SSP The E.W. Scripps Company

XNAS 3.56 Delayed
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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.

SSP $3.56 —

What changed

Recent filings, trades and moves
Key stats
$3.56
52-Week Range
$1.92 – $5.39
YTD
-9.87%
IV Rank (30D)
20.68
Straddle Price
$0.97
P/C Vol Ratio
0.30
Market Cap
$0.3B
Open
$3.12
Day Range
$2.92 – $3.56
Volume
2,264,686
Prev Close
$3.05
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 SPY0.82
Cost of Equity (CAPM)9.01% (VRP-adj)
WACC5.47%
Volatility Risk Premium+96.2pp (IV − HV30)
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)-4.3%
DCF Horizon5 years explicit + fade
Free Cash Flow (TTM)$0.0B
Return on Equity (TTM)-1271.0%
Book / Price454.9% — banking bias active (P/B is primary)
Gross Margin (TTM)40.8%
FCF Margin (TTM)1.6%
Debt / Equity2.05
Quality Score0/6 — cyclical/struggling (5y DCF)
Market-Implied Growth+21.6% (reverse-DCF on current price)
SMA 50$2.85 (Market Anchor value)
SMA 20 / Bollinger Mid$2.61
Bollinger Width / SMA2042.1% (drives anchor stability)
Net Debt$2.5B
Market Cap$0B
Peers used for multiples: CMCSA, DIS, T, TMUS, VZ, WBD (filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$31.60
Deviation
+50.0%
MethodImplied PriceWeightDetail
DCF $-17.70 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0% median 11.6× · 5 peers
Peer EV/EBITDA n/a 0% median 7.4× · 6 peers
Peer P/B $25.25 50% median 1.8× · 6 peers
Peer P/S $37.96 50% median 1.6× · 6 peers
Market Anchor (SMA50) $2.85 0% stability 0% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-11-09 · updated
About
Industry (SIC)
TELEVISION BROADCASTING STATIONS (4833) · industry map
Exchange
XNAS
Market Cap
$0.3B
Employees
4,600
List Date
1988-06-29
CIK
0000832428
Last Earnings
Nov 5 after close · +3.4% vs ±15.2% expected
Next Earnings
~Feb 25, 2027 (estimated)
Headquarters
Cininnati, OH
Homepage
https://www.scripps.com

The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes local broadcast stations and their related digital operations.

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
'21'22'23'24'25'26Avg
Jan-1.92%1.64%12.75%1.14%-25.40%-15.19%-4.50%
Feb20.03%9.22%-16.64%-50.61%-7.95%18.23%-4.62%
Mar-4.98%-6.48%-23.06%4.52%102.74%-3.63%11.52%
Apr9.52%-21.69%-8.37%1.08%-33.66%34.17%-3.16%
May-2.26%-5.25%-6.97%-30.26%15.32%-31.79%-10.20%
Jun-4.94%-19.60%19.14%12.54%31.84%-19.48%3.25%
Jul-8.23%11.49%6.59%20.13%-1.97%-9.35%3.11%
Aug-2.88%3.17%-21.80%-44.03%3.10%17.38%-7.51%
Sep-3.78%-23.95%-23.36%20.05%-14.58%-20.25%-10.98%
Oct1.25%19.14%4.79%52.50%-4.71%-0.76%12.03%
Nov-5.80%0.20%34.44%-43.18%80.00%32.34%*16.33%
Dec7.38%-12.42%6.96%8.87%-5.90%--0.98%
Total-0.02%-43.36%-29.30%-68.46%95.67%-20.64%-11.02%
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: $2.65
SMA 50: $2.85
SMA 200: $3.39
Current: $3.56
EMA 12: $2.84
EMA 26: $2.76
MACD: 0.0753 | Signal: 0.1241
BEARISH
ADX (14): 19.31
RANGE
+DI: 32.46
−DI: 17.55

Momentum Oscillators

RSI (14): 72.51
OVERBOUGHT
Stoch %K: 93.78
Stoch %D: 92.70
Williams %R: 0.00

Volume & Volatility

BB Upper: $3.33
BB Lower: $1.96
OVERBOUGHT
OBV: 45,761,790
Vol SMA 20: 922,941
Vol ROC: 133.67%
ATR: $0.27
True Range: $0.64
HV 20: 116.7%
HV 30: 98.9%
HV 60: 76.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
Written before SSP’s Nov 5 earnings report, so it doesn’t reflect the results.

SSP (Scripps Networks) - Comprehensive Stock Analysis

Executive Summary

Overall Assessment: NEUTRAL with Confidence Level: 6/10

SSP presents a mixed technical and fundamental picture with conflicting signals that warrant cautious positioning. While the company demonstrates positive operational momentum (acquisitions, retransmission deals, sports partnerships), the technical setup shows weakness with bearish MACD signals, elevated put/call ratios, and price erosion below key moving averages. The stock is caught between positive news sentiment and deteriorating technical conditions, creating an asymmetric risk environment.

Key Drivers:

  • Positive: Strategic acquisitions (WTVQ), major retransmission renewals (DIRECTV), expanding sports content partnerships, consistent positive news flow
  • Primary Risks: Price breaking below 50-day MA ($3.09), elevated put/call ratio (10.00), bearish MACD crossover, high IV premium suggesting downside protection demand

Investment Thesis: SSP's fundamental narrative remains constructive with multiple growth catalysts (M&A integration, content expansion), but technical deterioration and options market pessimism suggest near-term headwinds. The disconnect between positive news and negative technicals creates a "show me" environment requiring price stabilization above $3.09 to validate the bullish story.

Recent News Sentiment Impact: All 6 recent headlines (100% positive) reflect operational excellence and strategic progress, yet price has declined from $3.09 SMA to $2.92 current, suggesting the market may be discounting growth execution risks or facing broader sector headwinds not captured in company-specific news.

Technical Analysis

Trend Direction

Short-term (1-4 weeks): BEARISH

  • Price ($2.92) now trading below SMA 20 ($2.94), marking a deterioration from the 20-day trend
  • EMA 12 ($2.82) < EMA 26 ($2.94) confirms downward momentum
  • ADX (18.68) indicates weak trend strength in a range-bound regime, but directionally pointing downward

Medium-term (1-3 months): BEARISH

  • Price significantly below SMA 50 ($3.09) by $0.17 (-5.5%), indicating loss of intermediate support
  • SMA 20 ($2.94) now acting as resistance rather than support
  • The 50-day moving average represents a critical inflection point

Long-term (3-12 months): BEARISH

  • Price well below SMA 200 ($3.53) by $0.61 (-17.3%), indicating longer-term downtrend
  • Extended decline from the 200-day MA suggests sustained weakness or secular headwinds
  • The 200-day level represents major resistance that would require significant reversal to challenge

Support/Resistance Levels

Resistance Levels (descending priority):

  1. SMA 50: $3.09 — Critical intermediate resistance; recapture above this level would signal trend reversal
  2. SMA 20: $2.94 — Current price at this level; break above would indicate short-term recovery
  3. Bollinger Bands Middle: $2.94 — Coincides with SMA 20; mean reversion target
  4. Stochastic resistance: ~$3.10-3.15 — Based on %K (38.66) and %D (26.94) positioning

Support Levels (descending priority):

  1. Bollinger Bands Lower: $2.52 — -13.7% from current; represents extreme oversold territory
  2. $2.75-2.80 zone — Psychological support and potential consolidation range
  3. $2.70 — Secondary support with volume clustering

Momentum Signals

RSI (14): 48.46 — NEUTRAL

  • Reading firmly in neutral zone (30-70 range)
  • Neither overbought nor oversold, suggesting room for movement in either direction
  • Slight bias toward weakening (below 50 midpoint) but not yet in capitulation territory
  • Watch for break below 40 as signal of accelerating selling

MACD: -0.12 / Signal: -0.01 / Histogram: -0.11 — BEARISH DIVERGENCE

  • Critical weakness: MACD (-0.12) remains below signal line (-0.01), indicating bearish positioning
  • Histogram (-0.11) is negative and trending toward zero, suggesting momentum is weakening but not yet reversing
  • The MACD has not crossed above the signal line, meaning bullish confirmation is absent
  • This is the most concerning technical signal; a sustained move below current MACD level would extend bearish momentum

Stochastic Oscillators: %K 38.66 / %D 26.94 — WEAK MOMENTUM

  • Both readings are below 50, indicating downward momentum persistence
  • %K (38.66) above %D (26.94) by 11.72 points suggests potential upturn, but from depressed levels
  • Neither in oversold territory (<20), limiting bounce magnitude
  • Pattern suggests consolidation rather than capitulation

Williams %R: -42.66 — NEUTRAL TO SLIGHTLY BEARISH

  • Reading between -50 and 0 (neutral zone); not yet in oversold (<-80) or overbought (>-20)
  • Slight bearish bias but within normal trading range
  • Consistent with consolidation pattern across momentum indicators

Bollinger Bands Analysis

Configuration: NEUTRAL SQUEEZE

  • Width (28.20) is relatively tight, indicating compression phase
  • Price ($2.92) currently at middle band ($2.94), suggesting mean-reversion equilibrium
  • Upper band: $3.35 (+14.7%) — represents upside breakout target
  • Lower band: $2.52 (-13.7%) — represents support/capitulation zone
  • Interpretation: Narrow band width suggests low volatility environment historically; breakout likely approaching but direction unclear. Squeeze often precedes significant directional move.

Volume Analysis

Volume Metrics:

  • Volume SMA 20: 676,904 shares — baseline institutional participation level
  • Volume Rate of Change: +154.76% — HIGHLY SIGNIFICANT
    • Current volume running 2.55x the 20-day average
    • Dramatic increase in trading activity signals institutional positioning or capitulation event
    • This elevated volume on price weakness is concerning (selling pressure)

On-Balance Volume (OBV): 43,294,518

  • Cumulative indicator shows overall net flow of volume
  • Without historical comparison, difficult to assess trend, but elevated volume on weakness suggests institutional distribution

Institutional Interest Assessment:

  • The 154.76% volume spike on price weakness ($2.92 vs $3.09 SMA 50) suggests institutional exit activity rather than accumulation
  • High volume combined with lower prices typically indicates distribution phase
  • This contradicts positive news flow, suggesting institutions may be ahead of company-specific catalysts or rotating out of sector

News & Sentiment Analysis

Recent Headlines Summary

Themes (Last 10 Articles - All from 2026):

  1. Strategic Acquisitions & Expansion (08-01):

    • Completed WTVQ acquisition in Lexington
    • Represents continued M&A strategy for geographic/content expansion
    • Positive for revenue diversification

  2. Distribution & Retransmission Strength (07-13, 07-30):

    • Third major retransmission deal of 2026 with DIRECTV renewal
    • Pixalate data shows Food Network, CNN, NBA leading CTV; news taking 64% of small-screen spend
    • Validates core advertising model and distribution leverage
    • Suggests pricing power in renewal negotiations

  3. Content & Brand Building (06-11, 05-29, 04-07):

    • America 250th programming special
    • Scripps National Spelling Bee (cultural relevance)
    • Multi-year NHL partnership (sports rights expansion)
    • Demonstrates content diversification and brand strength

Sentiment Assessment: POSITIVE (100% of headlines)

  • All 6 recent headlines are operationally positive
  • No negative catalysts mentioned (no earnings misses, regulatory issues, leadership changes, downgrades)
  • News flow consistent and regular (monthly mentions from company announcements)

Sentiment-Technical Divergence: MAJOR RED FLAG

Critical Observation:

  • Positive News Sentiment: 100% positive headlines spanning 4+ months
  • Price Action: Down from $3.09 (50-day MA) to $2.92 (-5.5%) despite positive news
  • Implication: Market is either: 1.
Generated
News
All SSP news →
Earnings History
21 of 21 under expected move
Avg Expected Move
25.53%
Avg Actual Move
12.34%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-26 Pre-Market 12.26% 2.56% 0.21x Within
2021-05-07 Pre-Market 11.16% 5.46% 0.49x Within
2021-08-06 Pre-Market 9.14% 2.18% 0.24x Within
2021-11-05 Pre-Market 16.00% 4.03% 0.25x Within
2022-02-25 Pre-Market 9.75% 1.27% 0.13x Within
2022-11-08 Pre-Market 30.38% 14.56% 0.48x Within
2023-05-05 Pre-Market 11.62% 7.97% 0.69x Within
2023-08-04 Pre-Market 14.68% 13.42% 0.91x Within
2023-11-03 Pre-Market 27.21% 18.03% 0.66x Within
2024-02-23 Pre-Market 20.41% 19.48% 0.95x Within
2024-05-10 Pre-Market 24.89% 21.97% 0.88x Within
2024-08-09 Pre-Market 37.16% 19.93% 0.54x Within
2024-11-04 Pre-Market 46.88% 35.51% 0.76x Within
2025-03-12 Pre-Market 122.38% 43.36% 0.35x Within
2025-05-09 Pre-Market 15.44% 10.42% 0.67x Within
2025-07-28 Pre-Market 30.03% 1.20% 0.04x Within
2025-11-07 Pre-Market 28.05% 24.88% 0.89x Within
2026-02-26 Pre-Market 24.79% 1.65% 0.07x Within
2026-05-07 Pre-Market 8.62% 5.07% 0.59x Within
2026-08-06 Pre-Market 20.03% 2.79% 0.14x Within
2026-11-05 After-Close 15.25% 3.39% 0.22x Within

Earnings calendar: this week’s reports with expected vs actual moves →

SSP Options Activity & IV Rank

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

Volatility Metrics

Current IV: 110.9%
7-DTE IV: 211.0%
Expected Move: $0.97
7-DTE Move: $0.88
Days to Exp: 39 (2026-12-18)

Options Flow · All expiries

Call Volume: 687
Put Volume: 208
P/C Volume: 0.303
BULLISH
Call OI: 2,217
Put OI: 1,051
P/C OI: 0.474
Total OI: 3,268

ATM Options Pricing

ATM Call: $0.23
ATM Put: $0.75
Call %: 6.3%
Put %: 21.1%

Chain Summary

Chain Volume: 895
Chain OI: 3,268
Last Updated: 11/9/2026
Spread Scanner
Full Algorithm Docs ↗

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 81st 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
81%
vs own history
GEX tilt
+0.63
OI-weighted, today
Vanna tilt
+0.79
δ-sensitivity to IV
Charm tilt
-0.76
δ-decay vs time
Vanna tilt +0.79: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.76: 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.

· 5 ATM contracts, 1k 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 —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
No data

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)28.4MediumNov 9
IV Rank (30 DTE)20.7LowNov 9

Embed SSP IV rank

SSP'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)$0.97Nov 9
Beta Analysis

Risk Metrics

Beta: 0.8860
Alpha: 54.40%
Correlation: 0.1472
R-Squared: 2.2%
Stock Volatility: 82.8%
Market Volatility: 13.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own SSP
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Point72 Hedge fund
Steve Cohen
$964K
0.00%
#1495 of 1945+77.9%13F
Renaissance Technologies Hedge fund
Jim Simons
$401K
0.00%
#2686 of 3138-31.5%13F
Millennium Management Hedge fund
Izzy Englander
$52K
0.00%
#3670 of 3716-84.1%13F
Citadel Hedge fund
Ken Griffin
$34K
0.00%
#6087 of 6285-96.4%13F
Rockefeller Capital Management Family office
Rockefeller family
$22K
0.00%
#3704 of 4729-2.0%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

SSP Institutional Ownership (13F)

Filings for 2026-06-30 · 44 already for 2026-09-30
Diluted shares outstanding: 88,544,250 (as of 2026-03-31)

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.

144 filers52,453,075 shares$143.19M value59.24% of float
# Filer Shares Value % of Total % of Float Period
1 BlackRock, Inc. Custodian 4,695,070 $13.01M 9.08% 5.30% 2026-06-30
2 Penn Capital Management Company, LLC 4,768,823 $12.41M 8.67% 5.39% 2026-09-30
3 Vanguard Capital Management LLC 3,074,271 $8.52M 5.95% 3.47% 2026-06-30
4 NEW YORK STATE COMMON RETIREMENT FUND 3,052,059 $8.45M 5.90% 3.45% 2026-06-30
5 Dimensional Fund Advisors LP Custodian 2,981,743 $7.75M 5.41% 3.37% 2026-09-30
6 GAMCO INVESTORS, INC. ET AL 2,637,020 $7.30M 5.10% 2.98% 2026-06-30
7 WITTENBERG INVESTMENT MANAGEMENT, INC. 2,636,071 $7.30M 5.10% 2.98% 2026-06-30
8 Charles Schwab Investment Management, Inc. 2,463,331 $6.82M 4.77% 2.78% 2026-06-30
9 Minerva Advisors LLC 1,832,707 $5.08M 3.55% 2.07% 2026-06-30
10 Goldman Sachs Group Inc Custodian 1,713,997 $4.75M 3.32% 1.94% 2026-06-30
11 Geode Capital Management, LLC Custodian 1,536,173 $4.00M 2.79% 1.73% 2026-09-30
12 State Street Corp 1,375,820 $3.81M 2.66% 1.55% 2026-06-30
13 GABELLI FUNDS LLC 1,366,312 $3.78M 2.64% 1.54% 2026-06-30
14 LEE DANNER & BASS INC 1,417,439 $3.69M 2.57% 1.60% 2026-09-30
15 NOMURA HOLDINGS INC 1,299,741 $3.60M 2.51% 1.47% 2026-06-30
16 D. E. Shaw & Co., Inc. Custodian 1,194,108 $3.31M 2.31% 1.35% 2026-06-30
17 Vanguard Portfolio Management LLC 1,120,792 $3.10M 2.17% 1.27% 2026-06-30
18 Miramar Fiduciary Corp 1,067,124 $2.96M 2.06% 1.21% 2026-06-30
19 BRIDGEWAY CAPITAL MANAGEMENT, LLC 888,760 $2.46M 1.72% 1.00% 2026-06-30
20 Russell Investments Group, Ltd. Custodian 607,825 $1.58M 1.10% 0.69% 2026-09-30
21 Empowered Funds, LLC Custodian 529,733 $1.47M 1.02% 0.60% 2026-06-30
22 Northern Trust Corp Custodian 519,240 $1.44M 1.00% 0.59% 2026-06-30
23 PANAGORA ASSET MANAGEMENT INC 514,549 $1.43M 1.00% 0.58% 2026-06-30
24 Vanguard Fiduciary Trust Co 468,487 $1.30M 0.91% 0.53% 2026-06-30
25 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 431,526 $1.20M 0.83% 0.49% 2026-06-30
5 filers$322.31K notional
# Filer Notional Value % of Total Period
1 DRW Securities, LLC $166.20K 51.57% 2026-06-30
2 Citadel Advisors LLC Custodian $94.46K 29.31% 2026-06-30
3 Simplex Trading, LLC Custodian $32.24K 10.00% 2026-09-30
4 IMC-Chicago, LLC Custodian $28.86K 8.95% 2026-09-30
5 GROUP ONE TRADING LLC Custodian $554 0.17% 2026-06-30
3 filers$184.14K notional
# Filer Notional Value % of Total Period
1 Simplex Trading, LLC Custodian $106.86K 58.03% 2026-09-30
2 Susquehanna International Group, LLP Custodian $50.41K 27.38% 2026-06-30
3 GROUP ONE TRADING LLC Custodian $26.87K 14.59% 2026-06-30

SSP Insider Trading (Form 4)

Latest: 2026-05-22
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
2026-05-22 Molly E McCabe 10%+ Owner Sell (S) −326,675 $3.42 -$1.12M EDGAR
2026-05-15 Geraldine Scripps Granado 10%+ Owner Buy (P) +72,798 $3.54 $257.8K EDGAR
2026-05-14 Samantha J. Brickner 10%+ Owner Buy (P) +1,262 $3.53 $4.5K EDGAR
2026-05-06 Raymundo H. Granado Jr. Director Exer (M) +90,673 — EDGAR
2026-05-06 Monica Holcomb Director Exer (M) +90,673 — EDGAR
2026-05-06 John W Hayden Director Exer (M) +90,673 — EDGAR
2026-05-06 Marcellus Winston Alexander Jr Director Exer (M) +90,673 — EDGAR
2026-05-06 Burton F Jablin Director Exer (M) +90,673 — EDGAR
2026-05-06 Tracy Tunney Ward Director Award (A) — — EDGAR
2026-05-06 Leigh Radford Director Exer (M) +90,673 — EDGAR
2026-05-06 Nishat Mehta Director Exer (M) +90,673 — EDGAR
2026-05-06 Charles L. Barmonde Director Exer (M) +90,673 — EDGAR
2026-05-06 Kim Williams Director Exer (M) +90,673 — EDGAR
2026-05-06 Kelly P Conlin Director Exer (M) +90,673 — EDGAR
2026-03-11 Anthony S. Granado 10%+ Owner Buy (P) +4,200 $4.59 $19.3K 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.

SSP Insider Holdings

29 insiders · @ $3.56
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 Eaton M Scripps 10%+ Owner 1,388,185 $4.94M $60.29M 36 2026-03-10
2 Adam Symson President and CEO 1,164,457 $4.15M -$1.41M 45 2026-03-05
3 Charles L. Barmonde Director 830,742 $2.96M $349.0K 32 2026-05-06
4 Corina S. Granado 10%+ Owner 800,275 $2.85M -$6.35M 28 2026-03-10
5 Mary Ann S. Sanchez 10%+ Owner 454,074 $1.62M -$12.23M 14 2026-03-11
6 Margaret Scripps Klenzing 10%+ Owner 327,832 $1.17M -$14.51M 15 2026-03-10
7 Kim Williams Director 323,693 $1.15M -$913.4K 67 2026-05-06
8 Rebecca Scripps Brickner 10%+ Owner 313,038 $1.11M -$5.05M 15 2026-03-10
9 Brian G. Lawlor President, Scripps Sports 310,125 $1.10M -$5.04M 72 2026-03-04
10 Monica Holcomb Director 189,469 $674.5K $107.0K 12 2026-05-06
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.

SSP Board & Officers

As of SEC filings through Aug 5, 2026

Directors 12

Officers 7

  • Adam Symson · President and CEO · listed since Nov 2017
  • Brian G. Lawlor · President, Scripps Sports · listed since Mar 2023
  • Kevin D. Littleton · President, Media · since Aug 4, 2026
  • Jason Combs · Chief Financial Officer · listed since May 2024
  • David M Giles · Chief Legal Officer · since Aug 6, 2024
  • Laura Tomlin · Chief Transformation Officer · listed since Mar 2025
  • Daniel Perschke · SVP, Controller · listed since May 2024

10% owners 20

Changes in the last 10 years (72)
Aug 4, 2026Kevin D. Littleton became President, Media
May 4, 2026Tracy Tunney Ward became a director
Apr 3, 2025Tyler Garret Scripps became a 10% owner
Apr 3, 2025Eaton Mackay Scripps Jr. became a 10% owner
Mar 4, 2025Laura Tomlin listed as Chief Transformation Officer (previously EVP and CAO) in SEC filings
Dec 31, 2024Lisa A Knutson left as Chief Operating Officer, per their own SEC filing
Dec 31, 2024Kate O'Brian left as President, Scripps News, per their own SEC filing
Aug 6, 2024William Appleton left as EVP and General Counsel, per their own SEC filing
Aug 6, 2024David M Giles became Chief Legal Officer
May 6, 2024Nishat Mehta became a director
May 3, 2024Jason Combs listed as Chief Financial Officer (previously EVP and CFO) in SEC filings
May 3, 2024Daniel Perschke listed as SVP, Controller (previously Vice President, Controller) in SEC filings
May 2, 2024Lauren Rich Fine reported in an SEC filing no longer being a director
Dec 18, 2023Careen Cardin Trust, dated November 26, 2018 reported in an SEC filing no longer being a 10% owner
Dec 14, 2023Exempt Trust for the benefit of Bristol Cardin created under the Careen Cardin Trust dated November 26, 2018 became a 10% owner
Dec 14, 2023Exempt Trust for the benefit of Bentleigh Cardin created under the Careen Cardin Trust dated November 26, 2018 became a 10% owner
May 3, 2023Rebecca A. Riegelsberger reported in an SEC filing no longer being Treasurer, Vice President, Tax
May 3, 2023Raymundo H. Granado Jr. first listed as a director in an SEC filing
May 3, 2023Monica Holcomb first listed as a director in an SEC filing
May 3, 2023Mark L Koors reported in an SEC filing no longer being VP/Audit and Compliance
Not reported recently (51)
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.

SSP Proposed Insider Sales (Form 144)

Latest: 2026-05-14
Last 30d: 0 filings  ·  Last 90d: 0 filings

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.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-05-14 McCabe Molly E Scripps Family 326,675 $1.14M 2026-05-14 Fidelity Investments — EDGAR
2023-08-14 O'Brian Kate Officer 5,144 $48.6K 2023-08-14 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: 2026-11-06
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-11-06 Earnings results EDGAR
2026-10-28 Earnings results EDGAR
2026-08-07 Earnings 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
2026-11-06 0000832428-26-000043 EDGAR
2026-08-07 0000832428-26-000034 EDGAR
ETF Holders
37 ETFs hold SSP
25 shown · $33.97M total exposure · 0.01% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $5.6M — 2026-09-30
2 FNDA Schwab Fundamental U.S. Small Company ETF Nport 0.05% $5.0M — 2026-08-31
3 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.01% $4.8M $76.6B 2026-11-06
4 DFSV Dimensional US Small Cap Value ETF Dimensional 0.01% $4.0M — 2026-11-05
5 VXF Vanguard Extended Market ETF Vanguard 0.00% $1.8M — 2026-09-30
6 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.01% $1.8M $13.9B 2026-11-06
7 DFAT Dimensional US Targeted Value ETF Dimensional 0.00% $1.4M — 2026-11-05
8 BSVO EA Bridgeway Omni Small-Cap Value ETF Nport 0.06% $1.3M — 2026-06-30
9 BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF Invesco 0.22% $1.3M — 2026-11-05
10 BSJU Invesco BulletShares 2030 High Yield Corporate Bond ETF Invesco 0.35% $1.1M — 2026-11-05
11 SCHA Schwab U.S. Small-Cap ETF Nport 0.00% $1.1M — 2026-08-31
12 VTWO Vanguard Russell 2000 ETF Vanguard 0.00% $869,648 — 2026-09-30
13 DFAS Dimensional US Small Cap ETF Dimensional 0.00% $866,557 — 2026-11-05
14 IWC iShares Micro-Cap ETF iShares (BlackRock) 0.05% $539,636 $1.2B 2026-11-06
15 VOX Vanguard Communication Services ETF Vanguard 0.01% $522,150 — 2026-09-30
16 VFVA Vanguard U.S. Value Factor ETF Vanguard 0.04% $385,297 — 2026-11-05
17 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.00% $334,704 — 2026-11-05
18 PRFZ Invesco RAFI US 1500 Small-Mid ETF Nport 0.01% $273,812 — 2026-07-31
19 GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Goldman 0.02% $245,670 $1.0B 2026-11-05
20 SFGV Sequoia Global Value ETF Nport 0.02% $234,530 — 2026-08-31
21 VTWV Vanguard Russell 2000 Value ETF Vanguard 0.01% $138,271 — 2026-09-30
22 DXUV Dimensional US Vector Equity ETF Dimensional 0.00% $133,157 — 2026-11-05
23 SCHB Schwab U.S. Broad Market ETF Nport 0.00% $129,103 — 2026-08-31
24 RSSL Global X Russell 2000 ETF Global X 0.01% $85,092 — 2026-11-06
25 RUSC Russell Investments U.S. Small Cap Equity ETF Nport 0.09% $72,618 — 2026-06-30
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
—
TTM Diluted EPS
$-1.85
TTM Revenue
$2.14B
TTM Net Income
$-163.60M
TTM Op. Cash Flow
$59.91M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q1 '262026-03-31$516.87M$-17.98M$-0.20$3.51M
Q4 '252025-12-31$560.26M$-44.91M$-0.51$45.13M
Q3 '252025-09-30$525.85M$-49.02M$-0.55$21.83M
Q2 '252025-06-30$540.08M$-51.68M$-0.59$-10.55M
Q1 '252025-03-31$524.39M$-18.84M$-0.22$-3.31M
Q4 '242024-12-31$728.38M$80.32M$0.93$153.29M
Q3 '242024-09-30$646.30M$33.03M$0.37$140.59M
Q2 '242024-06-30$573.63M$-13.00M$-0.15$26.36M
Q1 '242024-03-31$561.46M$-12.75M$-0.15$45.44M
Q4 '232023-12-31$615.77M$-268.34M$-3.17$62.47M
Q3 '232023-09-30$566.53M$-16.23M$-0.19$24.23M
Q2 '232023-06-30$582.84M$-682.41M$-8.10$9.68M
Q1 2026 • period ending 2026-03-31 • filed 2026-05-08
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
—
P/B
0.25
P/S
0.15
EV/EBITDA
9.17
EV/Sales
1.30
ROE
-13.1%
ROA
-3.3%
Div Yield
0.00%
FCF Yield
19.01%
Debt/Equity
2.05
Current Ratio
—
Market Cap
$315.22M
as of 2026-11-09

SSP vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
NFLX NetFlix Inc $248.1B 20.0 +14.7% −29.7% 20
DIS The Walt Disney Company $201.6B 24.6 +4.6% +6.5% 82
VZ Verizon Communications $189.4B 11.8 +1.4% +13.7% 18
TMUS T-Mobile US, Inc. $171.6B 16.3 +9.3% −15.5% 41
T AT&T Inc. $145.7B 11.8 +3.5% −11.2% 44
CMCSA Comcast Corp $86.6B 7.8 −0.2% −17.0% 18
WBD Warner Bros. Discovery, Inc. Series A Co $77.6B — −6.1% +8.6% —
ROKU Roku, Inc. Class A Common Stock $23.9B 47.6 +21.1% +47.6% 41
SSP The E.W. Scripps Company $283M — −13.3% −9.9% 21
Peer median $158.7B 16.3 +4.0% −2.4% 41

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
3.84M
SI % of Float
6.59%
Days to Cover
6.27
Short Vol Ratio
14.8%
Free Float
58.28M
Float %
72.2%
Short interest 2026-10-15 • Short volume 2026-11-09 • Float 2026-08-14