SMMT Short Volume

Summit Therapeutics Inc. (SMMT) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $14.57B, listed on NASDAQ, employing roughly 159 people, carrying a beta of -1.25 to the broader market. Summit Therapeutics Inc. Led by Robert W. Duggan, public since 2015-03-05.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date
2026-05-15
Short Volume
719.3K
Total Volume
1.0M
Short %
70.68%
30-Day Avg Short %
52.14%

Showing 30 days of FINRA short volume data for Summit Therapeutics Inc..

Learn how short volume is reported and how to read the data →

Frequently asked SMMT short volume questions

What is the daily SMMT short volume?
As of May 15, 2026, Summit Therapeutics Inc. (SMMT) short volume is 719.3K shares against 1.0M total reported volume, or 70.68% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is SMMT short volume reported?
FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
What does SMMT short volume tell options traders?
Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.