SND Smart Sand, Inc.
XNAS 3.95 DelayedStock 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.
SND
$3.95
—
What changed
Recent filings, trades and movesKey stats
$3.95
- 52-Week Range
- $2.09 – $5.92
- YTD
- -2.23%
- IV Rank (30D)
- 61.38
- Straddle Price
- $1.65
- P/C Vol Ratio
- 0.14
- Market Cap
- $0.2B
- Open
- $3.64
- Day Range
- $3.61 – $4.06
- Volume
- 585,960
- Prev Close
- $3.58
Fair Value
+50.0% vs price
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 | 0.92 |
| Cost of Equity (CAPM) | 9.51% (VRP-adj) |
| WACC | 9.26% |
| Volatility Risk Premium | +69.7pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +24.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.0B |
| Return on Equity (TTM) | 4.4% |
| Book / Price | 160.8% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 13.5% |
| FCF Margin (TTM) | 8.9% |
| Debt / Equity | 0.04 |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $5.08 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $4.84 |
| Bollinger Width / SMA20 | 36.8% (drives anchor stability) |
| Net Debt | $-0.0B |
| Market Cap | $0B |
Peers used for multiples: BELFB, CLYM, ENVA, PRM
(filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$27.19
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $43.67 | 39% | |
| DDM (Gordon) | $6.98 | 31% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | n/a | 0% | |
| Peer P/B | $16.55 | 15% | median 2.9× · 4 peers |
| Peer P/S | $37.04 | 15% | median 3.6× · 3 peers |
| Market Anchor (SMA50) | $5.08 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- MINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) (1400) · industry map
- Exchange
- XNAS
- Market Cap
- $0.2B
- Employees
- 318
- List Date
- 2016-11-04
- CIK
- 0001529628
- Next Earnings
- 2026-11-11 (After-Close)
- EPS Forecast
- ($0.14)
- Headquarters
- Yardley, PA
- Homepage
- https://www.smartsand.com
Smart Sand Inc. is a fully integrated frac sand company providing mine-to-well site proppant supply and logistics. It produces Northern White frac sand for enhanced hydrocarbon recovery in oil and gas wells. The company offers products like Smart System, SmartBelt, SmartDepot Silo, and SmartPath Loader. It is expanding into industrial markets, including glass, ceramics, and renewable energy, while its main revenue comes from sand sales and logistics. The company has two reportable segments, Sand and SmartSystems. It derives maximum revenue from Sand segment, which includes both frac sand sales…
Summary
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composite
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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 | -5.70% | 3.16% | 5.23% | -10.63% | 2.14% | 15.10% | 1.55% |
| Feb | 75.27% | 68.81% | -1.12% | 12.22% | -6.90% | 9.96% | 26.37% |
| Mar | -20.94% | 6.81% | -12.87% | -3.54% | 22.75% | 21.90% | 2.35% |
| Apr | -7.63% | 22.54% | -5.49% | 9.42% | -16.00% | 9.98% | 2.14% |
| May | 4.92% | -16.13% | -15.43% | 5.63% | -8.21% | -20.41% | -8.27% |
| Jun | 30.59% | -41.52% | 6.49% | -4.52% | 8.06% | 5.03% | 0.69% |
| Jul | -17.25% | 22.84% | 7.65% | -1.42% | 2.51% | -11.86% | 0.41% |
| Aug | -11.59% | -20.00% | 8.99% | 6.31% | -5.37% | 21.99% | 0.05% |
| Sep | 3.81% | -6.59% | 16.58% | -7.51% | 10.31% | -1.73% | 2.48% |
| Oct | -8.80% | 54.04% | -5.48% | 4.55% | 1.42% | -6.20% | 6.59% |
| Nov | -18.30% | -11.42% | -8.45% | 17.73% | 37.21% | -14.50%* | 0.38% |
| Dec | -3.26% | -4.28% | -2.53% | -6.25% | 22.70% | -- | 1.28% |
| Total | -9.47% | 34.03% | -10.98% | 19.41% | 77.69% | 20.20% | 21.81% |
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: $4.78
SMA 50: $5.05
SMA 200: $4.89
Current: $3.95
EMA 12: $4.42
EMA 26: $4.72
MACD: -0.3026 | Signal: -0.1273
BEARISH
ADX (14): 29.90
TREND
+DI: 10.72
−DI: 40.25
Momentum Oscillators
RSI (14): 32.04
NEUTRAL
Stoch %K: 7.80
Stoch %D: 5.01
Williams %R: -77.91
Volume & Volatility
BB Upper: $5.72
BB Lower: $3.83
NEUTRAL
OBV: 23,013,926
Vol SMA 20: 252,722
Vol ROC: 212.79%
ATR: $0.26
True Range: $0.48
HV 20: 79.4%
HV 30: 67.5%
HV 60: 54.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
Written before SND’s Aug 11 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report: SND
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Recent news sentiment, momentum signals, and options market activity.
Primary Risks: High volatility, negative beta, and potential earnings misses.
Investment Thesis: SND's recent dividend announcement may attract investors, but the company's high volatility and negative beta pose significant risks. The stock's neutral sentiment and mixed technical indicators suggest a cautious approach is warranted.
Recent News Sentiment Impact: Positive news headlines from the special dividend declaration have had a neutral impact on the stock's price movement.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Uptrend
- Long-term (3-12 months): Downtrend
Support/Resistance Levels:
- SMA 20: $4.56
- EMA 12: $4.42
- Lower Bollinger Band: $3.99
Momentum Signals:
- RSI (14): 50.34 (neutral)
- MACD signal: -0.14 / Signal: -0.00 / Histogram: -0.14 (bearish)
Volume Analysis: Volume SMA 20: 279121.30, indicating a neutral volume trend.
News & Sentiment Analysis
Recent Headlines Summary: The past week's news headlines have been mostly neutral, with two positive and three neutral articles. One negative headline from OPAL Fuels Inc.'s (OPAL) earnings miss has had a minor impact on the stock's price movement.
Sentiment Assessment: Neutral sentiment prevails, with a slight bullish bias due to the recent dividend announcement.
Catalyst Identification: The upcoming quarterly earnings release may have a significant impact on the stock's price movement.
Market Narrative: The technical indicators suggest a neutral-to-bearish trend, while the news headlines and options market activity indicate a cautiously optimistic sentiment.
Risk & Volatility Assessment
Beta Interpretation: SND has a negative beta (-0.06), indicating that it tends to move in the opposite direction of the broader market.
Volatility Regime: The current volatility level is high (0.69), which may pose risks for investors.
Options Market Signals: IV Rank: 18.3% (Low), Current IV: 111.3%, and Put/Call Volume Ratio: 0.17 (Bullish sentiment).
Market Context & Positioning
Sector Performance: SND is trading in line with the broader oilfield services sector.
Institutional Activity: Institutional interest is moderate, with a slight increase in buying pressure.
Correlation Analysis: The stock has a negative correlation (-0.01) with the market, indicating that it tends to move independently.
Relative Valuation: SND's current price-to-book ratio is slightly below its 1-year average.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $4.56
- EMA 12: $4.42
- Lower Bollinger Band: $3.99
Breakout/Breakdown Levels: The upper Bollinger Band ($5.13) serves as a potential resistance level, while the lower Bollinger Band ($3.99) represents support.
Time-Sensitive Catalysts: The upcoming quarterly earnings release may have a significant impact on the stock's price movement.
Risk Management: Investors should consider setting stop-loss levels around $4.25 and position sizing based on their risk tolerance.
Please note that this analysis is based solely on the provided data and does not constitute investment advice.
Generated
News
All SND news →
Earnings History
16 of 18 under expected move
Avg Expected Move
35.56%
Avg Actual Move
7.34%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-03-02 | After-Close | 34.97% | 18.31% | 0.52x | Within |
| 2021-05-04 | After-Close | 16.60% | 3.32% | 0.20x | Within |
| 2021-08-04 | After-Close | 27.80% | 4.98% | 0.18x | Within |
| 2021-11-09 | After-Close | 28.26% | 6.09% | 0.22x | Within |
| 2022-03-08 | After-Close | 21.59% | 19.77% | 0.92x | Within |
| 2023-05-09 | After-Close | 22.63% | 11.05% | 0.49x | Within |
| 2023-08-08 | After-Close | 41.01% | 7.87% | 0.19x | Within |
| 2024-03-11 | After-Close | 27.23% | 3.96% | 0.15x | Within |
| 2024-05-13 | After-Close | 19.57% | 4.35% | 0.22x | Within |
| 2024-08-13 | After-Close | 52.42% | 6.45% | 0.12x | Within |
| 2024-11-12 | After-Close | 10.46% | 17.49% | 1.67x | Exceeded |
| 2025-03-04 | Pre-Market | 22.51% | 1.90% | 0.08x | Within |
| 2025-05-13 | Pre-Market | 47.10% | 4.35% | 0.09x | Within |
| 2025-08-12 | After-Close | 127.27% | 1.60% | 0.01x | Within |
| 2025-11-12 | Pre-Market | 99.79% | 0.86% | 0.01x | Within |
| 2026-02-26 | After-Close | 15.75% | 2.17% | 0.14x | Within |
| 2026-05-12 | After-Close | 10.14% | 11.00% | 1.08x | Exceeded |
| 2026-08-11 | After-Close | 15.05% | 6.67% | 0.44x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
SND Options Activity & IV Rank
SND IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 126.2%
7-DTE IV: —
Expected Move: $1.65
7-DTE Move: $1.32
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 157
Put Volume: 22
P/C Volume: 0.14
BULLISH
Call OI: 9,493
Put OI: 52
P/C OI: 0.005
Total OI: 9,545
ATM Options Pricing
ATM Call: $0.38
ATM Put: $1.27
Call %: 9.5%
Put %: 32.3%
Chain Summary
Chain Volume: 179
Chain OI: 9,545
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 28th 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
28%
vs own history
GEX tilt
+0.97
OI-weighted, today
Vanna tilt
+0.98
δ-sensitivity to IV
Charm tilt
-0.94
δ-decay vs time
Vanna tilt +0.98: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.94: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 4 ATM contracts, 3k 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)
IV Rank (30 DTE)61.4MediumNov 9
Straddle Price (30 DTE)$1.65Nov 9
Beta Analysis
Risk Metrics
Beta: 0.2616
Alpha: 86.91%
Correlation: 0.0500
R-Squared: 0.3%
Stock Volatility: 71.9%
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
Notable investors who own SND
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $668K | #4156 of 6285 | +547.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $579K | #3117 of 3716 | -76.2% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $281K | #2795 of 3138 | +10.9% | 13F |
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
SND Institutional Ownership (13F)
Filings for 2026-06-30 · 30 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 40,065,500 (as of 2026-06-30)
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.
7 filers$5.96M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $3.12M | 52.37% | 2026-06-30 |
| 2 | PEAK6 LLC | $1.07M | 18.01% | 2026-06-30 |
| 3 | Simplex Trading, LLC Custodian | $667.65K | 11.21% | 2026-09-30 |
| 4 | Citadel Advisors LLC Custodian | $519.54K | 8.72% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $369.15K | 6.20% | 2026-09-30 |
| 6 | Jane Street Group, LLC Custodian | $157.81K | 2.65% | 2026-06-30 |
| 7 | GROUP ONE TRADING LLC Custodian | $50.10K | 0.84% | 2026-06-30 |
1 filers$2.50K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | GROUP ONE TRADING LLC Custodian | $2.50K | 100.00% | 2026-06-30 |
SND Insider Trading (Form 4)
Latest: 2026-08-24Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-08-24 | James Douglas Young | SEE REMARKS | Sell (S) | −47,030 | $4.82 | -$226.9K | EDGAR |
| 2026-08-20 | Timothy Pawlenty | Director | Award (A) | +18,868 | — | EDGAR | |
| 2026-08-20 | William John Young | Chief Operating Officer | Award (A) | +62,893 | — | EDGAR | |
| 2026-08-20 | Andrew R Speaker | Director | Award (A) | +18,868 | — | EDGAR | |
| 2026-08-20 | Lee E Beckelman | Chief Financial Officer | Award (A) | +62,893 | — | EDGAR | |
| 2026-08-20 | James Douglas Young | SEE REMARKS | Award (A) | +62,893 | — | EDGAR | |
| 2026-08-20 | Christopher M. Green | Vice President of Accounting | Award (A) | +12,176 | — | EDGAR | |
| 2026-08-20 | Ronald P Whelan | SEE REMARKS | Award (A) | +41,929 | — | EDGAR | |
| 2026-08-20 | Francis Michael Porcelli | Director | Award (A) | +18,868 | — | EDGAR | |
| 2026-08-20 | Sharon Spurlin | Director | Award (A) | +18,868 | — | EDGAR | |
| 2026-08-20 | Robert Kiszka | Executive VP of Operations | Award (A) | +41,929 | — | EDGAR | |
| 2026-08-20 | KEYSTONE CRANBERRY, LLC | Director | Award (A) | +110,063 | — | EDGAR | |
| 2026-08-19 | James Douglas Young | SEE REMARKS | Sell (S) | −27,970 | $4.89 | -$136.8K | EDGAR |
| 2026-08-19 | Lee E Beckelman | Chief Financial Officer | Sell (S) | −50,000 | $4.79 | -$239.5K | EDGAR |
| 2026-08-17 | Sharon Spurlin | Director | Sell (S) | −17,700 | $5.07 | -$89.7K | 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.
SND Insider Holdings
12 insiders · @ $3.95
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 | KEYSTONE CRANBERRY, LLC | Director | 7,467,796 | $29.50M | $99.0K | 12 | 2026-08-20 |
| 2 | Charles Edwin Young | CEO | 7,357,733 | $29.06M | -$28.63M | 36 | 2026-06-09 |
| 3 | Robert Kiszka | Executive VP of Operations | 1,030,267 | $4.07M | -$2.22M | 51 | 2026-08-20 |
| 4 | Andrew R Speaker | Director | 996,221 | $3.94M | -$6.59M | 26 | 2026-08-20 |
| 5 | Lee E Beckelman | Chief Financial Officer | 784,738 | $3.10M | -$382.7K | 54 | 2026-08-20 |
| 6 | Francis Michael Porcelli | Director | 762,928 | $3.01M | -$1.49M | 8 | 2026-08-20 |
| 7 | William John Young | Chief Operating Officer | 680,680 | $2.69M | -$414.9K | 59 | 2026-08-20 |
| 8 | Ronald P Whelan | SEE REMARKS | 512,256 | $2.02M | -$16.7K | 52 | 2026-08-20 |
| 9 | James Douglas Young | SEE REMARKS | 382,135 | $1.51M | -$596.4K | 46 | 2026-08-24 |
| 10 | Timothy Pawlenty | Director | 239,415 | $945.7K | -$505.0K | 18 | 2026-08-20 |
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.
SND Board & Officers
As of SEC filings through Aug 24, 2026Directors 6
- Charles Edwin Young · since Nov 3, 2016
- Keystone Cranberry, LLC (entity) · since Nov 3, 2016
- Sharon Spurlin · since Nov 3, 2016
- Timothy Pawlenty · since Nov 3, 2016
- Francis Michael Porcelli · since Feb 9, 2021
- Andrew R Speaker · listed since Jun 2023
Officers 7
- Charles Edwin Young · CEO · since Nov 3, 2016
- Ronald P Whelan · The Reporting Person is Executive Vice President of Sales of the Issuer. · listed since May 2019
- Christopher M. Green · Vice President of Accounting · since Mar 6, 2023
- Lee E Beckelman · Chief Financial Officer · since Nov 3, 2016
- William John Young · Chief Operating Officer · since Nov 3, 2016
- Robert Kiszka · Executive VP of Operations · listed since Nov 2016
- James Douglas Young · since Jun 19, 2017
10% owners 2
- Charles Edwin Young · since Nov 3, 2016
- Keystone Cranberry, LLC (entity) · since Nov 3, 2016
Changes in the last 10 years (20)
| Dec 21, 2023 | The company announced the departure of Jose Enrique Feliciano from the board in an SEC filing |
| Jun 20, 2023 | Andrew R Speaker first listed as a director in an SEC filing |
| Mar 6, 2023 | Christopher M. Green became Vice President of Accounting |
| Dec 21, 2021 | Clearlake Capital Management II, L.p. first on file as a director |
| Dec 21, 2021 | Clearlake Capital Management II, L.p. first on file as a 10% owner |
| Dec 21, 2021 | Clearlake Capital Group, L.p. first on file as a director |
| Dec 21, 2021 | Clearlake Capital Group, L.p. first on file as a 10% owner |
| Nov 22, 2021 | The company announced the departure of Susan E Neumann as The Reporting Person is Vice President of Accounting and Controller. in an SEC filing |
| Sep 27, 2021 | Richard J Shearer became President-Industrial Products |
| Feb 9, 2021 | Francis Michael Porcelli became a director |
| May 2, 2019 | Ronald P Whelan listed as The Reporting Person is Executive Vice President of Sales of the Issuer. (previously The Reporting Person is Vice President of Business Development of the Issuer.) in SEC filings |
| May 25, 2018 | Ccp Mm, LLC became a director |
| May 25, 2018 | Ccp Mm, LLC became a 10% owner |
| Jun 19, 2017 | James Douglas Young became an officer |
| Apr 3, 2017 | Clearlake Capital Partners, LLC first listed as a director in an SEC filing |
| Apr 3, 2017 | Clearlake Capital Partners II GP, L.P. first listed as a director in an SEC filing |
| Apr 3, 2017 | Clearlake Capital Partners II (master), L.p. first listed as a director in an SEC filing |
| Apr 3, 2017 | CCG Operations, LLC first listed as a director in an SEC filing |
| Apr 3, 2017 | Behdad Eghbali first listed as a director in an SEC filing |
| Nov 30, 2016 | Robert Kiszka listed as Executive VP of Operations (previously Execute VP of Operations) in SEC filings |
Not reported recently (12)
- Richard J Shearer · Last reported as President-Industrial Products in an SEC filing dated Jun 9, 2023
- Jose Enrique Feliciano · Last reported as a 10% owner in an SEC filing dated Mar 15, 2023
- Clearlake Capital Partners, LLC · Last reported as a 10% owner in an SEC filing dated Mar 15, 2023
- Clearlake Capital Partners II (master), L.p. · Last reported as a 10% owner in an SEC filing dated Mar 15, 2023
- Clearlake Capital Partners II GP, L.P. · Last reported as a 10% owner in an SEC filing dated Mar 15, 2023
- Behdad Eghbali · Last reported as a 10% owner in an SEC filing dated Mar 15, 2023
- CCG Operations, LLC · Last reported as a 10% owner in an SEC filing dated Mar 15, 2023
- Clearlake Capital Group, L.p. · Last reported as a director in an SEC filing dated Mar 15, 2023
- Clearlake Capital Management II, L.p. · Last reported as a director in an SEC filing dated Mar 15, 2023
- Colin Leonard · Last reported as a director in an SEC filing dated Dec 22, 2020
- Ccp Mm, LLC · Last reported as a director in an SEC filing dated Jun 20, 2018
- Tracy Robinson · Last reported as a director in an SEC filing dated Jun 13, 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.
SND Proposed Insider Sales (Form 144)
Latest: 2026-08-19
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
4 filings
· $1.2M notice value
· 4 unique filers
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:
Sharon Spurlin (1, $495K) · Young James Douglas (1, $383K) · Lee E Beckelman (1, $240K) · Green Christopher M. (1, $70K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-19 | Lee E Beckelman | Officer | 50,000 | $239.5K | 2026-08-19 | Merrill Lynch | — | EDGAR |
| 2026-08-17 | Young James Douglas | Officer | 75,000 | $383.2K | 2026-08-17 | Vanguard Marketing Corporation | — | EDGAR |
| 2026-08-14 | Sharon Spurlin | Director | 100,000 | $495.0K | 2026-08-14 | J.P. Morgan Securities LLC | — | EDGAR |
| 2026-08-14 | Green Christopher M. | Officer | 13,874 | $69.8K | 2026-08-14 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-05-26 | Sharon Spurlin | Director | 160,000 | $785.6K | 2026-05-26 | J.P. Morgan Securities LLC | — | EDGAR |
| 2026-03-11 | Pawlenty Timothy | Director | 27,975 | $102.4K | 2026-03-11 | RBC CAPITAL MARKETS LLC | — | EDGAR |
| 2026-03-10 | Frank Porcelli | Director | 75,000 | $290.6K | 2026-03-10 | UBS Financial Services Inc | — | EDGAR |
| 2026-03-09 | Frank Porcelli | Director | 50,000 | $189.0K | 2026-03-09 | UBS Financial Services Inc | — | EDGAR |
| 2026-03-05 | Frank Porcelli | Director | 150,000 | $603.4K | 2026-03-05 | UBS Financial Services Inc | — | EDGAR |
| 2026-03-04 | Frank Porcelli | Director | 100,000 | $402.8K | 2026-03-04 | UBS Financial Services Inc | — | 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: 2026-11-05
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-11-05 | Regulation FD disclosure · Other events | EDGAR |
| 2026-09-03 | Material agreement · New debt obligation | EDGAR |
| 2026-08-11 | Earnings results · Director or officer change | EDGAR |
| 2026-07-20 | Regulation FD disclosure · Other events | EDGAR |
| 2026-06-08 | Director or officer change · Shareholder vote results | 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 |
|---|---|---|
| 2026-08-11 | 0001529628-26-000095 | EDGAR |
ETF Holders
32 ETFs hold SND
25 shown · $20.49M total exposure · 0.00% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $3.9M | — | 2026-09-30 |
| 2 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.01% | $2.9M | $31.6B | 2026-11-05 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.00% | $2.6M | $76.6B | 2026-11-06 |
| 4 | DWAS Invesco Dorsey Wright SmallCap Momentum ETF | Nport | 0.42% | $1.8M | — | 2026-08-31 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $1.7M | — | 2026-09-30 |
| 6 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.00% | $1.4M | — | 2026-11-05 |
| 7 | BSVO EA Bridgeway Omni Small-Cap Value ETF | Nport | 0.05% | $1.3M | — | 2026-06-30 |
| 8 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.01% | $980,208 | $13.9B | 2026-11-06 |
| 9 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.01% | $894,843 | — | 2026-09-30 |
| 10 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.00% | $558,305 | — | 2026-11-05 |
| 11 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.00% | $501,082 | — | 2026-11-05 |
| 12 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.01% | $453,361 | — | 2026-11-05 |
| 13 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.03% | $331,211 | $1.2B | 2026-11-06 |
| 14 | ONEQ Fidelity Nasdaq Composite Index ETF | Fidelity | 0.00% | $304,495 | $10.0B | 2026-11-05 |
| 15 | GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF | Goldman | 0.02% | $209,775 | $1.0B | 2026-11-05 |
| 16 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $188,345 | — | 2026-11-05 |
| 17 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.01% | $184,525 | $3.2B | 2026-11-05 |
| 18 | VTWV Vanguard Russell 2000 Value ETF | Vanguard | 0.01% | $131,922 | — | 2026-09-30 |
| 19 | RSSL Global X Russell 2000 ETF | Global X | 0.00% | $52,225 | — | 2026-11-06 |
| 20 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.00% | $34,525 | — | 2026-11-05 |
| 21 | OMFS Invesco Russell 2000 Dynamic Multifactor ETF | Invesco | 0.01% | $31,112 | — | 2026-11-05 |
| 22 | DFAU Dimensional US Core Equity Market ETF | Dimensional | 0.00% | $18,705 | $12.6B | 2026-11-05 |
| 23 | DFSU Dimensional US Sustainability Core 1 ETF | Dimensional | 0.00% | $18,643 | $2.3B | 2026-11-05 |
| 24 | VTHR Vanguard Russell 3000 ETF | Vanguard | 0.00% | $16,476 | — | 2026-09-30 |
| 25 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.00% | $11,935 | — | 2026-09-30 |
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
15.19
TTM Diluted EPS
$0.26
TTM Revenue
$386.99M
TTM Net Income
$10.49M
TTM Op. Cash Flow
$46.98M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $115.05M | $10.17M | $0.25 | $3.41M |
| Q1 '26 | 2026-03-31 | $93.11M | $-3.86M | $-0.10 | $3.04M |
| Q4 '25 | 2025-12-31 | $86.05M | $1.18M | $0.03 | $22.37M |
| Q3 '25 | 2025-09-30 | $92.78M | $3.00M | $0.08 | $18.16M |
| Q2 '25 | 2025-06-30 | $85.77M | $21.40M | $0.54 | $-5.14M |
| Q1 '25 | 2025-03-31 | $65.56M | $-24.23M | $-0.62 | $8.72M |
| Q4 '24 | 2024-12-31 | $91.36M | $3.74M | $0.10 | $1.03M |
| Q3 '24 | 2024-09-30 | $63.16M | $-98.00K | — | $5.81M |
| Q2 '24 | 2024-06-30 | $73.80M | $-430.00K | $-0.01 | $14.88M |
| Q1 '24 | 2024-03-31 | $83.05M | $-216.00K | $-0.01 | $-3.86M |
| Q4 '23 | 2023-12-31 | $61.95M | $-4.79M | $-0.12 | $-2.66M |
| Q3 '23 | 2023-09-30 | $76.90M | $6.73M | $0.18 | $12.48M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-11
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
15.19
P/B
0.66
P/S
0.41
EV/EBITDA
4.10
EV/Sales
0.40
ROE
4.4%
ROA
3.0%
Div Yield
6.60%
FCF Yield
29.69%
Debt/Equity
0.04
Current Ratio
—
Market Cap
$158.26M
as of 2026-11-09
SND vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| SEZL Sezzle Inc. Common Stock | $5.0B | 36.2 | +46.1% | +131.5% | 16 |
| ERAS Erasca, Inc. Common Stock | $5.0B | — | — | +334.8% | 11 |
| PRM Perimeter Group Inc. | $4.8B | — | +24.2% | +14.8% | 15 |
| ENVA Enova International, Inc. | $4.2B | 11.6 | +23.2% | +3.9% | 24 |
| BELFB Bel Fuse Inc | $3.0B | 62.7 | +21.0% | +29.8% | 18 |
| AGL agilon health, inc. | $1.9B | — | +2.0% | +577.1% | 0 |
| NBN Northeast Bank Common Stock | $1.1B | — | — | +30.6% | — |
| CLYM Climb Bio, Inc. Common Stock | $604M | — | — | +193.6% | 13 |
| SND Smart Sand, Inc. Common Stock | $152M | 15.2 | +26.5% | −2.2% | 61 |
| Peer median | $3.6B | 36.2 | +23.2% | +81.1% | 15 |
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
1.94M
SI % of Float
6.77%
Days to Cover
10.72
Short Vol Ratio
82.9%
Free Float
28.60M
Float %
67.5%
Short interest 2026-10-15 • Short volume 2026-11-09 • Float 2026-08-14