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Novo Nordisk A/S (NVO) Short Interest Ratio & Short Volume

Novo Nordisk A/S logo
$59.10 -0.55 (-0.92%)
Closing price 03:59 PM Eastern
Extended Trading
$59.08 -0.02 (-0.04%)
As of 05:58 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 Polygon.io. Learn more.

Novo Nordisk A/S Short Interest Data

Novo Nordisk A/S (NVO) has a short interest of 28.74 million shares. This marks a 11.48% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.7, indicating that it would take 1.7 days of the average trading volume of 12.18 million shares to cover all short positions.

Current Short Interest
28,740,000 shares
Previous Short Interest
25,780,000 shares
Change Vs. Previous Month
+11.48%
Dollar Volume Sold Short
$1.60 billion
Short Interest Ratio
1.7 Days to Cover
Last Record Date
September 15, 2025
Outstanding Shares
4,465,000,000 shares
Percentage of Shares Shorted
0.64%
Today's Trading Volume
9,646,031 shares
Average Trading Volume
12,178,689 shares
Today's Volume Vs. Average
79%
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NVO Short Interest Over Time

NVO Days to Cover Over Time

NVO Percentage of Float Shorted Over Time

Novo Nordisk A/S Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
9/15/202528,740,000 shares $1.60 billion +11.5%N/A1.7 $55.62
8/31/202525,780,000 shares $1.46 billion +22.7%0.6%1.6 $56.51
8/15/202521,020,000 shares $1.10 billion +1.3%N/A1.4 $52.43
7/31/202520,760,000 shares $976.11 million -12.0%0.5%1.5 $47.02
7/15/202523,580,000 shares $1.59 billion -8.3%N/A2.5 $67.32
6/30/202525,700,000 shares $1.77 billion -3.4%0.6%2.5 $69.06
6/15/202526,610,000 shares $2.13 billion -21.0%0.6%2.6 $79.90
5/31/202533,670,000 shares $2.40 billion +22.1%0.8%3.4 $71.40
5/15/202527,580,000 shares $1.82 billion +9.8%0.6%2.9 $66.07
4/30/202525,120,000 shares $1.67 billion +31.7%N/A2.7 $66.53
4/15/202519,070,000 shares $1.23 billion +30.1%0.4%2.1 $64.46
3/31/202514,660,000 shares $1.02 billion +16.0%0.3%1.7 $69.58
3/15/202512,640,000 shares $976.09 million -6.4%0.3%1.4 $77.22
2/28/202513,510,000 shares $1.23 billion -0.2%0.3%1.5 $90.68
2/15/202513,530,000 shares $1.05 billion -0.3%0.3%1.6 $77.94
1/31/202513,570,000 shares $1.14 billion +64.1%N/A1.7 $84.36
1/15/20258,270,000 shares $686.33 million -0.4%N/A1.1 $82.99
12/31/20248,300,000 shares $713.97 million +76.6%N/A1.3 $86.02
12/15/20244,700,000 shares $502.67 million -17.3%N/A0.8 $106.95
11/30/20245,680,000 shares $606.62 million +15.2%N/A1.1 $106.80
11/15/20244,930,000 shares $501.58 million -18.5%N/A1 $101.74
10/31/20246,050,000 shares $677.36 million -4.9%N/A1.4 $111.96
10/15/20246,360,000 shares $749.40 million -9.5%N/A1.6 $117.83
9/30/20247,030,000 shares $836.92 million +21.2%N/A1.7 $119.05
9/15/20245,800,000 shares $794.60 million +13.1%N/A1.5 $137.00
8/31/20245,130,000 shares $713.89 million -2.7%N/A1.3 $139.16
8/15/20245,270,000 shares $724.99 million +30.1%N/A1.3 $137.57
7/31/20244,050,000 shares $537.15 million +28.6%N/A1 $132.63
7/15/20243,150,000 shares $445.38 million -30.3%N/A0.8 $141.39
6/30/20244,520,000 shares $645.18 million +3.7%N/A1.2 $142.74
6/15/20244,360,000 shares $621.30 million -2.7%N/A1.2 $142.50
5/31/20244,480,000 shares $606.14 million +20.8%N/A1.1 $135.30
5/15/20243,710,000 shares $499.51 million +1.9%N/A0.8 $134.64
4/30/20243,640,000 shares $466.94 million +12.4%N/A0.8 $128.28
4/15/20243,240,000 shares $401.27 million +14.5%N/A0.6 $123.85
3/31/20242,830,000 shares $363.37 million -31.1%N/A0.6 $128.40
3/15/20244,110,000 shares $543.96 million -15.8%N/A0.8 $132.35
2/29/20244,880,000 shares $584.33 million +4.5%N/A1 $119.74
2/15/20244,670,000 shares $568.43 million -37.9%N/A1 $121.72
1/31/20247,520,000 shares $862.47 million +37.7%N/A1.7 $114.69
1/15/20245,460,000 shares $585.09 million -5.0%N/A1.3 $107.16
12/31/20235,750,000 shares $594.84 million -11.1%N/A1.3 $103.45
12/15/20236,470,000 shares $628.04 million +15.5%N/A1.4 $97.07
11/30/20235,600,000 shares $570.33 million -6.2%N/A1.2 $101.85
11/15/20235,970,000 shares $575.63 million +34.8%N/A1.3 $96.42
10/31/20234,430,000 shares $427.81 million -26.3%N/A1 $96.57
10/15/20236,010,000 shares $613.86 million +1.7%N/A1.3 $102.14
9/30/20235,910,000 shares $537.46 million +5.4%N/A1.5 $90.94
9/15/20235,610,000 shares $267.03 million +187.7%0.3%1.6 $47.60
8/31/20231,950,000 shares $362.15 million -4.9%0.1%1.2 $185.72
8/15/20232,050,000 shares $379.50 million +106.0%0.1%1.4 $185.12
7/31/2023995,300 shares $160.34 million -21.0%0.1%0.7 $161.10
7/15/20231,260,000 shares $201.78 million -44.3%0.1%1 $160.14
6/30/20232,260,000 shares $365.74 million +9.2%0.1%1.6 $161.83
6/15/20232,070,000 shares $336.44 million +16.3%0.1%1.5 $162.53
5/31/20231,780,000 shares $285.69 million +14.1%0.1%1.3 $160.50
5/15/20231,560,000 shares $264.31 million +6.1%0.1%1.1 $169.43
4/30/20231,470,000 shares $245.62 million -14.5%0.1%1.1 $167.09
4/15/20231,720,000 shares $289.99 million -26.2%0.1%1.2 $168.60
3/31/20232,330,000 shares $370.80 million +66.4%0.1%1.7 $159.14
3/15/20231,400,000 shares $197.37 million +28.4%0.1%1 $140.98
2/28/20231,090,000 shares $153.68 million -3.5%0.1%0.8 $140.99
2/15/20231,130,000 shares $159.28 million -33.9%0.1%0.8 $140.96
1/31/20231,710,000 shares $237.31 million +3.6%0.1%1.2 $138.78
1/15/20231,650,000 shares $224.93 million -10.3%0.1%1.2 $136.32
12/30/20221,840,000 shares $249.03 million +34.3%0.1%1.4 $135.34
12/15/20221,370,000 shares $183.14 million -34.1%0.1%1 $133.68
11/30/20222,080,000 shares $259.17 million -20.6%0.1%1.6 $124.60
11/15/20222,620,000 shares $297.74 million -1.1%0.2%1.8 $113.64
10/31/20222,650,000 shares $288.43 million -17.7%0.2%1.7 $108.84
10/15/20223,220,000 shares $334.24 million +0.9%0.2%2 $103.80
9/30/20223,190,000 shares $317.82 million +2.2%0.2%1.9 $99.63
9/15/20223,120,000 shares $322.02 million -9.0%0.2%1.9 $103.21
8/31/20223,430,000 shares $363.92 million +48.5%0.2%2.1 $106.10
8/15/20222,310,000 shares $245.71 million +76.3%0.1%1.5 $106.37
7/31/20221,310,000 shares $152.04 million +26.0%0.1%0.9 $116.06
7/15/20221,040,000 shares $118.80 million -46.4%N/A0.7 $114.23
6/30/20221,940,000 shares $216.17 million -22.7%N/A1.3 $111.43
6/15/20222,510,000 shares $266.89 million +46.8%N/A1.7 $106.33
5/31/20221,710,000 shares $188.78 million -29.1%0.1%1.2 $110.40
5/15/20222,410,000 shares $255.56 million +39.3%0.1%1.6 $106.04
4/30/20221,730,000 shares $197.22 million -47.1%0.1%1.2 $114.00
4/15/20223,270,000 shares $386.51 million +58.0%0.2%2.3 $118.20
3/31/20222,070,000 shares $229.87 million -21.3%0.1%1.4 $111.05
3/15/20222,630,000 shares $269.44 million +10.0%0.2%1.7 $102.45
2/28/20222,390,000 shares $246.05 million -4.8%0.1%1.5 $102.95
2/15/20222,510,000 shares $254.41 million -24.6%0.1%1.7 $101.36
1/31/20223,330,000 shares $332.57 million +0.3%0.2%2.4 $99.87
1/15/20223,320,000 shares $319.78 million +18.2%0.2%2.6 $96.32
12/31/20212,810,000 shares $314.72 million +42.6%0.2%2.5 $112.00
12/15/20211,970,000 shares $229.43 million +3.1%0.1%1.9 $116.46
11/30/20211,910,000 shares $204.05 million -26.0%0.1%2.2 $106.83
11/15/20212,580,000 shares $292.80 million +22.3%0.2%2.8 $113.49
10/29/20212,110,000 shares $232.37 million -17.3%0.1%2.2 $110.13
10/15/20212,550,000 shares $260.97 million +8.1%0.2%2.5 $102.34
9/30/20212,360,000 shares $226.58 million -10.3%0.1%2.3 $96.01
9/15/20212,630,000 shares $266.34 million -24.0%0.2%2.6 $101.27
8/31/20213,460,000 shares $345.90 million +19.7%0.2%3.5 $99.97
8/13/20212,890,000 shares $296.98 million -30.5%0.2%3 $102.76
7/30/20214,160,000 shares $385.22 million -11.1%0.2%4.2 $92.60
7/15/20214,680,000 shares $410.01 million -5.1%0.3%5.2 $87.61
6/30/20214,930,000 shares $412.99 million -1.6%0.3%5.6 $83.77
6/15/20215,010,000 shares $423.70 million +7.1%0.3%5.6 $84.57
5/28/20214,680,000 shares $369.25 million +15.0%0.3%5.3 $78.90
5/14/20214,070,000 shares $321.08 million -15.2%0.2%4.6 $78.89
4/30/20214,800,000 shares $356.35 million +11.9%0.3%5 $74.24
4/15/20214,290,000 shares $302.66 million +1.4%0.2%4.4 $70.55
3/31/20214,230,000 shares $287.30 million -0.9%0.2%4.3 $67.92
3/15/20214,270,000 shares $303.21 million -6.2%0.2%4 $71.01
2/26/20214,550,000 shares $329.15 million +4.6%0.3%4.2 $72.34
2/12/20214,350,000 shares $321.60 million -12.7%0.2%4 $73.93
1/29/20214,980,000 shares $351.59 million +1.4%0.3%4.6 $70.60
1/15/20214,910,000 shares $348.76 million +21.2%0.3%4.3 $71.03
12/31/20204,050,000 shares $284.31 million -1.0%0.2%3.6 $70.20
12/15/20204,090,000 shares $281.06 million -17.9%0.2%3.6 $68.72
11/30/20204,980,000 shares $336.35 million -12.2%0.3%4.5 $67.54
11/15/20205,670,000 shares $386.01 million +13.2%0.3%5.3 $68.08
10/30/20205,010,000 shares $332.31 million +21.6%0.3%4.8 $66.33
10/15/20204,120,000 shares $295.53 million -1.2%0.2%4.4 $71.73

NVO Short Interest - Frequently Asked Questions

What is Novo Nordisk A/S's current short interest?

Short interest is the volume of Novo Nordisk A/S shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 28,740,000 shares of NVO short. Learn More on Novo Nordisk A/S's current short interest.

What is a good short interest ratio for Novo Nordisk A/S?

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. NVO shares currently have a short interest ratio of 2.0. Learn More on Novo Nordisk A/S's short interest ratio.

Which institutional investors are shorting Novo Nordisk A/S?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Novo Nordisk A/S: Hudson Bay Capital Management LP, Nomura Holdings Inc., LMR Partners LLP, Hudson Bay Capital Management LP, Group One Trading LLC, Balyasny Asset Management L.P., 683 Capital Management LLC, Jane Street Group LLC, Qube Research & Technologies Ltd, CMT Capital Markets Trading GmbH, Marshall Wace LLP, Walleye Capital LLC, Walleye Trading LLC, Lido Advisors LLC, Hsbc Holdings PLC, Capital Fund Management S.A., DLD Asset Management LP, Eisler Capital Management Ltd., JPMorgan Chase & Co., Citigroup Inc., Simplex Trading LLC, Twin Tree Management LP, and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Novo Nordisk A/S's short interest increasing or decreasing?

Novo Nordisk A/S saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 28,740,000 shares, an increase of 11.5% from the previous total of 25,780,000 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.

How does Novo Nordisk A/S's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Novo Nordisk A/S: Novartis AG (0.22%), AstraZeneca PLC (0.25%), Sanofi (0.20%), GSK PLC Sponsored ADR (0.55%), Takeda Pharmaceutical Co. (0.30%), argenex SE (2.84%), BeOne Medicines Ltd. - Sponsored ADR (1.57%), Insmed, Inc. (5.01%), BioNTech SE Sponsored ADR (2.70%), Teva Pharmaceutical Industries Ltd. (4.81%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($8.81 billion), Canadian Natural Resources Limited ($5.82 billion), Reddit Inc. ($5.19 billion), Coinbase Global, Inc. ($4.52 billion), Robinhood Markets, Inc. ($4.30 billion), Charter Communications, Inc. ($3.75 billion), CoreWeave Inc. ($3.66 billion), Seagate Technology Holdings PLC ($3.57 billion), Live Nation Entertainment, Inc. ($3.33 billion), and Rocket Lab Corporation ($3.26 billion). View all of the most shorted stocks.

What does it mean to sell short Novo Nordisk A/S stock?

Short selling NVO is an investing strategy that aims to generate trading profit from Novo Nordisk A/S as its price is falling. NVO shares are trading down $0.15 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 Novo Nordisk A/S?

A short squeeze for Novo Nordisk A/S 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 NVO, which in turn drives the price of the stock up even further.

How often is Novo Nordisk A/S'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 NVO, twice per month. The most recent reporting period available is September, 15 2025.




This page (NYSE:NVO) was last updated on 10/7/2025 by MarketBeat.com Staff
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