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SPS Commerce (SPSC) Short Interest Ratio & Short Volume

SPS Commerce logo
$57.16 +1.29 (+2.31%)
Closing price 05/7/2026 04:00 PM Eastern
Extended Trading
$56.34 -0.82 (-1.43%)
As of 06:37 AM 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.

SPS Commerce Short Interest Overview

As of April 15, 2026, SPS Commerce (SPSC) had a short interest of 2.59 million shares sold short, representing 7.07% of the public float. This marks a 1.59% increase in short interest since the prior report. The short interest ratio (days to cover) is 3.9, meaning it would take 3.9 days of the average trading volume of 548,180 shares to cover all short positions.

Current Short Interest
2,587,863 shares
Previous Short Interest
2,547,439 shares
Change Vs. Previous Month
1.59%
Dollar Volume Sold Short
$143.26 million
Short Interest Ratio
3.9 Days to Cover
Last Record Date
April 15, 2026
Outstanding Shares
36,710,000 shares
Short Percent of Float
7.07%
Today's Trading Volume
730,059 shares
Average Trading Volume
548,180 shares
Today's Volume Vs. Average
133%
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Skip Charts & View Short Interest History

SPSC Short Interest Over Time

SPSC Days to Cover Over Time

SPSC Percentage of Float Shorted Over Time

SPS Commerce 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
4/15/20262,587,863 shares $143.26 million +1.6%7.1%3.94 $55.36
3/31/20262,547,439 shares $141.82 million -3.6%6.9%3.47 $55.67
3/13/20262,641,219 shares $159.93 million +22.9%7.1%3.73 $60.55
2/27/20262,148,896 shares $121.43 million -2.8%5.8%1.85 $56.51
2/13/20262,211,659 shares $136.95 million +3.8%6.0%2.12 $61.92
1/30/20262,130,819 shares $190.20 million +5.2%5.7%3.74 $89.26
1/15/20262,025,403 shares $184.80 million +7.4%5.4%5.19 $91.24
12/31/20251,886,020 shares $168.10 million -16.4%5.1%3 $89.13
12/15/20252,256,073 shares $194.56 million +4.9%6.0%4.51 $86.24
11/28/20252,151,737 shares $179.26 million +5.0%5.8%5.49 $83.31
11/14/20252,048,975 shares $167.09 million -1.1%5.5%2.98 $81.55
10/31/20252,071,814 shares $170.39 million -3.2%5.5%3.3 $82.24
10/15/20252,140,000 shares $234.01 million +7.5%5.7%4.8 $109.35
9/30/20251,990,000 shares $207.24 million -3.9%N/A4.5 $104.14
9/15/20252,070,000 shares $220.23 million +8.4%N/A4.8 $106.39
8/31/20251,910,000 shares $210.67 million +6.7%5.1%4.6 $110.30
8/15/20251,790,000 shares $200.55 million +1.1%N/A4.6 $112.04
7/31/20251,770,000 shares $192.68 million +1.1%4.7%5 $108.86
7/15/20251,750,000 shares $241.69 million +23.2%N/A5.5 $138.11
6/30/20251,420,000 shares $193.25 million +6.0%3.8%4.4 $136.09
6/15/20251,340,000 shares $180.63 million -6.3%3.6%4.1 $134.80
5/31/20251,430,000 shares $200.99 million -1.4%3.8%4.2 $140.55
5/15/20251,450,000 shares $215.51 million +5.8%3.9%4.3 $148.63
4/30/20251,370,000 shares $196.61 million +15.1%N/A3.6 $143.51
4/15/20251,190,000 shares $155.59 million +17.8%3.2%3.2 $130.75
3/31/20251,010,000 shares $134.06 million -20.5%2.7%2.9 $132.73
3/15/20251,270,000 shares $164.38 million -1.6%3.4%4.2 $129.43
2/28/20251,290,000 shares $171.83 million +8.4%3.5%4.8 $133.20
2/15/20251,190,000 shares $173.99 million +0.9%3.7%4.7 $146.21
1/31/20251,180,000 shares $217.92 million +10.3%N/A5.5 $184.68
1/15/20251,070,000 shares $200.54 million -4.5%N/A5.1 $187.42
12/31/20241,120,000 shares $206.07 million +9.8%N/A5.5 $183.99
12/15/20241,020,000 shares $196.23 million +6.7%N/A4.9 $192.38
11/30/2024956,000 shares $184.57 million +18.5%N/A4.6 $193.07
11/15/2024806,500 shares $142.42 million +12.0%N/A3.9 $176.59
10/31/2024720,000 shares $118.80 million +4.4%N/A3.8 $165.00
10/15/2024689,400 shares $135.00 million +13.6%N/A4 $195.82
9/30/2024607,000 shares $117.86 million -13.5%N/A3.3 $194.17
9/15/2024701,500 shares $135.28 million +1.0%N/A3.8 $192.85
8/31/2024694,900 shares $138.80 million +6.3%N/A3.9 $199.74
8/15/2024653,500 shares $129.36 million +0.1%N/A3.7 $197.95
7/31/2024652,600 shares $140.58 million +31.0%N/A3.6 $215.42
7/15/2024498,000 shares $100.95 million +1.6%N/A2.6 $202.72
6/30/2024490,200 shares $92.24 million +7.3%N/A2.7 $188.16
6/15/2024456,800 shares $84.11 million -8.6%N/A2.5 $184.13
5/31/2024499,600 shares $93.97 million -18.3%N/A2.8 $188.09
5/15/2024611,600 shares $121.51 million +19.9%N/A3.3 $198.67
4/30/2024510,300 shares $88.73 million -16.3%N/A2.5 $173.87
4/15/2024609,600 shares $101.15 million 0.0%N/A3.3 $165.93
3/31/2024609,700 shares $112.73 million -4.0%N/A3.6 $184.90
3/15/2024634,800 shares $114.28 million -11.7%N/A3.9 $180.02
2/29/2024719,000 shares $133.13 million +7.3%N/A4.5 $185.16
2/15/2024670,000 shares $131.77 million -20.2%N/A4.3 $196.67
1/31/2024839,100 shares $154.23 million +2.7%N/A5.5 $183.80
1/15/2024817,300 shares $147.94 million -11.6%N/A5.6 $181.01
12/31/2023924,500 shares $179.21 million +1.1%N/A6.2 $193.84
12/15/2023914,800 shares $168.87 million -5.2%N/A6.1 $184.60
11/30/2023964,800 shares $166.22 million -5.4%N/A6.6 $172.28
11/15/20231,020,000 shares $179.91 million +7.8%N/A7 $176.38
10/31/2023946,000 shares $151.68 million +2.4%N/A6.6 $160.34
10/15/2023923,900 shares $154.40 million -4.6%N/A6.2 $167.12
9/30/2023968,100 shares $165.17 million -1.3%N/A6.1 $170.61
9/15/2023980,500 shares $172.48 million -1.9%N/A5.8 $175.91
8/31/2023999,400 shares $186.02 million +18.3%N/A5.3 $186.13
8/15/2023845,000 shares $148.13 million -1.6%N/A4.3 $175.30
7/31/2023859,000 shares $154.96 million +2.3%N/A4.4 $180.39
7/15/2023839,500 shares $159.22 million -2.8%N/A4.5 $189.66
6/30/2023863,900 shares $165.92 million -0.4%N/A4.9 $192.06
6/15/2023866,900 shares $157.79 million +11.2%N/A5.2 $182.02
5/31/2023779,800 shares $121.49 million +1.2%N/A5.1 $155.80
5/15/2023770,500 shares $120.07 million +5.9%N/A5.1 $155.84
4/30/2023727,400 shares $107.15 million -1.9%N/A4.8 $147.30
4/15/2023741,100 shares $112.27 million -1.3%N/A4.9 $151.49
3/31/2023751,000 shares $114.38 million -2.8%N/A5 $152.30
3/15/2023772,800 shares $113.35 million +14.4%N/A5.4 $146.67
2/28/2023675,500 shares $101.76 million +9.9%N/A4.8 $150.64
2/15/2023614,700 shares $95.92 million +0.2%N/A4.4 $156.05
1/31/2023613,300 shares $83.46 million -1.8%1.7%4.8 $136.08
1/15/2023624,800 shares $83.04 million +0.8%1.8%4.9 $132.90
12/30/2022620,100 shares $79.64 million +1.6%1.7%4.7 $128.43
12/15/2022610,100 shares $77.57 million +0.0%1.7%4.2 $127.15
11/30/2022609,900 shares $86.76 million -7.6%1.7%4.2 $142.26
11/15/2022660,000 shares $88.94 million -8.5%1.9%4.8 $134.76
10/31/2022721,100 shares $91.23 million -1.6%2.0%5.3 $126.52
10/15/2022732,600 shares $88.01 million +11.1%2.1%5.3 $120.13
9/30/2022659,500 shares $81.93 million -19.0%1.9%4.6 $124.23
9/15/2022813,900 shares $99.89 million -16.7%2.3%5.7 $122.73
8/31/2022976,500 shares $119.25 million -4.3%2.7%7.3 $122.12
8/15/20221,020,000 shares $135.35 million -9.7%2.9%7.1 $132.70
7/31/20221,130,000 shares $135.33 million +8.7%3.2%6.8 $119.76
7/15/20221,040,000 shares $108.70 million +5.2%2.9%6.1 $104.52
6/30/2022988,400 shares $111.74 million -2.1%2.8%5.9 $113.05
6/15/20221,010,000 shares $104.02 million +8.8%2.8%6.3 $102.99
5/31/2022928,700 shares $99.41 million +42.3%2.6%6 $107.04
5/15/2022652,600 shares $68.87 million +28.8%1.8%4.1 $105.53
4/30/2022506,800 shares $60.63 million +11.8%1.4%3.4 $119.63
4/15/2022453,300 shares $56.49 million -4.1%1.3%3 $124.63
3/31/2022472,900 shares $62.04 million -16.3%1.3%2.9 $131.20
3/15/2022564,700 shares $68.42 million +10.2%1.6%3.4 $121.17
2/28/2022512,500 shares $66.55 million -11.4%1.4%2.8 $129.85
2/15/2022578,200 shares $75.63 million +29.7%N/A3.3 $130.80
1/31/2022445,900 shares $55.22 million -28.0%1.3%2.6 $123.85
1/15/2022619,600 shares $73.93 million -1.8%1.7%3.3 $119.32
12/31/2021630,900 shares $89.81 million -18.8%1.8%3.6 $142.35
12/15/2021777,000 shares $111.66 million +24.2%2.2%4 $143.71
11/30/2021625,700 shares $88.22 million -16.1%1.8%2.9 $140.99
11/15/2021745,400 shares $110.04 million +15.0%2.1%3.5 $147.63
10/29/2021648,000 shares $98.97 million -1.2%1.8%2.9 $152.73
10/15/2021655,600 shares $106.82 million -21.1%1.9%3.2 $162.94
9/30/2021830,600 shares $133.98 million -2.5%2.3%4.2 $161.31
9/15/2021851,900 shares $125.00 million +3.8%2.4%4.8 $146.73
8/31/2021820,900 shares $111.26 million +14.4%2.3%5.4 $135.53
8/13/2021717,400 shares $83.63 million +3.2%2.0%5 $116.57
7/30/2021695,300 shares $75.75 million +1.9%2.0%5.5 $108.95
7/15/2021682,100 shares $65.69 million -3.3%1.9%5.4 $96.31
6/30/2021705,200 shares $70.41 million -17.5%2.0%5.4 $99.85
6/15/2021854,500 shares $83.53 million +1.1%2.4%6.2 $97.75
5/28/2021844,900 shares $79.30 million +2.0%2.4%6 $93.86
5/14/2021828,700 shares $76.97 million +5.6%N/A5.1 $92.88

SPSC Short Interest - Frequently Asked Questions

What is SPS Commerce's current short interest?

Short interest is the volume of SPS Commerce shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 2,587,863 shares of SPSC short. 7.07% of SPS Commerce's shares are currently sold short. Learn More on SPS Commerce's current short interest.

What is a good short interest ratio for SPS Commerce?

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. SPSC shares currently have a short interest ratio of 3.9. Learn More on SPS Commerce's short interest ratio.

What is a good short interest percentage for SPS Commerce?

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. 7.07% of SPS Commerce's floating shares are currently sold short.

Is SPS Commerce's short interest increasing or decreasing?

SPS Commerce saw a increase in short interest in April. As of April 15th, there was short interest totaling 2,587,863 shares, an increase of 1.6% from the previous total of 2,547,439 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 SPS Commerce's short interest compare to its competitors?

7.07% of SPS Commerce's shares are currently sold short. Here is how the short interest of companies compare to SPS Commerce: Opendoor Technologies Inc. (13.21%), Cimpress plc (9.51%), Ziff Davis, Inc. (11.14%), Yelp Inc. (15.82%), Liquidity Services, Inc. (3.24%), QuinStreet, Inc. (7.32%), TechTarget, Inc. (2.88%), Angi Inc. (15.14%), DHI Group, Inc. (0.90%), Travelzoo (9.85%),

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 ($87.50 billion), Invesco QQQ ($42.26 billion), iShares Russell 2000 ETF ($24.79 billion), Salesforce Inc. ($13.16 billion), SPDR S&P Biotech ETF ($10.01 billion), Western Digital Corporation ($9.77 billion), Sandisk Corporation ($8.69 billion), iShares 20+ Year Treasury Bond ETF ($8.06 billion), CoreWeave Inc. ($7.67 billion), and iShares iBoxx $ High Yield Corporate Bond ETF ($7.64 billion). View all of the most shorted stocks.

What does it mean to sell short SPS Commerce stock?

Short selling SPSC is an investing strategy that aims to generate trading profit from SPS Commerce as its price is falling. SPSC shares are trading up $1.29 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 SPS Commerce?

A short squeeze for SPS Commerce 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 SPSC, which in turn drives the price of the stock up even further.

How often is SPS Commerce'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 SPSC, twice per month. The most recent reporting period available is April, 15 2026.

What do SPSC's short interest metrics mean?

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

  • 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:SPSC) was last updated on 5/8/2026 by MarketBeat.com Staff.
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