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Steel Dynamics Inc. short interest

3.9M shares of Steel Dynamics were sold short at the 15 October 2026 settlement, near the middle of its range over the last year (2.9M to 4.4M). Short sellers would need 5.0 days of normal trading to buy them back.

Shares sold short3.9Mat 15 Oct 2026
Change on the settlement before-3.3%+30% over a year
Days to cover4.98at 780K shares a day
Of shares in issue2.73%shares short over shares outstanding
New to this? How to read this page
  1. Short interest is the number of shares investors have borrowed and sold, betting the price will fall, and not yet bought back.
  2. Days to cover is shares short over an average day's trading: how many days it would take short sellers to buy them all back. Above 5 or so is high.
  3. Rising short interest says more investors are betting against the stock. A crowded short can also rise fast if shorts rush to buy back.
  4. Brokers report it twice a month to FINRA, about ten days after each settlement date.
  5. What is short interest?

Short interest, days to cover and the price

Short interest is near the middle of its range over the last year (2.9M to 4.4M), and the share price moved +53% over the last year.

Shares sold shortDays to coverShare price

Three charts on one timeline. Top: shares sold short at each settlement. Middle: days to cover, taller meaning shorts would need longer to buy back. Bottom: the share price, so you can see whether shorts added as the price fell or rose.

How it compares

every company on the site

    The bar ranks every company on the site from the lowest on the left to the highest on the right, in three equal thirds; the small figures under it are the values where each third starts, and the black tick is the middle company. The orange dot is this company; the grey ticks are the other companies in its industry (hover or tap for names). A hatched block is companies tied at none.

    Every settlement since 29 Dec 2017 as a table
    SettlementShares shortChangeAverage daily volumeDays to cover
    15 October 20263.9M-3.3%780K4.98
    30 September 20264.0M+6.4%1.1M3.80
    15 September 20263.8M-0.9%937K4.03
    31 August 20263.8M-2.4%1.4M2.77
    14 August 20263.9M-3.8%994K3.93
    31 July 20264.1M+14.1%1.2M3.26
    15 July 20263.6M-3.3%1.1M3.21
    30 June 20263.7M-8.2%1.6M2.25
    15 June 20264.0M+5.7%1.0M3.88
    29 May 20263.8M+2.3%1.2M3.24
    15 May 20263.7M+0.5%967K3.83
    30 April 20263.7M-10.1%1.4M2.67
    15 April 20264.1M+0.7%913K4.49
    31 March 20264.1M+12.0%1.3M3.03
    13 March 20263.6M-0.6%1.1M3.28
    27 February 20263.7M-17.5%1.0M3.51
    13 February 20264.4M+20.0%1.6M2.84
    30 January 20263.7M+2.4%1.4M2.67
    15 January 20263.6M-12.0%1.3M2.70
    31 December 20254.1M+30.5%1.2M3.30
    15 December 20253.1M-2.5%1.2M2.55
    28 November 20253.2M-12.8%1.0M3.13
    14 November 20253.7M+29.2%1.2M3.02
    31 October 20252.9M-4.7%1.5M1.95
    15 October 20253.0M+0.3%1.1M2.83
    30 September 20253.0M+19.2%1.5M1.94
    15 September 20252.5M+10.8%1.1M2.23
    29 August 20252.3M-25.0%1.2M1.89
    15 August 20253.0M-3.8%1.2M2.45
    31 July 20253.1M-7.2%1.4M2.28
    15 July 20253.4M-6.6%1.2M2.88
    30 June 20253.6M+8.7%1.6M2.26
    13 June 20253.3M+5.0%1.5M2.23
    30 May 20253.2M+23.5%1.6M1.98
    15 May 20252.6M+0.7%1.1M2.25
    30 April 20252.6M-8.4%1.3M2.00
    15 April 20252.8M+4.4%2.0M1.39
    31 March 20252.7M-1.0%2.2M1.22
    14 March 20252.7M-19.2%2.1M1.27
    28 February 20253.3M-16.0%1.5M2.29
    14 February 20254.0M+31.8%2.0M2.02
    31 January 20253.0M-18.5%1.7M1.77
    15 January 20253.7M-1.5%1.8M2.08
    31 December 20243.8M+24.2%1.5M2.44
    13 December 20243.0M+2.0%1.4M2.15
    29 November 20243.0M-25.8%1.4M2.13
    15 November 20244.0M+15.5%1.4M2.80
    31 October 20243.5M-13.0%1.3M2.75
    15 October 20244.0M-10.9%974K4.08
    30 September 20244.5M-5.8%1.9M2.40
    13 September 20244.7M-4.1%1.5M3.19
    30 August 20244.9M-5.0%965K5.12
    15 August 20245.2M+15.7%1.2M4.31
    31 July 20244.5M-14.6%1.3M3.50
    15 July 20245.3M-14.9%1.3M4.18
    28 June 20246.2M-8.9%1.9M3.21
    14 June 20246.8M+7.3%1.1M5.91
    31 May 20246.3M+18.0%1.1M5.80
    15 May 20245.4M+2.6%1.1M5.11
    30 April 20245.2M+6.9%1.3M3.97
    15 April 20244.9M+7.6%893K5.48
    28 March 20244.5M-6.4%992K4.58
    15 March 20244.9M+12.2%1.3M3.77
    29 February 20244.3M-13.3%1.1M4.01
    15 February 20245.0M-3.7%1.2M4.26
    31 January 20245.2M+19.0%1.5M3.47
    12 January 20244.4M-6.5%1.2M3.78
    29 December 20234.7M-15.6%916K5.09
    15 December 20235.5M-8.6%1.8M3.08
    30 November 20236.0M-2.7%1.1M5.36
    15 November 20236.2M-1.9%1.1M5.48
    31 October 20236.3M+13.2%1.6M3.85
    13 October 20235.6M-5.9%1.1M5.19
    29 September 20235.9M-0.4%1.5M3.91
    15 September 20236.0M-7.0%1.4M4.34
    31 August 20236.4M+5.6%1.1M5.58
    15 August 20236.1M+4.5%1.3M4.80
    31 July 20235.8M+2.5%1.2M4.65
    14 July 20235.7M+0.9%1.2M4.87
    30 June 20235.6M-8.9%2.0M2.80
    15 June 20236.2M-7.6%1.5M4.16
    31 May 20236.7M-1.3%1.7M3.91
    15 May 20236.8M+13.7%1.5M4.57
    28 April 20235.9M-2.8%1.7M3.50
    14 April 20236.1M+1.3%1.9M3.30
    31 March 20236.0M+21.3%2.3M2.66
    15 March 20235.0M+12.4%2.2M2.30
    28 February 20234.4M+1.2%1.6M2.73
    15 February 20234.4M-8.5%1.5M2.91
    31 January 20234.8M-10.7%1.9M2.57
    13 January 20235.4M-3.3%1.7M3.24
    30 December 20225.5M-1.5%5.8M1.00
    15 December 20225.6M-4.6%1.9M2.92
    30 November 20225.9M+6.4%1.4M4.16
    15 November 20225.5M-0.8%1.5M3.76
    31 October 20225.6M+3.4%2.2M2.52
    14 October 20225.4M-2.8%1.4M3.77
    30 September 20225.6M+15.3%1.7M3.20
    15 September 20224.8M-0.7%1.9M2.51
    31 August 20224.8M+8.1%1.7M2.89
    15 August 20224.5M-0.5%1.4M3.21
    29 July 20224.5M+0.5%2.2M2.09
    15 July 20224.5M-19.6%1.4M3.12
    30 June 20225.6M-27.1%2.6M2.18
    15 June 20227.7M+10.1%1.9M4.07
    31 May 20227.0M-2.2%2.2M3.12
    13 May 20227.1M+16.3%2.5M2.81
    29 April 20226.1M-6.2%2.5M2.46
    14 April 20226.5M-9.3%1.7M3.94
    31 March 20227.2M-5.6%2.7M2.64
    15 March 20227.6M-8.2%2.6M2.90
    28 February 20228.3M+4.9%2.2M3.69
    15 February 20227.9M+14.9%2.0M3.92
    31 January 20226.9M+12.6%3.5M1.98
    14 January 20226.1M+12.6%1.7M3.52
    31 December 20215.4M+8.8%1.5M3.57
    15 December 20215.0M+2.0%1.9M2.69
    30 November 20214.9M+0.8%1.9M2.64
    15 November 20214.9M-3.4%1.6M3.10
    29 October 20215.0M+12.6%2.3M2.16
    15 October 20214.5M-5.8%1.7M2.65
    30 September 20214.7M+20.6%2.6M1.81
    15 September 20213.9M-15.4%1.8M2.16
    31 August 20214.6M-6.9%1.8M2.65
    13 August 20215.0M+19.0%2.2M2.29
    30 July 20214.2M-4.4%2.3M1.81
    15 July 20214.4M-4.9%1.8M2.47
    30 June 20214.6M+8.1%2.3M2.02
    15 June 20214.3M+1.6%2.2M1.98
    28 May 20214.2M-7.4%2.4M1.78
    14 May 20214.5M+12.1%2.7M1.68
    30 April 20214.0M+4.9%2.2M1.83
    15 April 20213.9M+3.8%1.5M2.54
    31 March 20213.7M-15.6%2.9M1.27
    15 March 20214.4M+10.4%2.2M1.99
    26 February 20214.0M-1.8%1.4M2.85
    12 February 20214.1M-5.7%1.6M2.56
    29 January 20214.3M-3.2%2.3M1.90
    15 January 20214.4M+6.8%1.8M2.46
    31 December 20204.2M+7.0%1.5M2.75
    15 December 20203.9M-8.1%1.6M2.40
    30 November 20204.2M-1.2%1.6M2.64
    13 November 20204.3M+6.8%1.6M2.71
    30 October 20204.0M+26.3%1.9M2.15
    15 October 20203.2M+7.7%1.7M1.83
    30 September 20202.9M-27.8%2.0M1.48
    15 September 20204.1M-1.1%1.5M2.63
    31 August 20204.1M-17.3%1.0M4.00
    14 August 20205.0M+5.9%1.3M3.90
    31 July 20204.7M-4.6%1.6M3.03
    15 July 20204.9M+9.9%1.5M3.25
    30 June 20204.5M-3.3%2.0M2.25
    15 June 20204.6M-8.0%1.9M2.45
    29 May 20205.0M+9.5%1.8M2.79
    15 May 20204.6M+7.5%1.7M2.77
    30 April 20204.3M-20.1%2.2M1.97
    15 April 20205.4M+20.7%2.0M2.62
    31 March 20204.4M-18.3%3.5M1.27
    13 March 20205.4M+5.7%3.2M1.72
    28 February 20205.1M+6.6%2.5M2.04
    14 February 20204.8M-1.8%1.7M2.89
    31 January 20204.9M-15.2%2.2M2.23
    15 January 20205.8M+19.9%1.7M3.50
    31 December 20194.8M-11.6%1.7M2.83
    13 December 20195.5M+9.2%1.7M3.19
    29 November 20195.0M+7.0%1.9M2.59
    15 November 20194.7M-3.2%1.8M2.57
    31 October 20194.8M-9.9%2.3M2.15
    15 October 20195.4M+4.1%1.8M3.02
    30 September 20195.2M-16.5%2.3M2.24
    13 September 20196.2M+20.8%2.6M2.37
    30 August 20195.1M+13.0%1.8M2.86
    15 August 20194.5M-13.9%2.3M2.00
    31 July 20195.3M+20.5%2.7M1.95
    15 July 20194.4M-14.5%2.2M1.99
    28 June 20195.1M+21.3%4.3M1.18
    14 June 20194.2M+1.0%3.1M1.34
    31 May 20194.2M-0.7%2.8M1.50
    15 May 20194.2M+6.9%1.9M2.19
    30 April 20193.9M-5.8%2.5M1.57
    15 April 20194.2M+5.5%1.9M2.22
    29 March 20194.0M-5.1%1.9M2.05
    15 March 20194.2M-9.8%2.0M2.08
    28 February 20194.6M-3.0%2.2M2.09
    15 February 20194.8M+13.2%2.0M2.42
    31 January 20194.2M+2.0%2.6M1.60
    15 January 20194.1M-1.8%2.1M1.92
    31 December 20184.2M+8.0%3.2M1.30
    14 December 20183.9M+13.7%3.3M1.18
    30 November 20183.4M-20.4%3.0M1.14
    15 November 20184.3M-15.6%1.7M2.55
    31 October 20185.1M-9.8%3.8M1.34
    15 October 20185.6M-23.4%2.9M1.96
    28 September 20187.4M-0.9%2.7M2.73
    14 September 20187.4M+7.5%1.7M4.46
    31 August 20186.9M-3.8%1.6M4.36
    15 August 20187.2M+3.4%2.0M3.64
    31 July 20186.9M-2.9%1.9M3.74
    13 July 20187.2M-2.2%1.3M5.59
    29 June 20187.3M+10.5%2.2M3.28
    15 June 20186.6M+0.2%2.5M2.66
    31 May 20186.6M-9.2%2.0M3.35
    15 May 20187.3M+18.3%1.9M3.89
    30 April 20186.2M+13.6%2.4M2.54
    13 April 20185.4M-2.6%2.2M2.50
    29 March 20185.6M-7.1%2.3M2.38
    15 March 20186.0M-6.5%3.4M1.79
    28 February 20186.4M-0.6%3.2M1.97
    15 February 20186.4M+0.4%2.5M2.58
    31 January 20186.4M-10.0%2.6M2.48
    12 January 20187.1M-6.9%2.4M2.93
    29 December 20177.7M2.0M3.74
    Shares in millions (M) or thousands (K); hold the pointer on a figure for the exact count. FINRA publishes consolidated short interest twice a month, about ten days after each settlement.