Short interest in all Nasdaq securities totaled 22,681,247,549 shares at the June 30, 2026 settlement date, an increase from 21,949,236,630 shares reported for the prior period. The data covers 5,461 Nasdaq securities, compared with 5,423 issues in the previous reporting period. This represents 1.64 days of average daily volume, a decrease from the 2.06 days average recorded in the prior period.

Market Breakdown

The Nasdaq Global Market reported short interest of 18,453,725,441 shares across 3,804 securities as of June 30, 2026. This compares with 17,903,270,409 shares in 3,764 issues for the prior settlement date of June 15, 2026. The short interest for this segment represents 2.45 days of coverage, down from 2.79 days in the previous reporting period.

Short interest in the Nasdaq Capital Market stood at 4,227,522,108 shares for 1,657 securities at the end of the June 30 settlement date. This is higher than the 4,045,966,221 shares reported across 1,659 securities in the previous period. The average daily volume for this segment was 1 day, unchanged from the prior reporting period.

Methodology

The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker or dealers, regardless of their exchange affiliations. A short sale is generally defined as the sale of a security that the seller does not own, or any sale consummated by the delivery of a security borrowed by or for the account of the seller.

Morgan Stanley analyst Michael Cyprys has maintained an Overweight rating on Nasdaq while lowering the price target. The new target stands at $112, a decrease from the previous $116. Separately, Raymond James analyst Patrick O'Shaughnessy has maintained an Outperform rating on Nasdaq while raising the price target to $113 from $111.

Rating and Price Action

The rating affirmation and price target adjustments reflect the analysts' updated outlooks on the stock. The revised targets suggest varying potential upsides based on current market prices.