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SoFi Technologies (SOFI) Short Interest Ratio & Short Volume

$7.01
-0.25 (-3.44%)
(As of 09/6/2024 ET)

SoFi Technologies Short Interest Data

SoFi Technologies (SOFI) has a short interest of 192.75 million shares, representing 19.08% of the float (the number of shares available for trading by the public). This marks a 6.20% increase in short interest from the previous month. The short interest ratio (days to cover) is 5.2, indicating that it would take 5.2 days of the average trading volume of 46.01 million shares to cover all short positions.

Current Short Interest
192,750,000 shares
Previous Short Interest
181,500,000 shares
Change Vs. Previous Month
+6.20%
Dollar Volume Sold Short
$1.33 billion
Short Interest Ratio
5.2 Days to Cover
Last Record Date
August 15, 2024
Outstanding Shares
1,057,223,000 shares
Float Size
1,010,000,000 shares
Short Percent of Float
19.08%
Today's Trading Volume
46,372,027 shares
Average Trading Volume
46,012,277 shares
Today's Volume Vs. Average
101%
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SOFI Short Interest Over Time

SOFI Days to Cover Over Time

SOFI Percentage of Float Shorted Over Time

SoFi Technologies Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/15/2024192,750,000 shares $1.33 billion +6.2%19.1%5.2 $6.91
7/31/2024181,500,000 shares $1.37 billion -1.9%18.0%4.9 $7.54
7/15/2024184,980,000 shares $1.36 billion -1.1%18.3%4.7 $7.33
6/30/2024187,000,000 shares $1.24 billion +0.5%18.5%4.9 $6.61
6/15/2024186,070,000 shares $1.20 billion +1.2%18.4%4.7 $6.46
5/31/2024183,810,000 shares $1.27 billion +2.5%18.6%4.4 $6.90
5/15/2024179,420,000 shares $1.30 billion -1.8%18.2%3.7 $7.27
4/30/2024182,720,000 shares $1.24 billion +1.5%18.6%3.7 $6.78
4/15/2024180,070,000 shares $1.28 billion +4.9%18.4%3.3 $7.12
3/31/2024171,640,000 shares $1.25 billion -18.2%19.0%3.1 $7.30
3/15/2024209,900,000 shares $1.48 billion +36.0%23.2%3.8 $7.03
2/29/2024154,360,000 shares $1.39 billion -2.5%17.1%2.8 $8.98
2/15/2024158,280,000 shares $1.35 billion +5.0%17.9%3.1 $8.53
1/31/2024150,790,000 shares $1.18 billion +27.2%17.0%3 $7.83
1/15/2024118,550,000 shares $935.36 million +0.4%13.4%2.7 $7.89
12/31/2023118,040,000 shares $1.17 billion -8.1%13.3%2.9 $9.95
12/15/2023128,380,000 shares $1.20 billion -10.0%14.5%3.3 $9.35
11/30/2023142,650,000 shares $1.04 billion +8.9%16.1%4.1 $7.29
11/15/2023131,000,000 shares $965.47 million +11.5%14.8%4.2 $7.37
10/31/2023117,490,000 shares $887.05 million +7.3%13.4%4 $7.55
10/15/2023109,460,000 shares $888.82 million -2.3%12.5%3.6 $8.12
9/30/2023112,060,000 shares $895.36 million +9.3%12.9%3.4 $7.99
9/15/2023102,520,000 shares $929.86 million -1.5%11.8%2.9 $9.07
8/31/2023104,100,000 shares $901.51 million +0.1%11.9%2.3 $8.66
8/15/2023104,050,000 shares $870.90 million -9.0%11.9%2 $8.37
7/31/2023114,370,000 shares $1.31 billion -7.6%13.3%2.1 $11.45
7/15/2023123,740,000 shares $1.12 billion +0.4%15.1%2.3 $9.08
6/30/2023123,300,000 shares $1.03 billion -6.9%15.1%2.4 $8.34
6/15/2023132,450,000 shares $1.26 billion +19.9%16.2%2.7 $9.55
5/31/2023110,480,000 shares $766.73 million +6.5%14.2%2.5 $6.94
5/15/2023103,710,000 shares $494.70 million +6.8%13.4%2.9 $4.77
4/30/202397,130,000 shares $605.12 million +1.2%12.5%2.9 $6.23
4/15/202395,960,000 shares $568.08 million +4.7%12.4%2.8 $5.92
3/31/202391,700,000 shares $556.62 million +10.1%11.9%2.5 $6.07
3/15/202383,280,000 shares $450.54 million +8.7%10.8%2.2 $5.41
2/28/202376,590,000 shares $505.49 million +3.2%9.9%2.1 $6.60
2/15/202374,210,000 shares $538.02 million -11.2%9.7%1.9 $7.25
1/31/202383,520,000 shares $578.79 million -7.1%11.0%1.9 $6.93
1/15/202389,890,000 shares $489.00 million -13.0%11.8%2.1 $5.44
12/30/2022103,350,000 shares $476.44 million -1.9%13.6%2.4 $4.61
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12/15/2022105,400,000 shares $488.00 million -1.5%13.9%2.5 $4.63
11/30/2022106,990,000 shares $516.76 million +14.7%14.1%2.4 $4.83
11/15/202293,260,000 shares $545.57 million -6.0%12.3%2.1 $5.85
10/31/202299,240,000 shares $539.87 million +2.6%14.0%2.2 $5.44
10/15/202296,700,000 shares $465.13 million +0.1%13.6%2.3 $4.81
9/30/202296,620,000 shares $471.51 million -1.9%13.6%2.4 $4.88
9/15/202298,510,000 shares $631.45 million -4.6%13.9%2.5 $6.41
8/31/2022103,230,000 shares $611.12 million -13.2%14.6%2.6 $5.92
8/15/2022118,910,000 shares $906.09 million -8.8%16.8%3.1 $7.62
7/31/2022130,430,000 shares $823.01 million -6.4%19.8%3.2 $6.31
7/15/2022139,300,000 shares $876.20 million +6.5%21.7%3.5 $6.29
6/30/2022130,840,000 shares $689.53 million -0.7%20.5%2.9 $5.27
6/15/2022131,730,000 shares $782.48 million +0.5%20.7%2.8 $5.94
5/31/2022131,100,000 shares $980.63 million -8.4%20.6%2.6 $7.48
5/15/2022143,110,000 shares $965.99 million -1.1%22.5%2.5 $6.75
4/30/2022144,630,000 shares $885.14 million +2.1%22.8%2.6 $6.12
4/15/2022141,710,000 shares $1.03 billion +9.2%22.5%2.3 $7.26
3/31/2022129,770,000 shares $1.23 billion +1.1%21.4%2 $9.45
3/15/2022128,360,000 shares $1.05 billion +7.7%23.3%2.1 $8.20
2/28/2022119,150,000 shares $1.36 billion +17.7%21.4%2.1 $11.45
2/15/2022101,250,000 shares $1.27 billion +6.1%18.2%1.9 $12.58
1/31/202295,410,000 shares $1.19 billion +33.9%16.9%2 $12.48
1/15/202271,280,000 shares $940.90 million +12.6%12.6%1.7 $13.20
12/31/202163,290,000 shares $1.00 billion +11.9%N/A2 $15.81
12/15/202156,550,000 shares $857.30 million +23.6%10.0%1.9 $15.16
11/30/202145,760,000 shares $787.07 million -1.7%8.4%1.5 $17.20
11/15/202146,560,000 shares $1.07 billion +0.7%9.2%1.7 $22.92
10/29/202146,240,000 shares $928.96 million -0.1%9.3%1.8 $20.09
10/15/202146,270,000 shares $896.71 million +36.4%9.4%1.9 $19.38
9/30/202133,930,000 shares $538.81 million +38.5%6.9%1.6 $15.88
9/15/202124,500,000 shares $378.53 million +16.3%5.0%1.1 $15.45
8/31/202121,060,000 shares $298.63 million +32.5%4.3%1.2 $14.18
8/13/202115,890,000 shares $238.19 million No Change4.2%1 $14.99

SOFI Short Interest - Frequently Asked Questions

What is SoFi Technologies' current short interest?

Short interest is the volume of SoFi Technologies shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 192,750,000 shares of SOFI short. 19.08% of SoFi Technologies' shares are currently sold short. Learn More on SoFi Technologies' current short interest.

What is a good short interest ratio for SoFi Technologies?

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. SOFI shares currently have a short interest ratio of 5.0. Learn More on SoFi Technologies's short interest ratio.

Which institutional investors are shorting SoFi Technologies?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of SoFi Technologies: Point72 Asset Management L.P., Susquehanna International Group LLP, Sculptor Capital LP, Shaolin Capital Management LLC, Squarepoint Ops LLC, Cubist Systematic Strategies LLC, Bank of Montreal Can, Garden State Investment Advisory Services LLC, EMG Holdings L.P., National Bank of Canada FI, and Waller Financial Planning Group Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for SoFi Technologies?

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. 19.08% of SoFi Technologies' floating shares are currently sold short.

Is SoFi Technologies' short interest increasing or decreasing?

SoFi Technologies saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 192,750,000 shares, an increase of 6.2% from the previous total of 181,500,000 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.

What is SoFi Technologies' float size?

SoFi Technologies currently has issued a total of 1,057,223,000 shares. Some of SoFi Technologies' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. SoFi Technologies currently has a public float of 1,010,000,000 shares.

How does SoFi Technologies' short interest compare to its competitors?

19.08% of SoFi Technologies' shares are currently sold short. Here is how the short interest of companies compare to SoFi Technologies: Air Lease Co. (3.39%), Opendoor Technologies Inc. (15.10%), Archer Aviation Inc. (30.22%), ChargePoint Holdings, Inc. (26.71%), BARK, Inc. (12.82%), Nerdy, Inc. (12.54%), Royalty Pharma plc (3.73%), AerCap Holdings (1.33%), ORIX Co. (0.06%), Banco Bradesco S.A. (0.00%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

What does it mean to sell short SoFi Technologies stock?

Short selling SOFI is an investing strategy that aims to generate trading profit from SoFi Technologies as its price is falling. SOFI shares are trading down $0.25 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.

How does a short squeeze work against SoFi Technologies?

A short squeeze for SoFi Technologies 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 SOFI, which in turn drives the price of the stock up even further.

How often is SoFi Technologies' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SOFI, twice per month. The most recent reporting period available is August, 15 2024.



This page (NASDAQ:SOFI) was last updated on 9/7/2024 by MarketBeat.com Staff

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