SAFE Safehold Inc.
XNYS
10.79
Delayed
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.
SAFE
$10.79
—
What changed
Recent filings, trades and movesKey stats
$10.79
- 52-Week Range
- $10.27 – $17.45
- YTD
- -20.84%
- IV Rank (30D)
- 35.34
- Straddle Price
- $1.77
- P/C Vol Ratio
- 0.56
- Market Cap
- $0.7B
- Open
- $10.71
- Day Range
- $10.58 – $10.99
- Volume
- 801,080
- Prev Close
- $10.59
Fair Value
MODEL: NEUTRAL
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) | 4.90% |
| Beta vs SPY | 1.09 |
| Cost of Equity (CAPM) | 10.89% (VRP-adj) |
| WACC | 6.95% |
| Volatility Risk Premium | +60.3pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 3.7% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.2B |
| Return on Equity (TTM) | 4.7% |
| Book / Price | 352.9% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 60.0% |
| FCF Margin (TTM) | -221.2% |
| Debt / Equity | 1.81 |
| Quality Score | 2/6 — normal (10y DCF) |
| SMA 50 | $12.53 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $11.25 |
| Bollinger Width / SMA20 | 13.8% (drives anchor stability) |
| Net Debt | $4.8B |
| Market Cap | $1B |
Peers used for multiples: ADC, BNL, EPR, LXP, NNN, O, VICI, WPC
60-Day Conviction
11%
20-Day Fair Value
≈ by Dec 8, 2026
$10.76
α -0.3%
rank 86%
conviction
20%
40-Day Fair Value
≈ by Jan 6, 2027
$10.81
α +0.2%
rank 84%
conviction
9%
60-Day Fair Value
≈ by Feb 4, 2027
$10.83
α +0.4%
rank 88%
conviction
11%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $12.63 | 23% | |
| Peer P/E | $41.32 | 7% | median 23.2× · 8 peers |
| Peer EV/EBITDA | n/a | 0% | median 15.8× · 8 peers |
| Peer P/B | $58.68 | 11% | median 1.6× · 8 peers |
| Peer P/S | $14.41 | 11% | median 8.3× · 8 peers |
| Market Anchor (SMA50) | $12.53 | 48% | stability 85% (BB-width) |
| Options Expected (B-L 30d) | $11.64 | 0% | 5 strikes · skew +0.22 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
- Exchange
- XNYS
- Market Cap
- $0.7B
- Employees
- 72
- List Date
- 2017-06-22
- CIK
- 0001095651
- Last Earnings
- Nov 3 after close · −4.1% vs ±16.9% expected
- Next Earnings
- ~Feb 10, 2027 (estimated)
- Headquarters
- New York, NY
- Homepage
- https://www.safeholdinc.com
Safehold Inc is a REIT that operates its business by acquiring, managing, and capitalizing ground leases. Ground leases are long-term contracts between the landlord (the Company) and a tenant or leaseholder. Ground leases generally represent ownership of the land underlying commercial real estate projects that are net leased by the fee owner of the land to the owners/operators of the real estate projects built thereon.
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 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 4.13% | -22.71% | 21.05% | -16.20% | -13.27% | 3.52% | -3.91% |
| Feb | 2.43% | -1.65% | -15.43% | -4.05% | 15.54% | 13.98% | 1.80% |
| Mar | -8.26% | -8.21% | 1.98% | -1.15% | 3.37% | -16.58% | -4.81% |
| Apr | -0.41% | -23.48% | -3.08% | -9.25% | -13.89% | 19.37% | -5.12% |
| May | -0.20% | 4.59% | -3.73% | 4.61% | -3.95% | 0.74% | 0.34% |
| Jun | 10.01% | -22.89% | -8.63% | 0.36% | 4.50% | 6.88% | -1.63% |
| Jul | 15.06% | 14.16% | 1.56% | 24.27% | -11.74% | 2.86% | 7.70% |
| Aug | -0.52% | -9.71% | -12.61% | 8.86% | 16.82% | -7.96% | -0.85% |
| Sep | -20.75% | -30.28% | -15.24% | 7.02% | -3.13% | -22.57% | -14.16% |
| Oct | 2.78% | 6.48% | -4.46% | -17.20% | -7.50% | -4.16% | -4.01% |
| Nov | -6.51% | -3.62% | 23.99% | 3.19% | -4.21% | -6.58%* | 1.04% |
| Dec | 15.57% | -0.90% | 7.49% | -12.46% | 1.78% | -- | 2.30% |
| Total | 7.78% | -68.53% | -14.75% | -18.00% | -19.36% | -16.97% | -21.64% |
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: $11.18
SMA 50: $12.43
SMA 200: $14.58
Current: $10.79
EMA 12: $11.03
EMA 26: $11.47
MACD: -0.4449 | Signal: 0.0303
BEARISH
ADX (14): 52.88
STRONG TREND
+DI: 13.06
−DI: 30.23
Momentum Oscillators
RSI (14): 37.83
NEUTRAL
Stoch %K: 31.01
Stoch %D: 28.03
Williams %R: -59.69
Volume & Volatility
BB Upper: $11.88
BB Lower: $10.48
NEUTRAL
OBV: -8,066,530
Vol SMA 20: 846,317
Vol ROC: -3.32%
ATR: $0.44
True Range: $0.41
HV 20: 44.3%
HV 30: 38.1%
HV 60: 32.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
Written before SAFE’s Nov 3 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report
SYMBOL: SAFE
Executive Summary: Overall assessment: NEUTRAL (confidence level 6/10) Key drivers: Recent positive news sentiment, mixed technical signals Primary risks: Potential for a move higher if recent news aligns with fundamentals, but also potential for a pullback if technical indicators correct.
Investment thesis: Safehold Inc. ($SAFE) is a real estate investment trust (REIT) that has been experiencing steady growth and relatively low volatility. The recent positive news sentiment, including the appointment of Michael Trachtenberg as President, suggests potential for further upside. However, the company's beta of 0.65 indicates it moves less than the market, which could be a risk factor. A comprehensive analysis is required to determine the next move.
Recent news sentiment impact: The recent positive news headlines (Sentiment: POSITIVE) have contributed to the stock's upward momentum, with the appointment of Michael Trachtenberg as President being seen as a net positive for the company. The negative headline from Morgan Stanley (Sentiment: NEGATIVE) has had a relatively minor impact on the stock price.
Technical Analysis: Trend Direction:
- Short-term: Uptrend
- Medium-term: Neutral
- Long-term: Downtrend
Support/Resistance Levels:
- Key support levels: $14.53, $13.58
- Key resistance levels: $16.58, $17.18
Momentum Signals:
- RSI (14): 63.13 (neutral)
- MACD: Bullish signal
- Bollinger Bands: Neutral signal
Volume Analysis:
- Volume SMA 20: 347494.25 (stable)
- On-Balance Volume (OBV): 6020996.00 (bullish)
News & Sentiment Analysis: Recent Headlines Summary: The recent news headlines have been largely positive, with the appointment of Michael Trachtenberg as President being seen as a net positive for the company.
Sentiment Assessment: Aggregate sentiment is POSITIVE, driven by the recent news headlines.
Catalyst Identification: Upcoming events: Earnings date not available
Market Narrative: The market narrative suggests that the stock's upward momentum is driven by the recent positive news sentiment and mixed technical signals. The company's relatively low volatility could be a risk factor, but also provides a potential opportunity for further upside.
Risk & Volatility Assessment: Beta Interpretation: Beta of 0.65 indicates that the stock moves less than the market, which could be a risk factor.
Volatility Regime: Current vs historical volatility levels: Low volatility
Options Market Signals:
- IV Rank: 33.5% (Medium)
- Current IV: 109.3%
- Expected Move: $1.60 (23 DTE), 7-DTE: $1.60
- Volume Flow: 45 calls vs 34 puts
- Open Interest: 177 calls vs 37 puts
- Put/Call Volume Ratio: 0.76 (Neutral sentiment)
- Put/Call OI Ratio: 0.21
Downside Protection: Support levels: $14.53, $13.58; Risk management considerations: Stop-loss levels and position sizing considerations.
Market Context & Positioning: Sector Performance: Relative strength vs sector/market: Neutral
Institutional Activity: Volume patterns suggesting institutional interest: Stable volume flow
Correlation Analysis: How stock moves relative to market (R-squared interpretation): 0.34; Low correlation indicates low risk
Relative Valuation: Position within trading range: Within the middle of the trading range
Key Levels & Action Items: Critical Price Levels:
- Support levels: $14.53, $13.58
- Resistance levels: $16.58, $17.18
Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- Bullish breakout above $16.58
- Bearish breakdown below $14.53
Time-Sensitive Catalysts: Earnings date not available
Risk Management: Stop-loss levels and position sizing considerations.
Please note that this is a comprehensive analysis report based on the provided data, but it does not contain buy/sell advice or specific recommendations for investors.
Generated
News
All SAFE news →
Rising long rates tested deal flow, but embedded debt value hints at upside.
Earnings History
22 of 22 under expected move
Avg Expected Move
11.31%
Avg Actual Move
2.06%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-23 | Pre-Market | 21.18% | 1.14% | 0.05x | Within |
| 2021-04-29 | Pre-Market | 4.71% | 0.43% | 0.09x | Within |
| 2021-08-03 | Pre-Market | 7.60% | 1.33% | 0.18x | Within |
| 2021-11-02 | Pre-Market | 6.47% | 0.31% | 0.05x | Within |
| 2022-02-24 | Pre-Market | 14.73% | 5.87% | 0.40x | Within |
| 2022-05-03 | Pre-Market | 19.89% | 3.78% | 0.19x | Within |
| 2022-11-03 | Pre-Market | 19.20% | 0.67% | 0.03x | Within |
| 2023-04-26 | Pre-Market | 11.71% | 2.63% | 0.22x | Within |
| 2023-08-01 | Pre-Market | 5.26% | 1.54% | 0.29x | Within |
| 2023-10-31 | Pre-Market | 11.04% | 0.18% | 0.02x | Within |
| 2024-02-12 | Pre-Market | 4.86% | 1.21% | 0.25x | Within |
| 2024-05-06 | Pre-Market | 7.28% | 0.00% | 0.00x | Within |
| 2024-07-29 | Pre-Market | 8.67% | 0.66% | 0.08x | Within |
| 2024-10-28 | After-Close | 7.44% | 4.42% | 0.59x | Within |
| 2025-02-05 | After-Close | 12.69% | 7.92% | 0.62x | Within |
| 2025-05-06 | Pre-Market | 14.92% | 1.48% | 0.10x | Within |
| 2025-08-05 | After-Close | 7.54% | 1.26% | 0.17x | Within |
| 2025-11-05 | Pre-Market | 14.86% | 0.62% | 0.04x | Within |
| 2026-02-11 | After-Close | 4.98% | 1.40% | 0.28x | Within |
| 2026-04-30 | Pre-Market | 9.80% | 1.33% | 0.14x | Within |
| 2026-07-30 | Pre-Market | 17.13% | 3.12% | 0.18x | Within |
| 2026-11-03 | After-Close | 16.92% | 4.10% | 0.24x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
SAFE Options Activity & IV Rank
SAFE IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 58.2%
7-DTE IV: 70.9%
Expected Move: $1.77
7-DTE Move: $1.30
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 356
Put Volume: 199
P/C Volume: 0.559
BULLISH
Call OI: 1,902
Put OI: 1,414
P/C OI: 0.743
Total OI: 3,316
ATM Options Pricing
ATM Call: $1.43
ATM Put: $0.35
Call %: 13.2%
Put %: 3.2%
Chain Summary
Chain Volume: 555
Chain OI: 3,316
Last Updated: 11/9/2026
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
TYPICAL γ
Estimated net dealer gamma is at the 70th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
70%
vs own history
GEX tilt
+0.31
OI-weighted, today
Vanna tilt
+0.87
δ-sensitivity to IV
Charm tilt
-0.68
δ-decay vs time
Vanna tilt +0.87: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.68: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 9 ATM contracts, 2k total OI
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.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow 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 sideWhich 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
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
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)17.8LowNov 9
IV Rank (30 DTE)35.3MediumNov 9
Straddle Price (30 DTE)$1.77Nov 9
Beta Analysis
Risk Metrics
Beta: 0.4478
Alpha: -21.10%
Correlation: 0.1886
R-Squared: 3.6%
Stock Volatility: 32.6%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
SAFE Institutional Ownership (13F)
Filings for 2026-06-30 · 96 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 71,600,750 (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.
4 filers$438.75K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $287.31K | 65.48% | 2026-06-30 |
| 2 | IMC-Chicago, LLC Custodian | $142.42K | 32.46% | 2026-09-30 |
| 3 | Simplex Trading, LLC Custodian | $5.88K | 1.34% | 2026-09-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $3.14K | 0.72% | 2026-06-30 |
5 filers$1.74M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $874.49K | 50.34% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $381.51K | 21.96% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $348.54K | 20.06% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $120.89K | 6.96% | 2026-06-30 |
| 5 | Simplex Trading, LLC Custodian | $11.77K | 0.68% | 2026-09-30 |
SAFE Insider Trading (Form 4)
Latest: 2026-10-19Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-10-19 | Robin Josephs | Director | Award (A) | +487 | — | EDGAR | |
| 2026-10-19 | Barry W Ridings | Director | Award (A) | +44 | — | EDGAR | |
| 2026-09-11 | Robin Josephs | Director | Sell (S) | −9,500 | $14.56 | -$138.3K | EDGAR |
| 2026-07-17 | Barry W Ridings | Director | Award (A) | +30 | — | EDGAR | |
| 2026-07-17 | Robin Josephs | Director | Award (A) | +335 | — | EDGAR | |
| 2026-06-01 | Christopher Michael Uhlick | Chief Accounting Officer | Award (A) | +4,500 | — | EDGAR | |
| 2026-05-15 | Stefan M Selig | Director | Award (A) | +13,655 | — | EDGAR | |
| 2026-05-15 | Jay S Nydick | Director | Award (A) | +8,778 | — | EDGAR | |
| 2026-05-15 | Robin Josephs | Director | Award (A) | +8,778 | — | EDGAR | |
| 2026-05-15 | Barry W Ridings | Director | Award (A) | +8,778 | — | EDGAR | |
| 2026-04-17 | Robin Josephs | Director | Award (A) | +359 | — | EDGAR | |
| 2026-04-17 | Barry W Ridings | Director | Award (A) | +33 | — | EDGAR | |
| 2026-04-02 | Brett Asnas | CHIEF FINANCIAL OFFICER | Tax (F) | −8,118 | — | EDGAR | |
| 2026-04-02 | Jay Sugarman | CHAIRMAN AND CEO | Tax (F) | −23,662 | — | EDGAR | |
| 2026-03-03 | Brett Asnas | CHIEF FINANCIAL OFFICER | Mixed Grant +66,171 · Tax −27,295 |
+38,876 | — | 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.
SAFE Insider Holdings
8 insiders · @ $10.79
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 | Jay Sugarman | CHAIRMAN AND CEO | 2,000,226 | $21.58M | -$30.13M | 123 | 2026-04-02 |
| 2 | Brett Asnas | CHIEF FINANCIAL OFFICER | 205,849 | $2.22M | $0 | 12 | 2026-04-02 |
| 3 | Stefan M Selig | Director | 105,169 | $1.13M | $200.0K | 11 | 2026-05-15 |
| 4 | Michael Lane Trachtenberg | President | 93,076 | $1.00M | $0 | 1 | 2025-12-03 |
| 5 | Robin Josephs | Director | 92,662 | $999.8K | $349.9K | 50 | 2026-10-19 |
| 6 | Jay S Nydick | Director | 77,336 | $834.5K | $400.6K | 29 | 2026-05-15 |
| 7 | Barry W Ridings | Director | 66,434 | $716.8K | $174.8K | 27 | 2026-10-19 |
| 8 | Christopher Michael Uhlick | Chief Accounting Officer | 12,483 | $134.7K | $0 | 2 | 2026-06-01 |
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.
SAFE Board & Officers
As of SEC filings through Oct 19, 2026Directors 5
- Jay Sugarman · on file since 2006
- Robin Josephs · on file since Aug 2007
- Barry W Ridings · since Aug 4, 2011
- Stefan M Selig · since Mar 31, 2023
- Jay S Nydick · listed since Apr 2023
Officers 4
- Jay Sugarman · Chairman and CEO · on file since 2006
- Michael Lane Trachtenberg · President · since Dec 1, 2025
- Brett Asnas · Chief Financial Officer · since Feb 4, 2022
- Christopher Michael Uhlick · Chief Accounting Officer · since Jul 7, 2025
Changes in the last 10 years (27)
| Dec 1, 2025 | Michael Lane Trachtenberg became President |
| Jul 7, 2025 | Christopher Michael Uhlick became Chief Accounting Officer |
| Jan 16, 2024 | The company announced the departure of Marcos Alvarado as President & CIO in an SEC filing |
| Nov 21, 2023 | The company announced the departure of Garett Rosenblum as Chief Accounting Officer in an SEC filing |
| Apr 4, 2023 | Star Holdings first on file as a 10% owner |
| Apr 4, 2023 | Richard J Lieb reported in an SEC filing no longer being a director |
| Apr 4, 2023 | Jay S Nydick no longer listed as President in SEC filings |
| Apr 4, 2023 | Jay S Nydick first listed as a director in an SEC filing |
| Apr 4, 2023 | Istar Inc. first on file as a 10% owner |
| Apr 4, 2023 | Clifford Desouza reported in an SEC filing no longer being a director |
| Mar 31, 2023 | Stefan M Selig became a director |
| Mar 31, 2023 | SFTY Venture LLC became a director |
| Mar 31, 2023 | Marcos Alvarado first listed as a director in an SEC filing |
| Mar 31, 2023 | Jesse Hom became a director |
| Mar 31, 2023 | GIC Real Estate, Inc. became a director |
| Mar 31, 2023 | GIC Real Estate Private Ltd became a director |
| Mar 31, 2023 | GIC Private Ltd became a director |
| Feb 4, 2022 | Brett Asnas became Chief Financial Officer |
| Feb 25, 2021 | Garett Rosenblum became Chief Accounting Officer |
| Aug 3, 2020 | David Eisenberg became a director |
| Mar 23, 2020 | Jeremy Fox-Geen became Chief Financial Officer |
| Feb 20, 2020 | Anita M Sands became a director |
| May 28, 2019 | Marcos Alvarado listed as President & CIO (previously Chief Investment Officer) in SEC filings |
| May 16, 2019 | Richard J Lieb became a director |
| Jan 10, 2019 | Nina Matis listed as Vice Chmn/Chief Legal Officer (previously Chief Legal Officer & CIO) in SEC filings |
| Mar 30, 2018 | Andrew C Richardson became Interim CFO |
| Feb 26, 2018 | Marcos Alvarado became Chief Investment Officer |
Not reported recently (16)
- Jesse Hom · Last reported as a director in an SEC filing dated May 15, 2024
- Marcos Alvarado · Last reported as a director in an SEC filing dated Jun 20, 2023
- Star Holdings · Last reported as a 10% owner in an SEC filing dated Apr 17, 2023
- GIC Private Ltd · Last reported as a director in an SEC filing dated Apr 4, 2023
- SFTY Venture LLC · Last reported as a director in an SEC filing dated Apr 4, 2023
- GIC Real Estate Private Ltd · Last reported as a director in an SEC filing dated Apr 4, 2023
- GIC Real Estate, Inc. · Last reported as a director in an SEC filing dated Apr 4, 2023
- Istar Inc. · Last reported as a 10% owner in an SEC filing dated Apr 4, 2023
- David Eisenberg · Last reported as a director in an SEC filing dated Jan 23, 2023
- Jeremy Fox-Geen · Last reported as Chief Financial Officer in an SEC filing dated Mar 11, 2021
- Anita M Sands · Last reported as a director in an SEC filing dated May 26, 2020
- Robert W Holman Jr · Last reported as a director in an SEC filing dated May 23, 2019
- Nina Matis · Last reported as Vice Chmn/Chief Legal Officer in an SEC filing dated Feb 4, 2019
- Dale Anne Reiss · Last reported as a director in an SEC filing dated Jan 10, 2019
- Andrew C Richardson · Last reported as Interim CFO in an SEC filing dated Apr 2, 2018
- Geoffrey G Jervis · Last reported as COO and CFO in an SEC filing dated Mar 30, 2018
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.
SAFE Proposed Insider Sales (Form 144)
Latest: 2026-09-09
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $138K 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:
Robin Josephs Trust (1, $138K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-09-09 | Robin Josephs Trust | Board Member | 9,500 | $138.3K | 2026-09-09 | Merrill Lynch | — | EDGAR |
| 2023-12-19 | Jay S. Nydick Irrevocable Trust GST U/A DTD 12/04/2012 | Member of immediate family of any of the foregoing | 8,046 | $185.1K | 2023-12-19 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2023-12-18 | JAY S NYDICK | Director | 10,500 | $241.7K | 2023-12-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2023-12-12 | JOSEPHS ROBIN | Director | 1,150 | $25.0K | 2023-12-22 | Merrill Lynch | — | 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: 2026-11-04
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 | Other events | EDGAR |
| 2026-11-03 | Earnings results · Regulation FD disclosure | EDGAR |
| 2026-10-02 | Other events | EDGAR |
| 2026-08-03 | Other events | EDGAR |
| 2026-07-30 | Other events | EDGAR |
| 2026-07-30 | Earnings results · Regulation FD disclosure | EDGAR |
| 2026-06-16 | Other events | EDGAR |
| 2026-06-12 | Other events | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
ETF Holders
84 ETFs hold SAFE
25 shown · $224.37M total exposure · 0.02% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.03% | $28.5M | $103.8B | 2026-11-06 |
| 2 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.00% | $22.1M | — | 2026-09-30 |
| 3 | VNQ Vanguard Real Estate ETF | Vanguard | 0.03% | $20.7M | — | 2026-09-30 |
| 4 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $20.2M | — | 2026-09-30 |
| 5 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.02% | $15.6M | $76.6B | 2026-11-06 |
| 6 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.00% | $14.6M | — | 2026-09-30 |
| 7 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.01% | $14.1M | — | 2026-09-30 |
| 8 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.01% | $12.9M | $187.1B | 2026-11-06 |
| 9 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.01% | $9.2M | — | 2026-09-30 |
| 10 | SCZ iShares MSCI EAFE Small-Cap ETF | iShares (BlackRock) | 0.05% | $5.9M | $12.6B | 2026-11-06 |
| 11 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $5.9M | — | 2026-09-30 |
| 12 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.04% | $5.6M | $13.9B | 2026-11-06 |
| 13 | VSS Vanguard FTSE All-World EX-US Small-Cap Index Fund | Vanguard | 0.04% | $5.6M | — | 2026-09-30 |
| 14 | VNQI Vanguard Global ex-U.S. Real Estate ETF | Vanguard | 0.15% | $5.5M | — | 2026-09-30 |
| 15 | SCHH Schwab U.S. REIT ETF | Nport | 0.05% | $5.5M | — | 2026-08-31 |
| 16 | REET iShares Global REIT ETF | iShares (BlackRock) | 0.09% | $4.4M | $4.9B | 2026-11-06 |
| 17 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.03% | $4.4M | $15.7B | 2026-11-05 |
| 18 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.05% | $3.9M | $7.5B | 2026-11-06 |
| 19 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.02% | $3.9M | — | 2026-09-30 |
| 20 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.01% | $3.6M | — | 2026-09-30 |
| 21 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.01% | $3.3M | — | 2026-08-31 |
| 22 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.05% | $2.5M | $4.9B | 2026-11-05 |
| 23 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.00% | $2.3M | $56.4B | 2026-11-06 |
| 24 | USRT iShares Core U.S. REIT ETF | iShares (BlackRock) | 0.05% | $2.2M | $4.2B | 2026-11-06 |
| 25 | IDEV iShares Core MSCI International Developed Markets ETF | iShares (BlackRock) | 0.01% | $2.1M | $33.4B | 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
6.66
TTM Diluted EPS
$1.62
TTM Revenue
$112.59M
TTM Net Income
$115.70M
TTM Op. Cash Flow
$43.84M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $33.84M | $28.81M | $0.41 | $5.49M |
| Q2 '26 | 2026-06-30 | $31.74M | $30.16M | $0.42 | $34.63M |
| Q1 '26 | 2026-03-31 | $30.02M | $28.86M | $0.40 | $-8.60M |
| Q4 '25 | 2025-12-31 | $16.99M | $27.88M | $0.38 | $12.32M |
| Q3 '25 | 2025-09-30 | $16.99M | $29.28M | $0.41 | $-1.41M |
| Q2 '25 | 2025-06-30 | $16.71M | $27.95M | $0.39 | $28.00M |
| Q1 '25 | 2025-03-31 | $21.38M | $29.36M | $0.41 | $8.90M |
| Q4 '24 | 2024-12-31 | $16.72M | $26.04M | $0.36 | $7.90M |
| Q3 '24 | 2024-09-30 | $16.65M | $19.33M | $0.27 | $8.26M |
| Q2 '24 | 2024-06-30 | $16.69M | $29.66M | $0.42 | $24.76M |
| Q1 '24 | 2024-03-31 | $21.00M | $30.73M | $0.43 | $-3.06M |
| Q4 '23 | 2023-12-31 | $16.92M | $41.18M | $0.65 | $23.06M |
Q3 2026 • period ending 2026-09-30 • filed 2026-11-04
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
6.66
P/B
0.29
P/S
8.09
EV/EBITDA
1633.71
EV/Sales
56.53
ROE
4.4%
ROA
1.5%
Div Yield
6.89%
FCF Yield
4.77%
Debt/Equity
1.77
Current Ratio
—
Market Cap
$774.68M
as of 2026-11-09
SAFE vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| O Realty Income Corporation | $56.1B | 43.1 | +8.2% | +3.8% | 16 |
| VICI VICI Properties Inc. Common Stock | $27.3B | 11.5 | +5.4% | −10.6% | 43 |
| WPC W.P. Carey Inc. (REIT) | $15.0B | 22.7 | +9.0% | +1.6% | 35 |
| ADC Agree Realty Corporation | $9.1B | 36.2 | +17.7% | −2.7% | 48 |
| NNN NNN REIT, Inc. | $8.0B | 19.9 | +7.0% | +5.5% | 62 |
| EPR EPR Properties | $4.6B | 17.2 | +9.3% | +20.5% | 47 |
| LXP LXP Industrial Trust | $3.6B | 31.5 | −3.5% | +23.4% | 46 |
| BNL Broadstone Net Lease, Inc. | $3.4B | 23.5 | +8.0% | +2.2% | 18 |
| SAFE Safehold Inc. | $741M | 6.7 | +56.8% | −20.8% | 35 |
| Peer median | $8.5B | 23.1 | +8.1% | +3.0% | 44 |
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
3.22M
SI % of Float
7.17%
Days to Cover
4.51
Short Vol Ratio
63.5%
Free Float
44.89M
Float %
63.4%
Short interest 2026-10-15 • Short volume 2026-11-09 • Float 2026-08-14