SMC EDUCATION

What Is Short Interest?

Learn what short interest measures, how days-to-cover and float matter, and why high short interest does not guarantee a squeeze.

What it means

Learn what short interest measures, how days-to-cover and float matter, and why high short interest does not guarantee a squeeze.

How to use it

Use this concept as one layer of context alongside price action, liquidity, company catalysts, and the broader market. No single metric should carry an entire thesis.

What it cannot tell you

Market data cannot remove uncertainty or reveal every participant intent. The goal is to understand the information and its limitations before making your own decisions.

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