Free Trial
→ $100 Trillion “AI Metal” Found in American Ghost Town (From Brownstone Research) (Ad) Free SHOP Stock Alerts

Shopify (SHOP) Short Interest Ratio & Short Volume

Shopify logo
$149.61 -1.46 (-0.97%)
Closing price 08/8/2025 04:00 PM Eastern
Extended Trading
$150.33 +0.72 (+0.48%)
As of 08/8/2025 07:59 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.
Compare

Shopify Short Interest Data

Shopify (SHOP) has a short interest of 26.38 million shares, representing 2.18% of the float (the number of shares available for trading by the public). This marks a -0.23% decrease in short interest from the previous month. The short interest ratio (days to cover) is 2.4, indicating that it would take 2.4 days of the average trading volume of 10.55 million shares to cover all short positions.

Current Short Interest
26,380,000 shares
Previous Short Interest
26,440,000 shares
Change Vs. Previous Month
-0.23%
Dollar Volume Sold Short
$3.04 billion
Short Interest Ratio
2.4 Days to Cover
Last Record Date
July 15, 2025
Outstanding Shares
1,297,381,000 shares
Float Size
1,210,000,000 shares
Short Percent of Float
2.18%
Today's Trading Volume
9,567,891 shares
Average Trading Volume
10,552,143 shares
Today's Volume Vs. Average
91%
Short Selling Shopify?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Shopify and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History
Short Interest ChartDays to Cover ChartShort Percent of Float Chart

SHOP Short Interest Over Time

SHOP Days to Cover Over Time

SHOP Percentage of Float Shorted Over Time

Shopify Short Interest History

Export to Excel
Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
7/15/202526,380,000 shares $3.04 billion -0.2%2.2%2.4 $115.05
6/30/202526,440,000 shares $3.05 billion -5.6%2.2%2.2 $115.35
6/15/202528,010,000 shares $2.95 billion +3.0%2.3%2.2 $105.34
5/31/202527,200,000 shares $2.86 billion +45.4%2.3%2.1 $104.97
5/15/202518,710,000 shares $2.06 billion -12.2%1.6%1.4 $110.21
4/30/202521,320,000 shares $2.03 billion -2.3%1.8%1.8 $95.00
4/15/202521,830,000 shares $1.83 billion +34.2%1.8%2 $83.91
3/31/202516,270,000 shares $1.55 billion +7.4%1.3%1.6 $95.48
3/15/202515,150,000 shares $1.44 billion -4.7%1.3%1.9 $94.88
2/28/202515,890,000 shares $1.78 billion +3.2%1.3%2 $111.97
2/15/202515,400,000 shares $1.98 billion +16.9%1.3%2.1 $128.36
1/31/202513,170,000 shares $1.54 billion -22.0%1.1%1.5 $116.70
1/15/202516,890,000 shares $1.76 billion +4.4%1.4%2.3 $104.31
12/31/202416,180,000 shares $1.72 billion -2.7%1.3%2.2 $106.33
12/15/202416,620,000 shares $1.91 billion +7.8%1.4%2.3 $114.63
11/30/202415,420,000 shares $1.78 billion -9.7%1.3%2.1 $115.60
11/15/202417,070,000 shares $1.85 billion -20.3%1.4%2.4 $108.48
10/31/202421,420,000 shares $1.68 billion -0.9%1.8%3.7 $78.20
10/15/202421,620,000 shares $1.77 billion +3.3%1.8%2.9 $81.94
9/30/202420,940,000 shares $1.68 billion -2.2%1.7%2.6 $80.15
9/15/202421,420,000 shares $1.55 billion -0.9%1.8%2.5 $72.45
8/31/202421,610,000 shares $1.60 billion +0.6%1.8%2.4 $74.07
8/15/202421,490,000 shares $1.61 billion +13.7%1.8%2.1 $74.86
7/31/202418,900,000 shares $1.16 billion +0.4%1.6%1.6 $61.20
7/15/202418,830,000 shares $1.21 billion -4.6%1.6%1.8 $64.23
6/30/202419,730,000 shares $1.30 billion -13.7%1.6%1.9 $66.05
6/15/202422,870,000 shares $1.55 billion +16.2%1.9%2.2 $67.66
5/31/202419,680,000 shares $1.16 billion -0.9%1.6%2 $59.15
5/15/202419,860,000 shares $1.17 billion +24.3%1.7%2.1 $58.77
4/30/202415,980,000 shares $1.12 billion -2.1%1.3%1.6 $70.19
4/15/202416,330,000 shares $1.12 billion -3.8%1.4%1.8 $68.55
3/31/202416,970,000 shares $1.31 billion -6.4%1.4%1.8 $77.17
3/15/202418,130,000 shares $1.40 billion -4.9%1.5%1.9 $77.15
2/29/202419,060,000 shares $1.46 billion -13.6%1.6%1.9 $76.37
2/15/202422,050,000 shares $1.85 billion -14.1%1.8%2 $84.02
1/31/202425,680,000 shares $2.06 billion -1.0%2.5%2.5 $80.07
1/15/202425,930,000 shares $2.11 billion -5.6%2.6%2.3 $81.40
12/31/202327,480,000 shares $2.14 billion +2.8%2.4%2.4 $77.90
12/15/202326,720,000 shares $2.05 billion +2.3%2.3%2.3 $76.89
11/30/202326,110,000 shares $1.90 billion -0.4%2.3%2.3 $72.82
He Called Nvidia at $1.10. Now, He Says THIS Stock Will… (Ad)

The original Magnificent Seven returned 16,894%—turning $7K into $1.18 million. Now, the man who called Nvidia at $1.10 reveals AI’s Next Magnificent Seven… including one stock he says could become America’s next trillion-dollar giant.

See his full breakdown of the seven stocks to own now
11/15/202326,220,000 shares $1.78 billion +6.8%2.3%2.3 $67.86
10/31/202324,560,000 shares $1.16 billion -9.8%2.1%2.2 $47.20
10/15/202327,240,000 shares $1.40 billion -3.3%2.4%2.5 $51.55
9/30/202328,180,000 shares $1.54 billion +5.4%2.4%2.5 $54.57
9/15/202326,730,000 shares $1.67 billion +3.8%2.3%2.4 $62.42
8/31/202325,760,000 shares $1.71 billion +7.0%2.2%2.2 $66.47
8/15/202324,080,000 shares $1.33 billion +13.1%2.1%1.9 $55.34
7/31/202321,290,000 shares $1.44 billion -26.2%1.8%1.5 $67.58
7/15/202328,850,000 shares $1.97 billion +1.7%2.5%1.9 $68.45
6/30/202328,360,000 shares $1.83 billion -21.5%2.5%1.9 $64.60
6/15/202336,140,000 shares $2.39 billion -5.8%3.1%2.3 $66.12
5/31/202338,350,000 shares $2.19 billion -0.6%3.3%2.4 $57.18
5/15/202338,590,000 shares $2.38 billion +7.1%3.4%2.3 $61.58
4/30/202336,020,000 shares $1.75 billion +2.1%3.2%2 $48.45
4/15/202335,270,000 shares $1.64 billion -2.7%3.1%1.9 $46.39
3/31/202336,250,000 shares $1.74 billion -5.6%3.2%1.9 $47.94
3/15/202338,400,000 shares $1.67 billion -16.3%3.4%1.9 $43.54
2/28/202345,890,000 shares $1.89 billion +7.8%4.1%2.2 $41.14
2/15/202342,590,000 shares $2.27 billion -7.7%3.8%2 $53.39
1/31/202346,120,000 shares $2.27 billion +20.1%4.9%2.2 $49.27
1/15/202338,400,000 shares $1.49 billion +13.8%4.1%1.7 $38.89
12/30/202233,740,000 shares $1.17 billion -6.4%3.6%1.4 $34.71
12/15/202236,030,000 shares $1.31 billion +1.1%3.8%1.4 $36.39
11/30/202235,630,000 shares $1.46 billion -1.8%3.8%1.3 $40.88
11/15/202236,280,000 shares $1.45 billion -13.0%3.8%1.3 $40.02
10/31/202241,710,000 shares $1.43 billion +0.5%4.4%1.4 $34.23
10/15/202241,490,000 shares $1.08 billion -15.1%4.4%1.4 $26.06
9/30/202248,880,000 shares $1.32 billion -3.5%5.2%1.6 $26.94
9/15/202250,670,000 shares $1.72 billion +2.8%4.5%1.6 $33.85
8/31/202249,280,000 shares $1.56 billion +8.3%N/A1.5 $31.65
8/15/202245,490,000 shares $1.81 billion -21.5%N/A1.3 $39.84
7/31/202257,950,000 shares $2.02 billion +3.3%N/A1.4 $34.83
7/15/202256,100,000 shares $1.75 billion +33.5%N/A1.3 $31.27
6/30/20224,201,000 shares $131.24 million -22.3%N/A1 $31.24
6/15/20225,260,000 shares $171.49 million -2.2%4.6%1.2 $32.60
5/31/20225,380,000 shares $2.02 billion -1.5%4.7%1.3 $375.12
5/15/20225,460,000 shares $2.20 billion +5.8%4.8%1.4 $402.48
4/30/20225,160,000 shares $2.20 billion +17.5%4.5%1.5 $426.82
4/15/20224,390,000 shares $2.54 billion +8.4%3.9%1.4 $579.51
3/31/20224,050,000 shares $2.74 billion +15.4%3.6%1.4 $675.96
3/15/20223,510,000 shares $1.94 billion +50.0%3.1%1.3 $553.43
2/28/20222,340,000 shares $1.62 billion -6.0%2.1%1 $694.26
2/15/20222,490,000 shares $2.21 billion +4.2%2.2%1.2 $889.50
1/31/20222,390,000 shares $2.30 billion +8.1%2.1%1.4 $964.24
1/15/20222,210,000 shares $2.44 billion +0.9%2.0%1.5 $1,102.91
12/31/20212,190,000 shares $3.02 billion +15.3%1.9%2 $1,377.39
12/15/20211,900,000 shares $2.60 billion +1.6%1.7%1.8 $1,368.08
11/30/20211,870,000 shares $2.85 billion +3.3%1.7%1.9 $1,521.79
11/15/20211,810,000 shares $3.00 billion -17.0%1.6%1.9 $1,656.50
10/29/20212,180,000 shares $3.20 billion +16.0%1.9%2.4 $1,466.73
He Called Nvidia at $1.10. Now, He Says THIS Stock Will… (Ad)

The original Magnificent Seven returned 16,894%—turning $7K into $1.18 million. Now, the man who called Nvidia at $1.10 reveals AI’s Next Magnificent Seven… including one stock he says could become America’s next trillion-dollar giant.

See his full breakdown of the seven stocks to own now
10/15/20211,880,000 shares $2.68 billion +13.9%1.7%2.1 $1,424.58
9/30/20211,650,000 shares $2.24 billion +1.9%1.5%1.7 $1,355.78
9/15/20211,620,000 shares $2.39 billion -8.0%1.4%1.5 $1,474.94
8/31/20211,760,000 shares $2.68 billion +3.5%1.6%1.4 $1,524.78
8/13/20211,700,000 shares $2.55 billion No Change1.5%1.3 $1,498.00
7/15/20211,700,000 shares $2.45 billion +0.6%1.5%1.1 $1,441.50
6/30/20211,690,000 shares $2.47 billion -2.3%1.5%1.2 $1,460.98
6/15/20211,730,000 shares $2.29 billion -3.9%1.5%1.2 $1,321.08
5/28/20211,800,000 shares $2.24 billion +1.7%1.6%1.4 $1,242.87
5/14/20211,770,000 shares $1.85 billion +29.2%N/A1.2 $1,047.77
4/30/20211,370,000 shares $1.69 billion -9.9%N/A0.9 $1,233.07
4/15/20211,520,000 shares $1.79 billion -15.6%N/A1.1 $1,179.86
3/31/20211,800,000 shares $1.89 billion +1.1%N/A1.3 $1,048.68
3/15/20211,780,000 shares $2.03 billion +60.4%N/A1.3 $1,140.63
2/26/20211,110,000 shares $1.38 billion -11.2%N/A0.8 $1,245.10
2/12/20211,250,000 shares $1.83 billion +15.7%N/A0.9 $1,463.31
1/29/20211,080,000 shares $1.21 billion -15.0%N/A0.8 $1,120.57
1/15/20211,270,000 shares $1.50 billion +11.4%N/A0.9 $1,178.86
12/31/20201,140,000 shares $1.33 billion +9.6%N/A0.8 $1,163.00
12/15/20201,040,000 shares $1.10 billion -28.8%N/A0.7 $1,059.17
11/30/20201,460,000 shares $1.51 billion -5.2%N/A0.9 $1,034.39
11/15/20201,540,000 shares $1.41 billion +38.7%N/A0.9 $918.30
10/30/20201,110,000 shares $1.08 billion -21.3%N/A0.6 $977.00
10/15/20201,410,000 shares $1.53 billion -11.9%N/A0.7 $1,082.12
9/30/20201,600,000 shares $1.64 billion +1.3%N/A0.7 $1,022.97
9/15/20201,580,000 shares $1.47 billion -0.6%N/A0.7 $929.39
8/31/20201,590,000 shares $1.70 billion -7.6%N/A0.6 $1,066.42
8/14/20201,720,000 shares $1.70 billion +6.8%N/A0.7 $987.90

SHOP Short Interest - Frequently Asked Questions

What is Shopify's current short interest?

Short interest is the volume of Shopify shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 26,380,000 shares of SHOP short. 2.18% of Shopify's shares are currently sold short. Learn More on Shopify's current short interest.

What is a good short interest ratio for Shopify?

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. SHOP shares currently have a short interest ratio of 2.0. Learn More on Shopify's short interest ratio.

Which institutional investors are shorting Shopify?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shopify: SG Americas Securities LLC, Twin Tree Management LP, Game Plan Financial Advisors LLC, SteelPeak Wealth LLC, CTC LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., Millennium Management LLC, CMT Capital Markets Trading GmbH, Capital Markets Trading UK LLP, Cubist Systematic Strategies LLC, Royal Bank of Canada, Nomura Holdings Inc., Twin Tree Management LP, Susquehanna International Group LLP, HAP Trading LLC, Eisler Capital Management Ltd., PEAK6 LLC, Torno Capital LLC, Jane Street Group LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Maven Securities LTD, Arrowpoint Investment Partners Singapore Pte. Ltd., HighTower Advisors LLC, JPMorgan Chase & Co., and National Bank of Canada FI. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Shopify?

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. 2.18% of Shopify's floating shares are currently sold short.

Is Shopify's short interest increasing or decreasing?

Shopify saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 26,380,000 shares, a decrease of 0.2% from the previous total of 26,440,000 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 Shopify's float size?

Shopify currently has issued a total of 1,297,381,000 shares. Some of Shopify's 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. Shopify currently has a public float of 1,210,000,000 shares.

How does Shopify's short interest compare to its competitors?

2.18% of Shopify's shares are currently sold short. Here is how the short interest of companies compare to Shopify: Affirm Holdings, Inc. (5.58%), Amazon.com, Inc. (0.59%), Etsy, Inc. (21.44%), Global-e Online Ltd. (6.30%), Alphabet Inc. (0.28%), Alphabet Inc. (0.48%), MercadoLibre, Inc. (1.34%), PayPal Holdings, Inc. (3.35%), Roku, Inc. (5.01%), Pinterest, Inc. (3.29%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

What does it mean to sell short Shopify stock?

Short selling SHOP is an investing strategy that aims to generate trading profit from Shopify as its price is falling. SHOP shares are trading down $1.46 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 Shopify?

A short squeeze for Shopify 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 SHOP, which in turn drives the price of the stock up even further.

How often is Shopify'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 SHOP, twice per month. The most recent reporting period available is July, 15 2025.



Related Companies
Short Interest Tools

This page (NYSE:SHOP) was last updated on 8/9/2025 by MarketBeat.com Staff
From Our Partners
Trump’s national nightmare is here
Porter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger ...
Porter & Company | Sponsored
Elon’s Secret Social Security Bombshell
To All Americans Born Before April 16th, 1963: Did Trump Just Give The Green Light To Radically RE-DO Social S...
Banyan Hill Publishing | Sponsored
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new comp...
The Oxford Club | Sponsored
Crypto Income (almost instantly)
How would you like to collect a small percentage of the $4 billion changing hands daily in the crypto market? ...
Awesomely, LLC | Sponsored
One stock to replace Nvidia
I'm a Futurist: Here are 3 stocks better than Nvidia Nvidia's own customers could soon become fierce compet...
InvestorPlace | Sponsored
INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
Right now, we’re witnessing a monumental shift in the world.
Traders Agency | Sponsored
Crypto bros: Meet your replacement
Larry Benedict made $274 million trading on Wall Street… Barron’s ranked his hedge fund in the top 1% world...
Brownstone Research | Sponsored
Utah’s New Oil Find
The Real Reason 218,000 Acres Just Vanished The government just quietly leased 218,000 acres in the middle ...
Stansberry Research | Sponsored