 $13.89
7/31/20238,390,000 shares $113.68 million -4.9%13.1%12.7 $13.55
7/15/20238,820,000 shares $110.07 million +0.5%13.7%13.6 $12.48
6/30/20238,780,000 shares $111.77 million -14.8%13.6%13.1 $12.73
6/15/202310,300,000 shares $135.65 million +3.7%16.0%14.6 $13.17
5/31/20239,930,000 shares $133.96 million +10.7%15.4%14.4 $13.49
5/15/20238,970,000 shares $115.80 million +1.7%13.9%12.3 $12.91
4/30/20238,820,000 shares $103.46 million +0.1%13.1%13 $11.73
4/15/20238,810,000 shares $105.90 million +1.6%13.1%12.3 $12.02
3/31/20238,670,000 shares $97.54 million -2.3%12.9%12.1 $11.25
3/15/20238,870,000 shares $101.38 million +5.9%13.2%12.6 $11.43
2/28/20238,380,000 shares $101.15 million -3.6%12.2%12.5 $12.07
2/15/20238,690,000 shares $108.10 million -2.9%12.6%14.2 $12.44
1/31/20238,950,000 shares $113.22 million -5.2%13.0%14.3 $12.65
1/15/20239,440,000 shares $126.21 million -4.2%13.7%16.1 $13.37
12/30/20229,850,000 shares $130.51 million -3.8%14.2%17.4 $13.25
12/15/202210,240,000 shares $132.71 million -1.6%14.8%17.5 $12.96
11/30/202210,410,000 shares $136.68 million +0.7%15.0%17.7 $13.13
11/15/202210,340,000 shares $138.45 million +3.2%14.9%16.1 $13.39
10/31/202210,020,000 shares $135.87 million -1.9%14.5%15.8 $13.56
10/15/202210,210,000 shares $135.08 million -2.0%14.8%15.3 $13.23
9/30/202210,420,000 shares $120.98 million -5.2%15.1%14.6 $11.61
9/15/202210,990,000 shares $136.94 million -5.0%15.9%14.1 $12.46
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8/31/202211,570,000 shares $152.26 million +2.8%16.7%14.4 $13.16
8/15/202211,260,000 shares $163.95 million -2.6%16.3%13.4 $14.56
7/31/202211,560,000 shares $165.77 million +4.4%16.7%13.1 $14.34
7/15/202211,070,000 shares $159.41 million -4.7%16.7%11.6 $14.40
6/30/202211,610,000 shares $171.36 million +4.9%17.5%11.9 $14.76
6/15/202211,070,000 shares $161.18 million -2.6%16.7%10.6 $14.56
5/31/202211,370,000 shares $172.48 million -4.3%16.5%10.8 $15.17
5/15/202211,880,000 shares $188.42 million -3.7%17.2%10.3 $15.86
4/30/202212,340,000 shares $210.52 million -1.5%17.9%9.1 $17.06
4/15/202212,530,000 shares $238.45 million +5.9%18.1%9.9 $19.03
3/31/202211,830,000 shares $228.91 million +2.5%N/A9.5 $19.35
3/15/202211,540,000 shares $212.57 million +15.1%16.7%10.7 $18.42
2/28/202210,030,000 shares $192.68 million +5.0%14.5%10.3 $19.21
2/15/20229,550,000 shares $188.04 million +12.1%13.8%11.5 $19.69
1/31/20228,520,000 shares $136.58 million -4.9%12.4%14.2 $16.03
1/15/20228,960,000 shares $150.26 million -0.4%N/A0 $16.77
12/31/20219,000,000 shares $155.25 million +1.4%13.1%15.5 $17.25
12/15/20218,880,000 shares $153.54 million -5.0%12.9%13.2 $17.29
11/30/20219,350,000 shares $156.33 million -1.7%13.6%12.8 $16.72
11/15/20219,510,000 shares $164.43 million +4.7%13.8%11.7 $17.29
10/29/20219,080,000 shares $158.45 million -0.9%13.2%10.7 $17.45
10/15/20219,160,000 shares $152.15 million -4.9%13.3%11.6 $16.61
9/30/20219,630,000 shares $160.92 million -2.6%14.0%12.4 $16.71
9/15/20219,890,000 shares $148.65 million -0.7%14.3%13.3 $15.03
8/31/20219,960,000 shares $151.99 million +5.3%14.5%13.9 $15.26
8/13/20219,460,000 shares $155.05 million +6.4%13.7%14.2 $16.39
7/30/20218,890,000 shares $126.06 million +2.2%12.9%13.4 $14.18
7/15/20218,700,000 shares $113.88 million +2.1%8.6%13 $13.09
6/30/20218,520,000 shares $114.25 million -4.6%8.5%12.9 $13.41

INVA Short Interest - Frequently Asked Questions

Short interest is the volume of Innoviva shares that have been sold short but have not yet been covered or closed out. As of May 29th, investors have sold 5,859,814 shares of INVA short. 8.10% of Innoviva's shares are currently sold short. Learn More on Innoviva's 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. INVA shares currently have a short interest ratio of 6.2. Learn More on Innoviva'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. 8.10% of Innoviva's floating shares are currently sold short.

Innoviva saw a decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5,859,814 shares, a decrease of 8.4% from the previous total of 6,395,967 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.

8.10% of Innoviva's shares are currently sold short. Here is how the short interest of companies in the industry of "biotechnology" compare to Innoviva: Ligand Pharmaceuticals Incorporated (8.79%), Celldex Therapeutics, Inc. (9.60%), BioCryst Pharmaceuticals, Inc. (14.99%), Novavax, Inc. (28.41%), Zenas BioPharma, Inc. (22.09%), OPKO Health, Inc. (8.70%), MannKind Corporation (10.08%), Lexicon Pharmaceuticals, Inc. (6.86%), Geron Corporation (11.38%), Rigel Pharmaceuticals, Inc. (23.75%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($81.27 billion), Invesco QQQ ($49.06 billion), iShares Russell 2000 ETF ($23.61 billion), Western Digital Corporation ($16.93 billion), Sandisk Corporation ($15.61 billion), Salesforce Inc. ($11.65 billion), SPDR S&P Biotech ETF ($10.52 billion), Nebius Group N.V. ($10.24 billion), Lumentum Holdings Inc. ($8.74 billion), and iShares iBoxx $ High Yield Corporate Bond ETF ($8.21 billion). View all of the most shorted stocks.

Short selling INVA is an investing strategy that aims to generate trading profit from Innoviva as its price is falling. INVA shares are trading up $0.03 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 Innoviva occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of INVA, 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 INVA, twice per month. The most recent reporting period available is May, 29 2026.

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

  • 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.



This page (NASDAQ:INVA) was last updated on 6/18/2026 by MarketBeat.com Staff.
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