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Sapiens International (SPNS) Short Interest Ratio & Short Volume

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Sapiens International Short Interest Overview

As of December 15, 2025, Sapiens International (SPNS) had a short interest of 645,549 shares sold short, representing 1.37% of the public float. This marks a -17.49% decrease in short interest since the prior report. The short interest ratio (days to cover) is 1.3, meaning it would take 1.3 days of the average trading volume of 572,959 shares to cover all short positions.

Current Short Interest
645,549 shares
Previous Short Interest
782,386 shares
Change Vs. Previous Month
-17.49%
Dollar Volume Sold Short
$28.04 million
Short Interest Ratio
1.3 Days to Cover
Last Record Date
December 15, 2025
Outstanding Shares
56,000,000 shares
Short Percent of Float
1.37%
Today's Trading Volume
1,330,400 shares
Average Trading Volume
572,959 shares
Today's Volume Vs. Average
232%
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Skip Charts & View Short Interest History

SPNS Short Interest Over Time

SPNS Days to Cover Over Time

SPNS Percentage of Float Shorted Over Time

Sapiens International 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
12/15/2025645,549 shares $28.04 million -17.5%1.4%1.34 $43.44
11/28/2025782,386 shares $33.86 million +28.4%1.7%1.44 $43.28
11/14/2025609,351 shares $26.31 million -5.5%1.3%1.91 $43.18
10/31/2025645,091 shares $27.77 million -24.2%1.4%1.51 $43.05
10/15/2025851,400 shares $36.63 million -0.7%2.8%0.8 $43.02
9/30/2025857,000 shares $36.85 million +23.1%2.8%0.9 $43.00
9/15/2025696,400 shares $29.95 million -37.3%2.3%0.8 $43.00
8/31/20251,110,000 shares $47.62 million +12.7%3.6%1.4 $42.90
8/15/2025984,600 shares $42.03 million +22.6%3.2%1.4 $42.69
7/31/2025803,000 shares $22.01 million -11.0%2.6%4.3 $27.41
7/15/2025901,700 shares $26.70 million +19.4%2.9%5.3 $29.61
6/30/2025755,200 shares $22.09 million -6.6%2.5%4.6 $29.25
6/15/2025808,200 shares $22.58 million -3.6%2.6%5 $27.94
5/31/2025838,500 shares $24.08 million +0.6%2.7%5.2 $28.72
5/15/2025833,600 shares $23.77 million +117.4%2.7%5.2 $28.51
4/30/2025383,400 shares $10.50 million +1.2%1.3%2.3 $27.39
4/15/2025378,700 shares $9.94 million +3.8%1.2%2.3 $26.24
3/31/2025364,800 shares $9.88 million +15.6%1.2%1.9 $27.09
3/15/2025315,600 shares $8.73 million +27.1%1.0%1.8 $27.66
2/28/2025248,300 shares $6.84 million +28.7%0.8%1.3 $27.55
2/15/2025193,000 shares $5.09 million +18.2%0.6%1 $26.39
1/31/2025163,300 shares $4.47 million -35.4%0.5%0.8 $27.36
1/15/2025252,800 shares $6.55 million -4.9%0.8%1.4 $25.90
12/31/2024265,800 shares $7.14 million +4.4%0.9%1.7 $26.87
12/15/2024254,700 shares $7.25 million -16.8%0.8%1.8 $28.48
11/30/2024306,000 shares $8.36 million -13.9%1.0%2.3 $27.33
11/15/2024355,200 shares $9.95 million +24.9%1.2%3 $28.00
10/31/2024284,300 shares $10.48 million +4.3%0.9%3 $36.88
10/15/2024272,500 shares $9.80 million +1.1%0.9%2.5 $35.98
9/30/2024269,600 shares $10.05 million -8.1%0.9%2 $37.27
9/15/2024293,500 shares $10.55 million -7.6%1.0%2 $35.96
8/31/2024317,500 shares $11.55 million -17.7%1.0%2.2 $36.39
8/15/2024385,600 shares $14.06 million +10.1%1.3%2.5 $36.45
7/31/2024350,400 shares $13.63 million -0.9%1.2%2.2 $38.90
7/15/2024353,700 shares $13.61 million +36.7%1.2%2.4 $38.49
6/30/2024258,800 shares $8.78 million -13.6%0.9%2 $33.93
6/15/2024299,600 shares $9.94 million +41.3%1.0%2.1 $33.17
5/31/2024212,100 shares $7.11 million -1.3%0.7%1.5 $33.52
5/15/2024214,800 shares $7.44 million +11.6%0.7%1.5 $34.65
4/30/2024192,500 shares $5.93 million -12.4%0.6%1.4 $30.80
4/15/2024219,700 shares $6.77 million +28.3%0.7%1.7 $30.80
3/31/2024171,200 shares $5.51 million -20.5%0.6%1.4 $32.16
3/15/2024215,300 shares $6.45 million +18.9%0.7%2.1 $29.96
2/29/2024181,100 shares $5.57 million +3.7%0.6%1.7 $30.77
2/15/2024174,700 shares $5.05 million +7.8%0.6%1.7 $28.92
1/31/2024162,000 shares $4.42 million +8.2%0.5%1.5 $27.30
1/15/2024149,700 shares $4.08 million -5.9%0.5%1.2 $27.23
12/31/2023159,000 shares $4.60 million -13.1%0.5%1.2 $28.94
12/15/2023183,000 shares $5.12 million -2.6%0.6%1.5 $27.96
11/30/2023187,900 shares $4.83 million +1.5%0.6%1.5 $25.73
11/15/2023185,200 shares $4.70 million -15.1%0.6%1.4 $25.38
10/31/2023218,000 shares $5.56 million +2.5%0.7%1.6 $25.50
10/15/2023212,600 shares $5.54 million +11.4%0.7%1.6 $26.08
9/30/2023190,900 shares $5.43 million -1.9%0.6%1.4 $28.43
9/15/2023194,500 shares $5.58 million +0.6%0.6%1.4 $28.69
8/31/2023193,400 shares $5.78 million -31.3%0.6%1.3 $29.89
8/15/2023281,600 shares $8.59 million +35.7%0.9%1.9 $30.51
7/31/2023207,500 shares $5.59 million -10.9%0.7%1.4 $26.94
7/15/2023232,800 shares $6.21 million +2.5%0.8%1.8 $26.66
6/30/2023227,100 shares $6.04 million -34.5%0.7%1.9 $26.60
6/15/2023346,500 shares $9.40 million -16.5%1.1%3 $27.14
5/31/2023414,700 shares $10.30 million +13.8%1.3%3.7 $24.84
5/15/2023364,300 shares $8.49 million -10.4%1.2%3.4 $23.31
4/30/2023406,500 shares $8.18 million -6.2%1.3%4 $20.13
4/15/2023433,500 shares $9.26 million -10.8%1.4%4.2 $21.36
3/31/2023485,700 shares $10.55 million +55.1%1.6%4.3 $21.72
3/15/2023313,200 shares $6.04 million -11.8%1.0%2.8 $19.28
2/28/2023354,900 shares $7.32 million -12.6%1.2%3 $20.62
2/15/2023405,900 shares $9.08 million -15.8%1.3%3.3 $22.36
1/31/2023481,800 shares $10.92 million -0.5%1.6%3.7 $22.66
1/15/2023484,400 shares $10.28 million -15.2%1.6%3.6 $21.22
12/30/2022571,000 shares $10.55 million +9.7%1.9%4.2 $18.48
12/15/2022520,600 shares $9.59 million -19.6%1.7%3.7 $18.43
11/30/2022647,300 shares $12.60 million -10.6%2.1%4.7 $19.46
11/15/2022724,400 shares $14.13 million +5.7%2.3%4.9 $19.51
10/31/2022685,500 shares $13.48 million -16.5%2.2%4.4 $19.67
10/15/2022820,500 shares $15.11 million -7.7%2.7%4.7 $18.42
9/30/2022889,000 shares $17.05 million -1.4%2.9%4.9 $19.18
9/15/2022901,900 shares $18.36 million +8.2%2.9%4.8 $20.36
8/31/2022833,700 shares $18.44 million +5.4%2.7%3.5 $22.12
8/15/2022791,200 shares $17.91 million +4.3%2.6%3.1 $22.64
7/31/2022758,900 shares $19.97 million -27.7%2.5%3.1 $26.31
7/15/20221,050,000 shares $26.44 million -1.9%3.4%4.9 $25.18
6/30/20221,070,000 shares $25.88 million -25.7%3.5%5.3 $24.19
6/15/20221,440,000 shares $31.77 million +142.4%4.7%7.4 $22.06
5/31/2022594,100 shares $15.05 million +17.4%1.9%4.6 $25.33
5/15/2022505,900 shares $12.27 million +16.0%1.6%5.4 $24.25
4/30/2022436,100 shares $10.13 million +9.3%1.4%4.8 $23.24
4/15/2022398,900 shares $10.04 million +2.5%1.3%4.9 $25.16
3/31/2022389,300 shares $9.88 million +12.6%1.3%4.9 $25.39
3/15/2022345,900 shares $8.61 million +7.8%1.1%4.4 $24.89
2/28/2022321,000 shares $8.66 million +0.8%1.0%4.2 $26.99
2/15/2022318,400 shares $9.95 million +40.0%1.0%4.1 $31.25
1/31/2022227,400 shares $7.24 million -4.4%0.7%2.7 $31.84
1/15/2022237,900 shares $7.68 million -0.1%0.8%2.6 $32.27
12/31/2021238,100 shares $8.20 million -25.1%0.8%2.3 $34.45
12/15/2021318,000 shares $11.19 million +32.4%1.0%3 $35.20
11/30/2021240,200 shares $8.52 million -11.7%0.8%2.2 $35.47
11/15/2021271,900 shares $10.16 million -37.4%0.9%2.6 $37.36
10/29/2021434,600 shares $15.18 million -6.2%1.4%4.5 $34.93
10/15/2021463,200 shares $15.32 million -2.6%1.5%4.7 $33.07
9/30/2021475,300 shares $13.68 million -1.4%1.6%4.9 $28.78
9/15/2021481,800 shares $13.61 million -23.4%1.6%4.5 $28.24
8/31/2021629,000 shares $17.95 million -3.1%2.1%5.5 $28.54
8/13/2021649,100 shares $18.28 million +17.1%2.1%5.2 $28.16
7/30/2021554,400 shares $13.98 million -4.3%1.8%4.1 $25.21
7/15/2021579,100 shares $14.62 million +33.2%2.1%4.5 $25.24
6/30/2021434,700 shares $11.42 million +6.9%1.6%3.4 $26.27
6/15/2021406,600 shares $11.15 million +25.3%1.5%3.2 $27.42
5/28/2021324,600 shares $9.32 million +8.6%1.2%2.8 $28.71
5/14/2021299,000 shares $8.14 million +15.8%1.1%2.5 $27.22

SPNS Short Interest - Frequently Asked Questions

What is Sapiens International's current short interest?

Short interest is the volume of Sapiens International shares that have been sold short but have not yet been covered or closed out. As of December 15th, investors have sold 645,549 shares of SPNS short. 1.37% of Sapiens International's shares are currently sold short. Learn More on Sapiens International's current short interest.

What is a good short interest ratio for Sapiens International?

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. SPNS shares currently have a short interest ratio of 1.3. Learn More on Sapiens International's short interest ratio.

Which institutional investors are shorting Sapiens International?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Sapiens International: DV Equities LLC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Sapiens International?

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. 1.37% of Sapiens International's floating shares are currently sold short.

Is Sapiens International's short interest increasing or decreasing?

Sapiens International saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 645,549 shares, a drop of 17.5% from the previous total of 782,386 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.

How does Sapiens International's short interest compare to its competitors?

1.37% of Sapiens International's shares are currently sold short. Here is how the short interest of companies compare to Sapiens International: FactSet Research Systems Inc. (13.27%), Manhattan Associates, Inc. (4.42%), Pegasystems Inc. (9.85%), ACI Worldwide, Inc. (4.29%), NetScout Systems, Inc. (3.56%), JPMorgan International Value ETF (0.21%), ePlus inc. (4.67%), Blackbaud, Inc. (5.55%), Digimarc Corporation (16.87%), Synchronoss Technologies, Inc. (4.93%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($77.25 billion), Invesco QQQ ($30.38 billion), iShares Russell 2000 ETF ($22.66 billion), iShares 20+ Year Treasury Bond ETF ($13.15 billion), AppLovin Corporation ($10.29 billion), SPDR S&P Biotech ETF ($9.89 billion), Palo Alto Networks, Inc. ($8.34 billion), Carvana Co. ($6.40 billion), Western Digital Corporation ($5.39 billion), and iShares MSCI EAFE ETF ($5.36 billion). View all of the most shorted stocks.

What does it mean to sell short Sapiens International stock?

Short selling SPNS is an investing strategy that aims to generate trading profit from Sapiens International as its price is falling. SPNS shares are trading up $0.01 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 Sapiens International?

A short squeeze for Sapiens International 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 SPNS, which in turn drives the price of the stock up even further.

How often is Sapiens International's 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 SPNS, twice per month. The most recent reporting period available is December, 15 2025.

What do SPNs' short interest metrics mean?

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

  • 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:SPNS) was last updated on 5/6/2026 by MarketBeat.com Staff.
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