Strategy (MSTR) Short Interest Ratio & Short Volume

Short interest is the volume of Strategy shares that have been sold short but have not yet been covered or closed out. As of May 31st, traders have sold 23,520,000 shares of MSTR short. 10.80% of Strategy's shares are currently sold short. Learn More on Strategy'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. MSTR shares currently have a short interest ratio of 2.0. Learn More on Strategy's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Strategy: Quaker Wealth Management LLC, CTC LLC, Goldman Sachs Group Inc., Ursa Fund Management LLC, Parallax Volatility Advisers L.P., BW Gestao de Investimentos Ltda., AQR Arbitrage LLC, 683 Capital Management LLC, CMT Capital Markets Trading GmbH, HBK Investments L P, Paloma Partners Management Co, Cubist Systematic Strategies LLC, Caption Management LLC, Nomura Holdings Inc., DRW Securities LLC, Twin Tree Management LP, Sculptor Capital LP, OLD Mission Capital LLC, HAP Trading LLC, Itau Unibanco Holding S.A., MYDA Advisors LLC, PEAK6 LLC, Nishkama Capital LLC, Jane Street Group LLC, Walleye Trading LLC, Walleye Capital LLC, Equitec Proprietary Markets LLC, Capital Fund Management S.A., Garda Capital Partners LP, Maven Securities LTD, Wellington Management Group LLP, Marathon Trading Investment Management LLC, Arrowpoint Investment Partners Singapore Pte. Ltd., American Alpha Advisors LLC, Simplex Trading LLC, JPMorgan Chase & Co., Private Wealth Advisors LLC, Wolverine Asset Management LLC, National Bank of Canada FI, Citigroup Inc., Belvedere Trading LLC, Levin Capital Strategies L.P., Warberg Asset Management LLC, BIT Capital GmbH, LPL Financial LLC, Private Advisor Group LLC, Portman Square Capital LLP, Cannon Global Investment Management LLC, SG Americas Securities LLC, IMC Chicago LLC, and Secure Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 10.80% of Strategy's floating shares are currently sold short.

Strategy saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 23,520,000 shares, a decrease of 14.2% from the previous total of 27,410,000 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.

10.80% of Strategy's shares are currently sold short. Here is how the short interest of companies compare to Strategy: Salesforce, Inc. (1.55%), Intuit Inc. (1.48%), Adobe Inc. (1.71%), Cadence Design Systems, Inc. (1.35%), Synopsys, Inc. (3.06%), Workday, Inc. (2.83%), Autodesk, Inc. (1.22%), Fair Isaac Co. (3.34%), ANSYS, Inc. (2.41%), Tyler Technologies, Inc. (2.39%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), Strategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling MSTR is an investing strategy that aims to generate trading profit from Strategy as its price is falling. MSTR shares are trading up $3.11 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 Strategy 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 MSTR, 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 MSTR, twice per month. The most recent reporting period available is May, 31 2025.