What short interest measures
Short interest is the number of shares that have been sold short and not yet bought back, as of a settlement date. In the U.S., broker-dealers report these positions to FINRA twice a month, and the figures are published after each cycle. Short interest is a stock of open positions, not a flow of trades. Read it alongside the float: 100 million shares short is a lot for a small company and a rounding error for Apple.
| Field | Meaning |
|---|---|
shares_short | Shares sold short and still open |
previous_shares_short | Shares short in the report before this one |
short_float_ratio | Shares short over the free float, as a ratio |
days_to_cover | Shares short over average daily volume, in days |
observed_on | Date OHLC first observed the report |
settlement_date, published_at | Always null: the source does not date its figures |
The figures come with each company profile refresh, about monthly and sooner after a filing, and the source does not say which settlement date they belong to. settlement_date and published_at are therefore always null: key time series on observed_on, the day OHLC first saw the report. A report is one row, however many times it was observed, and a report published between two refreshes can be missed, so this is not every FINRA cycle.
Reading short interest alongside float
short_float_ratio depends on the float the source used. For your own measure, divide shares_short by float_shares from /v1/share-statistics for the same listing and date, which also lets you apply one float definition across every stock. days_to_cover rises when shorts grow or when trading volume falls, so check both inputs before reading a jump as new bearish conviction. Short interest is reported per listing, keyed by instrument_id, so ticker changes do not split a series.
Short interest is not short volume
Daily short sale volume counts short sales executed on a day, most of which are market-making and closed within hours. It says little about lasting bearish positions. OHLC publishes it separately as short volume: FINRA's daily short sale volume per listing from its reporting facilities, from Massive, each weekday evening. This page covers reported short positions only.
Use cases
- Squeeze screens: high
short_float_ratiocombined with highdays_to_cover. - Risk monitoring on holdings, flagging names where shorts are building between reports.
- Crowding and positioning factors for quantitative models.
- Context next to institutional ownership and float from /v1/share-statistics.
History and point in time
OHLC began recording short interest in September 2026: on October 3, 2026, Apple's first observation was dated September 22, 2026. History builds forward from there, so this is not yet a multi-year archive. as_of limits results to observations recorded by the end of a UTC day, which keeps a backtest from seeing a figure before OHLC had it.
Plans and credits
Short interest is included on Pro, Commercial and Scale, at 5 credits per symbol or 500 credits for a page across the whole market. Share statistics, including float, are on every plan. See pricing.
Latest short interest for Apple
curl 'https://api.ohlc.io/v1/short-interest?symbols=XNAS:AAPL&order=desc&limit=1' \
-H "Authorization: Bearer $OHLC_API_KEY"{
"data": [
{
"id": "record_f09345b4c876cac242c4",
"instrument_id": "01M35H2KE2ZJHXFY5C3E7FPC66",
"settlement_date": null,
"observed_on": "2026-09-28",
"published_at": null,
"shares_short": "128753092",
"previous_shares_short": "139749097",
"short_float_ratio": "0.0088",
"days_to_cover": "3.03"
}
],
"meta": {
"timezone": "UTC",
"as_of": "2026-10-03T15:04:28Z",
"next_cursor": "AbLIu38MSvRC...",
"coverage": { "status": "partial", "reason": "Coverage is partial for the entitled query scope." }
}
}Prices delayed 15 minutes · Illustrative sample data