Shopify (SHOP) Short Interest Ratio & Short Volume $114.13 +3.87 (+3.51%) Closing price 04:00 PM EasternExtended Trading$114.20 +0.06 (+0.06%) As of 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. Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Shopify Short Interest DataShopify (SHOP) has a short interest of 27.20 million shares, representing 2.25% of the float (the number of shares available for trading by the public). This marks a 45.38% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.1, indicating that it would take 2.1 days of the average trading volume of 9.41 million shares to cover all short positions.Current Short Interest27,200,000 sharesPrevious Short Interest18,710,000 sharesChange Vs. Previous Month+45.38%Dollar Volume Sold Short$2.86 billionShort Interest Ratio2.1 Days to CoverLast Record DateMay 31, 2025Outstanding Shares1,294,821,000 sharesFloat Size1,210,000,000 sharesShort Percent of Float2.25%Today's Trading Volume14,061,476 sharesAverage Trading Volume9,408,834 sharesToday's Volume Vs. Average149% Short Selling Shopify? Sign up to receive the latest short interest report for Shopify and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartSHOP Short Interest Over TimeSHOP Days to Cover Over TimeSHOP Percentage of Float Shorted Over Time Shopify Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 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 Get the Latest News and Ratings for SHOP and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Shopify and its competitors with MarketBeat's FREE daily newsletter. 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 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"I'm risking my reputation on this" (Ad)Behind closed doors, away from the mainstream media's eyes, the smartest minds in crypto are all seeing the same signals. 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And after 17 million podcast downloads and over 600 insider interviews, I finally connected all the dots… What I discovered was so explosive, so potentially life-changing, that I had to put it all in a book.Claim your FREE copy of Crypto Revolution now. 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 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"I'm risking my reputation on this" (Ad)Behind closed doors, away from the mainstream media's eyes, the smartest minds in crypto are all seeing the same signals. 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And after 17 million podcast downloads and over 600 insider interviews, I finally connected all the dots… What I discovered was so explosive, so potentially life-changing, that I had to put it all in a book.Claim your FREE copy of Crypto Revolution now. 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 7/31/20201,610,000 shares $1.65 billion -4.2%N/A0.5 $1,024.00 7/15/20201,680,000 shares $1.61 billion -9.7%N/A0.5 $959.45 6/30/20201,860,000 shares $1.77 billion -4.1%N/A0.5 $949.20 6/15/20201,940,000 shares $1.56 billion -14.2%N/A0.5 $805.47 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 May 31st, investors have sold 27,200,000 shares of SHOP short. 2.25% 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: 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., National Bank of Canada FI, SG Americas Securities LLC, and Wealth Enhancement Advisory Services LLC. 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. 2.25% of Shopify's floating shares are currently sold short. Is Shopify's short interest increasing or decreasing? Shopify saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 27,200,000 shares, an increase of 45.4% from the previous total of 18,710,000 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 1,294,821,000 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? 2.25% of Shopify's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to Shopify: SAP SE (0.16%), Palantir Technologies Inc. (2.25%), AppLovin Co. (4.98%), CrowdStrike Holdings, Inc. (3.72%), NetEase, Inc. (0.41%), Infosys Limited (2.44%), Snowflake Inc. (3.29%), Roblox Co. (2.88%), Cloudflare, Inc. (2.88%), Atlassian Co. (2.34%), 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 ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), Strategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 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 up $3.87 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 May, 31 2025. More Short Interest Resources from MarketBeat Related Companies SAP Short Interest Data PLTR Short Interest Data APP Short Interest Data CRWD Short Interest Data NTES Short Interest Data INFY Short Interest Data SNOW Short Interest Data RBLX Short Interest Data NET Short Interest Data TEAM Short Interest Data Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:SHOP) was last updated on 6/11/2025 by MarketBeat.com Staff From Our PartnersUtah’s New Oil FindThe Real Reason 218,000 Acres Just Vanished The government just quietly leased 218,000 acres in the middle ...Stansberry Research | SponsoredTrump wipes out trillions overnight…Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out n...Porter & Company | SponsoredElon’s NEXT Big IPO?Cancel your internet TODAY!? 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