ECHO EchoStar Corporation

XNAS 105.85 +1.62% Pre-market
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

ECHO $105.85 ▲ +1.62%

What changed

Recent filings, trades and moves
Key stats
$104.28
Pre-market $105.85 +1.62%
52-Week Range
$82.48 – $104.89
YTD
+4.43%
IV Rank (30D)
81.05
Straddle Price
$15.30
P/C Vol Ratio
1.37
Market Cap
$29.4B
Open
$100.59
Day Range
$99.51 – $104.89
Volume
5,144,394
Prev Close
$101.19
Fair Value
MODEL: SHORT

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.84%
Beta vs SPY1.50
Cost of Equity (CAPM)12.22% (VRP-adj)
WACC10.68%
Volatility Risk Premium+1.3pp (IV − HV30), ERP adj -8bps
Effective Tax Rate15.7%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$-0.5B
Return on Equity (TTM)58.4%
Book / Price47.8% — banking bias active (P/B is primary)
Gross Margin (TTM)32.5%
FCF Margin (TTM)-4.4%
Debt / Equity0.57
Quality Score1/6 — cyclical/struggling (5y DCF)
SMA 50$92.29 (Market Anchor value)
SMA 20 / Bollinger Mid$92.24
Bollinger Width / SMA2022.7% (drives anchor stability)
Net Debt$-3.8B
Market Cap$36B
Peers used for multiples: CMCSA, T, TMUS, VSAT, VZ (filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
38%
20-Day Fair Value
≈ by Dec 9, 2026
$104.72
α +0.5% rank 70%
conviction
41%
40-Day Fair Value
≈ by Jan 7, 2027
$103.94
α -0.2% rank 70%
conviction
9%
60-Day Fair Value
≈ by Feb 5, 2027
$102.71
α -1.4% rank 70%
conviction
38%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E $320.91 15% median 11.4× · 4 peers
Peer EV/EBITDA $53.22 15% median 7.2× · 5 peers
Peer P/B $86.61 3% median 1.8× · 5 peers
Peer P/S $48.53 10% median 1.4× · 5 peers
Market Anchor (SMA50) $92.29 24% stability 36% (BB-width)
Options Expected (B-L 30d) $101.90 33% 44 strikes · skew +0.17
As of 2026-11-10 · updated
About
Industry (SIC)
COMMUNICATIONS SERVICES, NEC (4899) · industry map
Exchange
XNAS
Market Cap
$29.4B
Employees
12,100
List Date
2007-12-31
CIK
0001415404
Headquarters
Englewood, CO
Homepage
https://www.echostar.com

Satellite television provides the bulk of EchoStar's revenue. The firm serves about 5 million US satellite customers, about 10% of the traditional television market. It also serves 2 million customers under the Sling brand. EchoStar has also amassed an extensive portfolio of spectrum licenses. It acquired Sprint's prepaid business, serving approximately 7 million customers, primarily under the Boost brand. The firm has agreed to sell a portion of its wireless licenses to AT&T and SpaceX, and will rely heavily on the AT&T network to serve customers. EchoStar's legacy businesses provide satellit…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
Month'21'26Avg
Jan-0.38%---0.38%
Feb3.49%--3.49%
Mar8.69%--8.69%
Apr2.73%--2.73%
May0.35%--0.35%
Jun-11.49%1.64%-4.92%
Jul-0.35%-16.78%-8.57%
Aug7.49%0.95%4.22%
Sep44.18%3.92%24.05%
Oct1.24%9.85%5.54%
Nov0.19%6.04%*3.12%
Dec------
Total60.17%3.36%31.76%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $92.87
SMA 50: $92.65
SMA 200: $65.24
Current: $104.16
EMA 12: $96.78
EMA 26: $94.48
MACD: 2.2983 | Signal: 0.9677
BULLISH
ADX (14): 16.27
RANGE
+DI: 31.28
−DI: 22.89

Momentum Oscillators

RSI (14): 61.68
NEUTRAL
Stoch %K: 81.79
Stoch %D: 65.60
Williams %R: -3.71

Volume & Volatility

BB Upper: $104.55
BB Lower: $81.19
NEUTRAL
OBV: 53,428,953
Vol SMA 20: 4,654,578
Vol ROC: 175.72%
ATR: $4.99
True Range: $5.38
HV 20: 69.0%
HV 30: 63.8%
HV 60: 48.9%

Data Summary

Data Points: 323
Last Updated:
Date Range: 2021-01-04T00:00:00 – 2026-11-10T00:00:00
AI Analysis

LLM Stock Analysis Report: ECHO

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10) Key Drivers: * Bullish MACD signal * Moderate volatility * Recent earnings news from AT&T

Primary Risks: * Bearish RSI reading * Historical volatility could increase uncertainty

2-3 Sentence Investment Thesis: Echo Global Logistics (ECHO) presents a moderate risk opportunity, with a bullish technical setup and recent positive earnings news. However, the stock's historical volatility and current RSI reading may indicate increased uncertainty.

Recent News Sentiment Impact: The recent news headlines, particularly those related to AT&T, have contributed positively to ECHO's sentiment, but the overall market narrative remains neutral.

Technical Analysis

Trend Direction: * Short-term: Neutral (1-4 weeks) * Medium-term: Bullish (1-3 months) * Long-term: Bullish (3-12 months)

Support/Resistance Levels: * SMA 20: $89.11 (support) * Upper Bollinger Band: $95.47 (resistance)

Momentum Signals: * RSI: 60.27 (neutral) * MACD: Bullish signal * Bollinger Bands: Neutral

Volume Analysis: * Volume SMA 20: 4938027.61 * On-Balance Volume (OBV): 23802293.66 * Volume Rate of Change: -79.19%

News & Sentiment Analysis

Recent Headlines Summary: The news headlines are primarily neutral, with a focus on earnings and market commentary.

Sentiment Assessment: Neutral

Catalyst Identification: No significant catalysts identified

Market Narrative: The recent positive earnings news from AT&T has contributed to ECHO's sentiment, but the overall market narrative remains neutral.

Risk & Volatility Assessment

Beta Interpretation: 0.97 (Moderate risk relative to SPY)

Volatility Regime: Historical volatility is relatively low

Options Market Signals: * IV Rank: 100.0% (High - shows if volatility is historically high/low) * Current IV: 89.7% * Expected Move: $10.80 (32 DTE), 7-DTE: $4.30 * Volume Flow: 2,548 calls vs 2,430 puts

Downside Protection: SMA 20 and Bollinger Band support levels

Market Context & Positioning

Sector Performance: ECHO is outperforming its sector peers

Institutional Activity: Institutional interest is moderate, with a focus on volume flow in the options market

Correlation Analysis: ECHO has a moderate correlation to SPY (0.04)

Relative Valuation: ECHO is trading within its historical range

Key Levels & Action Items

Critical Price Levels: * SMA 20: $89.11 (support) * Upper Bollinger Band: $95.47 (resistance)

Breakout/Breakdown Levels: * SMA 50: $82.08 (breakdown risk) * EMA 12: $90.42 (breakout potential)

Time-Sensitive Catalysts: No significant catalysts identified

Risk Management: Stop-loss levels at the SMA 20 and Bollinger Band support levels

Generated
IBDT2·9d ago
SpaceX stock rose amid a report the company is in talks to buy EchoStar's Boost Mobile wireless service or gain access to its network. The post SpaceX In Boost Mobile Talks With Ergen's EchoStar appeared first on Investor's Business Daily .

ECHO Options Activity & IV Rank

ECHO IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 63.6%
7-DTE IV: 71.7%
Expected Move: $15.30
7-DTE Move: $9.85
Days to Exp: 31 (2026-12-11)

Options Flow · All expiries

Call Volume: 15,674
Put Volume: 21,537
P/C Volume: 1.374
BEARISH
Call OI: 346,945
Put OI: 147,374
P/C OI: 0.425
Total OI: 494,319

ATM Options Pricing

ATM Call: $8.05
ATM Put: $7.25
Call %: 7.7%
Put %: 7.0%

Chain Summary

Chain Volume: 37,211
Chain OI: 494,319
Last Updated: 11/10/2026
Spread Scanner

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Dealer Positioning
HIGH γ vs HISTORY

Estimated net dealer gamma is at the 99th percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
99%
vs own history
GEX tilt
+0.50
OI-weighted, today
Vanna tilt
+0.34
δ-sensitivity to IV
Charm tilt
-0.57
δ-decay vs time
Vanna tilt +0.34: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.57: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 144 ATM contracts, 131k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d 74%
+9.5 pts EXTREME
as of Nov 10 · ATM 66.4% / Wing 75.9%
30 DTE / 10d 100%
+23.5 pts EXTREME
as of Nov 10 · ATM 63.4% / Wing 87.0%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)70.1MediumNov 10
IV Rank (30 DTE)81.0HighNov 10

Embed ECHO IV rank

ECHO's 30-day IV rank (90 sessions) with its 52-week rank, at-the-money IV and a 90-session trend. Updates after each close. Paste the code into any web page or blog post. Email newsletters drop iframes, so link to the page there.

Theme
Preview
Straddle Price (30 DTE)$15.30Nov 10
Beta Analysis

Risk Metrics

Beta: 1.7847
Alpha: 284.88%
Correlation: 0.1386
R-Squared: 1.9%
Stock Volatility: 177.6%
Market Volatility: 13.8%

Analysis Details

Benchmark: SPY
Data Points: 98
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own ECHO
8 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$569.2M
0.38%
#24 of 3716-12.6%13F
Citadel Hedge fund
Ken Griffin
$533.0M
0.31%
#42 of 6285+15.3%13F
Icahn Capital / Icahn Enterprises Family office
Carl Icahn, Brett Icahn
$142.6M
1.59%
#7 of 15new13F
Point72 Hedge fund
Steve Cohen
$78.4M
0.12%
#216 of 1945new13F
Oaktree Capital Asset manager
Howard Marks
$56.3M
1.07%
#27 of 1300.0%13F
Renaissance Technologies Hedge fund
Jim Simons
$14.3M
0.02%
#871 of 3138new13F
Rockefeller Capital Management Family office
Rockefeller family
$2.9M
0.00%
#1212 of 4729new13F
Bridgewater Associates Hedge fund
Ray Dalio
$361K
0.00%
#956 of 997new13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

ECHO Institutional Ownership (13F)

Filings for 2026-06-30 · 250 already for 2026-09-30
Diluted shares outstanding: 320,028,500 (as of 2026-09-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

698 filers2,023,050,678 shares$22.51B value632.15% of float
# Filer Shares Value % of Total % of Float Period
1 Apollo Management Holdings, L.P. 313,514,647 $1.34B 5.97% 97.96% 2026-06-30
2 BlackRock, Inc. Custodian 12,689,769 $1.29B 5.72% 3.97% 2026-06-30
3 State Street Corp 31,451,678 $1.15B 5.10% 9.83% 2026-06-30
4 Vanguard Capital Management LLC 8,841,556 $897.42M 3.99% 2.76% 2026-06-30
5 Wellington Management Group LLP Custodian 9,474,212 $856.69M 3.81% 2.96% 2026-06-30
6 LMR Partners LLP 164,410,127 $624.19M 2.77% 51.37% 2026-06-30
7 Vanguard Portfolio Management LLC 5,900,756 $598.93M 2.66% 1.84% 2026-06-30
8 Millennium Management LLC Custodian 102,764,322 $569.19M 2.53% 32.11% 2026-06-30
9 Hudson Bay Capital Management LP 163,829,791 $557.62M 2.48% 51.19% 2026-06-30
10 Citadel Advisors LLC Custodian 63,378,098 $533.04M 2.37% 19.80% 2026-06-30
11 Darsana Capital Partners LP 5,000,000 $507.50M 2.25% 1.56% 2026-06-30
12 UBS Group AG Custodian 4,887,768 $496.11M 2.20% 1.53% 2026-06-30
13 Pentwater Capital Management LP 3,860,000 $391.79M 1.74% 1.21% 2026-06-30
14 Goldman Sachs Group Inc Custodian 4,152,180 $374.74M 1.66% 1.30% 2026-06-30
15 Geode Capital Management, LLC Custodian 4,075,274 $363.51M 1.61% 1.27% 2026-09-30
16 Monarch Alternative Capital LP 61,630,124 $352.43M 1.57% 19.26% 2026-06-30
17 WHITEBOX ADVISORS LLC 102,197,086 $319.11M 1.42% 31.93% 2026-06-30
18 Two Sigma Investments, LP Custodian 94,651,000 $295.55M 1.31% 29.58% 2026-06-30
19 FMR LLC Custodian 13,981,774 $294.21M 1.31% 4.37% 2026-06-30
20 Invesco Ltd. Custodian 2,789,206 $283.10M 1.26% 0.87% 2026-06-30
21 Contrarius Group Holdings Ltd 2,557,855 $259.62M 1.15% 0.80% 2026-06-30
22 Neuberger Berman Group LLC 2,499,457 $253.69M 1.13% 0.78% 2026-06-30
23 Sculptor Capital LP 58,200,000 $251.40M 1.12% 18.19% 2026-06-30
24 SONA ASSET MANAGEMENT (US) LLC 2,287,240 $232.15M 1.03% 0.71% 2026-06-30
25 Morgan Stanley Custodian 2,209,573 $224.26M 1.00% 0.69% 2026-06-30
68 filers$3.04B notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $714.17M 23.48% 2026-06-30
2 Citadel Advisors LLC Custodian $363.97M 11.97% 2026-06-30
3 Walleye Trading LLC $305.02M 10.03% 2026-06-30
4 Jane Street Group, LLC Custodian $268.78M 8.84% 2026-06-30
5 Millennium Management LLC Custodian $235.93M 7.76% 2026-06-30
6 Barclays PLC Custodian $180.15M 5.92% 2026-09-30
7 LMR Partners LLP $95.21M 3.13% 2026-06-30
8 Troluce Capital Advisors LLC $86.28M 2.84% 2026-06-30
9 D. E. Shaw & Co., Inc. Custodian $62.06M 2.04% 2026-06-30
10 PEAK6 LLC $60.72M 2.00% 2026-06-30
11 NOMURA HOLDINGS INC $58.44M 1.92% 2026-06-30
12 SONA ASSET MANAGEMENT (US) LLC $50.46M 1.66% 2026-06-30
13 Knighthead Capital Management, LLC $48.21M 1.59% 2026-06-30
14 Point72 Asset Management, L.P. $43.87M 1.44% 2026-06-30
15 Squarepoint Ops LLC $31.62M 1.04% 2026-06-30
16 HSBC Holdings plc Custodian $30.50M 1.00% 2026-06-30
17 Verition Fund Management LLC $29.43M 0.97% 2026-06-30
18 Wells Fargo & Company Custodian $27.59M 0.91% 2026-06-30
19 Goldman Sachs Group Inc Custodian $26.81M 0.88% 2026-06-30
20 CAPITAL FUND MANAGEMENT S.A. $24.19M 0.80% 2026-06-30
21 Hudson Bay Capital Management LP $22.84M 0.75% 2026-06-30
22 Deutsche Bank AG Custodian $19.87M 0.65% 2026-09-30
23 Caption Management, LLC $18.30M 0.60% 2026-06-30
24 SCOGGIN MANAGEMENT LP $17.76M 0.58% 2026-06-30
25 BlackRock, Inc. Custodian $15.13M 0.50% 2026-06-30
39 filers$1.74B notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $395.27M 22.66% 2026-06-30
2 Susquehanna International Group, LLP Custodian $357.08M 20.47% 2026-06-30
3 Jane Street Group, LLC Custodian $156.52M 8.97% 2026-06-30
4 Walleye Trading LLC $143.78M 8.24% 2026-06-30
5 Goldman Sachs Group Inc Custodian $131.53M 7.54% 2026-06-30
6 Pentwater Capital Management LP $73.08M 4.19% 2026-06-30
7 Millennium Management LLC Custodian $71.88M 4.12% 2026-06-30
8 Capula Management Ltd $50.75M 2.91% 2026-06-30
9 TUDOR INVESTMENT CORP ET AL $39.21M 2.25% 2026-06-30
10 Knighthead Capital Management, LLC $38.06M 2.18% 2026-06-30
11 Point72 Asset Management, L.P. $33.72M 1.93% 2026-06-30
12 PEAK6 LLC $28.23M 1.62% 2026-06-30
13 Citigroup Inc. Custodian $23.67M 1.36% 2026-09-30
14 Sculptor Capital LP $21.58M 1.24% 2026-06-30
15 LMR Partners LLP $20.25M 1.16% 2026-06-30
16 Caption Management, LLC $17.75M 1.02% 2026-06-30
17 Squarepoint Ops LLC $15.70M 0.90% 2026-06-30
18 HSBC Holdings plc Custodian $15.25M 0.87% 2026-06-30
19 Laurion Capital Management LP $13.47M 0.77% 2026-09-30
20 CAPITAL FUND MANAGEMENT S.A. $12.28M 0.70% 2026-06-30
21 D. E. Shaw & Co., Inc. Custodian $11.23M 0.64% 2026-06-30
22 Helix Partners Management LP $10.15M 0.58% 2026-06-30
23 Alphadyne Asset Management LP $9.28M 0.53% 2026-06-30
24 Barclays PLC Custodian $8.68M 0.50% 2026-09-30
25 Two Sigma Investments, LP Custodian $7.96M 0.46% 2026-06-30

ECHO Insider Trading (Form 4)

Latest: 2026-11-09
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-11-09 William P Wall Director Buy (P) +1,000 $90.41 $90.4K EDGAR
2026-10-05 Robert Joseph Rupczynski President, Retail Wireless Grant (A) +25,000 opt — EDGAR
2026-10-05 John Swieringa PRES, TECH & COO Tax (F) −21,875 $88.25 -$1.93M EDGAR
2026-08-14 William David Wade Director Sell (S) −5,000 $92.08 -$460.4K EDGAR
2026-08-11 Stephen J Bye Director Mixed
Exer +8,508 · Sell −8,508
— $57.80 -$545.0K EDGAR
2026-07-31 Cantey Ergen Director Gift (G) — — EDGAR
2026-07-22 Cantey Ergen Director Gift (G) — — EDGAR
2026-07-14 Two-Year July 2024 SATS GRAT Ergen 10%+ Owner Gift (G) −18,561,842 RSU — EDGAR
2026-07-14 Telluray Holdings, LLC 10%+ Owner Other (J) — — EDGAR
2026-07-14 Cantey Ergen Director Mixed — — EDGAR
2026-07-07 Lisa W. Hershman Director Mixed
Exer +10,000 · Tax −2,428
+7,572 $39.41 -$37 EDGAR
2026-07-07 Cantey Ergen Director Mixed
Grant +198 · Tax −17
+181 $100.88 -$1.7K EDGAR
2026-07-07 R Stanton Dodge Director Mixed
Tax −1,214 · Exer +5,000
+3,786 $39.41 -$18 EDGAR
2026-07-07 James Defranco Director Mixed
Grant +198 · Tax −16
+182 $100.88 -$1.6K EDGAR
2026-07-07 Paul W Orban EVP, Chief Financial Officer Mixed
Grant +297 · Tax −9
+288 $100.88 -$908 EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

ECHO Insider Holdings

9 insiders · @ $104.16
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Cantey Ergen Director 11,906,712 $1.24B $0 4 2026-07-31
2 Telluray Holdings, LLC 10%+ Owner 2,350,696 $244.85M $0 1 2026-07-14
3 James Defranco Director 600,777 $62.58M $0 1 2026-07-07
4 John Swieringa PRES, TECH & COO 232,505 $24.22M $0 1 2026-10-05
5 Paul W Orban EVP, Chief Financial Officer 50,971 $5.31M $0 1 2026-07-07
6 R Stanton Dodge Director 28,197 $2.94M $0 1 2026-07-07
7 Lisa W. Hershman Director 7,572 $788.7K $0 1 2026-07-07
8 William David Wade Director 3,192 $332.5K -$460.4K 1 2026-08-14
9 Stephen J Bye Director 653 $68.0K -$764.3K 1 2026-08-11
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

ECHO Board & Officers

As of SEC filings through Nov 9, 2026

Directors 13

Officers 5

10% owners 4

Changes in the last 10 years (75)
Oct 30, 2026William P Wall became a director
Oct 30, 2026Katherine E Flynn became a director
Jul 14, 2026Two-Year July 2024 SATS GRAT Ergen reported in an SEC filing no longer being a 10% owner
Jul 6, 2026The company announced the departure of Hamid Akhavan as CEO, EchoStar Capital in an SEC filing
Jun 30, 2026Two-Year June 2025 SATS GRAT Ergen reported in an SEC filing no longer being a 10% owner
Jun 23, 2026The company announced the departure of Dean Manson as Chief Legal Officer in an SEC filing
Apr 30, 2026Robert Joseph Rupczynski became President, Retail Wireless
Dec 29, 2025Two-Year December 2023 SATS GRAT Ergen reported in an SEC filing no longer being a 10% owner
Dec 15, 2025Hamid Akhavan listed as CEO, EchoStar Capital (previously CEO and President) in SEC filings
Dec 2, 2025Charles W Ergen listed as CHAIRMAN, PRES and CEO (previously Chairman) in SEC filings
May 13, 2025Two-Year May 2025 SATS GRAT Ergen became a 10% owner
May 13, 2025Two-Year June 2025 SATS GRAT Ergen became a 10% owner
Jan 3, 2025John Swieringa listed as Pres, Tech & COO (previously President, Technology and COO) in SEC filings
Jul 10, 2024Two-Year July 2024 SATS GRAT Ergen became a 10% owner
May 15, 2024Two-Year May 2023 DISH GRAT Ergen reported in an SEC filing no longer being a 10% owner
Apr 3, 2024Paul Gaske listed as COO, Hughes (previously Chief Operating Officer) in SEC filings
Apr 3, 2024Dean Manson listed as Chief Legal Officer (previously EVP, Gen. Counsel & Secretary) in SEC filings
Jan 3, 2024Tom A Ortolf first listed as a director in an SEC filing
Jan 3, 2024Paul W Orban listed as EVP, CFO, Dish (previously SVP & Controller) in SEC filings
Jan 3, 2024Hamid Akhavan first listed as a director in an SEC filing
Not reported recently (14)
  • Two-Year June 2023 DISH GRAT Ergen · Last reported as a 10% owner in an SEC filing dated Jun 28, 2024
  • Gary Schanman · Last reported as ExcVP/Grp Pres,Video Services in an SEC filing dated Apr 3, 2024
  • Michael Kelly · Last reported as ExcVP/Grp Pres,Retail Wireless in an SEC filing dated Jan 3, 2024
  • Two-Year December 2022 SATS GRAT Ergen · Last reported as a 10% owner in an SEC filing dated Dec 22, 2023
  • Jeffrey R Tarr · Last reported as a director in an SEC filing dated Jul 5, 2023
  • Two-Year June 2023 SATS GRAT Ergen · Last reported as a 10% owner in an SEC filing dated Jul 3, 2023
  • Michael T Dugan · Last reported as a director in an SEC filing dated Apr 27, 2023
  • Pradman P Kaul · Last reported as a director in an SEC filing dated Apr 27, 2023
  • Veronika Takacs · Last reported as Principal Accounting Officer in an SEC filing dated Apr 4, 2023
  • Ramesh Ramaswamy · Last reported as Executive VP - International in an SEC filing dated Feb 15, 2023
  • Michelle Pearre · Last reported as Chief Human Resources Officer in an SEC filing dated Feb 15, 2023
  • Adrian Morris · Last reported as Chief Technology Officer in an SEC filing dated Feb 15, 2023
  • Jeffrey S. Boggs · Last reported as Interim Principal Acct Officer in an SEC filing dated Jan 17, 2023
  • Anthony M Federico · Last reported as a director in an SEC filing dated Jul 6, 2020
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

ECHO Proposed Insider Sales (Form 144)

Latest: 2026-08-25
Last 30d: 0 filings  ·  Last 90d: 1 filing · $459K notice value · 1 unique filer

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Wade William David (1, $459K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-08-25 Wade William David Director 5,000 $459.0K 2026-08-13 Raymond James and Associates — EDGAR
2026-08-07 BYE STEPHEN J Director 8,508 $764.3K 2026-08-07 Fidelity Brokerage Services LLC — EDGAR
2026-08-06 Akhavan Hamid Former Officer and Director 26,567 $2.32M 2026-08-06 Fidelity Brokerage Services LLC — EDGAR
2026-08-05 Akhavan Hamid Former Officer and Director 26,563 $2.37M 2026-08-05 Fidelity Brokerage Services LLC — EDGAR
2026-08-04 Akhavan Hamid Former Officer & Director 52,000 $4.66M 2026-08-04 Fidelity Brokerage Services LLC — EDGAR
2026-06-12 Manson Dean Officer 10,000 $1.30M 2026-06-12 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-06-05 Akhavan Hamid Officer, Director 52,586 $6.36M 2026-06-05 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-06-04 Manson Dean Officer 10,000 $1.20M 2026-06-04 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-03-06 Akhavan Hamid Officer, Director 71,005 $7.63M 2026-03-06 Fidelity Brokerage Services LLC — EDGAR
2026-03-05 Manson Dean Officer 19,031 $2.18M 2026-03-05 Fidelity Brokerage Services LLC — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-03
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-11-03 Shareholder vote results EDGAR
2026-10-02 Material agreement · Acquisition or sale completed EDGAR
2026-08-07 Regulation FD disclosure EDGAR
2026-08-03 Bankruptcy or receivership · Debt acceleration · Director or officer change · Regulation FD disclosure · Other events EDGAR
2026-07-28 Agreement terminated · Acquisition or sale completed · Other events EDGAR
2026-07-07 Director or officer change · Other events EDGAR
2026-06-25 Director or officer change EDGAR
2026-06-18 Other events EDGAR
2026-06-01 Debt acceleration EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-11-03 0001104659-26-121675 EDGAR
2026-08-03 0001104659-26-089370 EDGAR
ETF Holders
216 ETFs hold ECHO
25 shown · $2.62B total exposure · 0.04% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 XLC State Street® Communication Services Select Sector SPDR® ETF SPDR (State Street) 1.84% $394.4M $21.5B 2026-11-06
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.02% $384.2M — 2026-09-30
3 VOO Vanguard S&P 500 ETF Vanguard 0.02% $325.2M — 2026-09-30
4 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.15% $272.2M — 2026-09-30
5 RSP Invesco S&P 500 Equal Weight ETF Invesco 0.21% $209.0M — 2026-11-08
6 VBR Vanguard Morningstar Small-Cap Value ETF Vanguard 0.28% $177.2M — 2026-09-30
7 IVV iShares Core S&P 500 ETF iShares (BlackRock) 0.02% $176.1M $875.2B 2026-11-06
8 SPY State Street® SPDR® S&P 500® ETF Trust SPDR (State Street) 0.02% $160.2M $777.9B 2026-11-06
9 IWP iShares Russell Mid-Cap Growth ETF iShares (BlackRock) 0.36% $63.2M $17.4B 2026-11-06
10 SCHA Schwab U.S. Small-Cap ETF Nport 0.25% $56.1M — 2026-08-31
11 IWR iShares Russell Mid-Cap ETF iShares (BlackRock) 0.10% $55.5M $58.7B 2026-11-06
12 VOX Vanguard Communication Services ETF Vanguard 0.69% $43.5M — 2026-09-30
13 IWF iShares Russell 1000 Growth ETF iShares (BlackRock) 0.04% $42.4M $118.1B 2026-11-06
14 SPYM State Street® SPDR® Portfolio S&P 500® ETF SPDR (State Street) 0.02% $36.6M $178.8B 2026-11-06
15 IVW iShares S&P 500 Growth ETF iShares (BlackRock) 0.04% $27.5M $73.6B 2026-11-06
16 RPG Invesco S&P 500 Pure Growth ETF Invesco 1.60% $26.0M — 2026-11-08
17 UFO Procure Space ETF Nport 4.17% $24.5M — 2026-07-31
18 SPYG State Street® SPDR® Portfolio S&P 500® Growth ETF SPDR (State Street) 0.04% $20.2M $51.7B 2026-11-06
19 FNDA Schwab Fundamental U.S. Small Company ETF Nport 0.22% $19.9M — 2026-08-31
20 NASA Tema Space Innovators ETF Nport 1.63% $17.5M — 2026-08-31
21 VONG Vanguard Russell 1000 Growth ETF Vanguard 0.03% $17.3M — 2026-09-30
22 SIXG Defiance Connective Technologies ETF Nport 1.69% $17.1M — 2026-06-30
23 UFOX Defiance Connective Technologies ETF Nport 1.69% $17.1M — 2026-06-30
24 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.02% $16.9M $95.6B 2026-11-06
25 IYZ iShares U.S. Telecommunications ETF iShares (BlackRock) 3.24% $16.9M $546.4M 2026-11-06
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
3.80
TTM Diluted EPS
$27.39
TTM Revenue
$12.17B
TTM Net Income
$9.89B
TTM Op. Cash Flow
$-83.95M
Quarterly figures (2 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q3 '262026-09-30$1.13B$2.78B$7.97$113.04M
Q2 '262026-06-30$3.58B$8.46B$24.12$-9.96M
Q3 2026 • period ending 2026-09-30 • filed 2026-11-03
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
3.80
P/B
2.23
P/S
2.16
EV/EBITDA
23.74
EV/Sales
3.22
ROE
-39.9%
ROA
-14.4%
Div Yield
0.00%
FCF Yield
-0.27%
Debt/Equity
1.13
Current Ratio
—
Market Cap
$31.67B
as of 2026-11-10

ECHO vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
VZ Verizon Communications $190.9B 11.8 +1.4% +14.3% 15
TMUS T-Mobile US, Inc. $178.7B 16.3 +9.3% −15.3% 32
T AT&T Inc. $146.9B 11.9 +3.5% −10.7% 38
CMCSA Comcast Corp $87.0B 7.8 −0.2% −16.2% 26
ECHO EchoStar Corporation $29.4B 3.8 — +4.3% 81
GSAT Globalstar, Inc. Common Stock $11.1B — +5.9% +35.0% 36
ASTS AST SpaceMobile, Inc. Class A Common Sto $11.1B — +2256.9% −59.6% 54
VSAT Viasat Inc $10.4B — +2.7% +98.9% 60
IRDM Iridium Communications Inc. $4.8B 30.8 +3.6% +159.7% 12
Peer median $49.1B 11.9 +3.5% +1.8% 34

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.

Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
24.54M
SI % of Float
18.02%
Days to Cover
5.35
Short Vol Ratio
44.0%
Free Float
136.17M
Float %
85.4%
Short interest 2026-10-15 • Short volume 2026-11-10 • Float 2026-09-22