About Phathom Pharmaceuticals, Inc. (PHAT) data
Data as of August 14, 2026.
Phathom Pharmaceuticals, Inc. (PHAT) has 11.77M shares sold short as of the latest FINRA settlement report on August 14, 2026. Short interest has decreased by 11.66% compared with the prior settlement. At the current average daily volume, covering all open short positions would take about 6.87 days (days to cover).
Recent PHAT short interest history
| Settlement date | Short interest | Change | Days to cover |
|---|---|---|---|
| Aug 14, 2026 | 11,773,979 | -11.66% | 6.87 |
| Jul 31, 2026 | 13,327,316 | 9.95% | 8.70 |
| Jul 15, 2026 | 12,121,682 | 1.07% | 9.00 |
| Jun 30, 2026 | 11,993,590 | 7.44% | 11.67 |
| Jun 15, 2026 | 11,162,619 | 7.83% | 10.36 |
| May 29, 2026 | 10,352,426 | 0.62% | 9.41 |
| May 15, 2026 | 10,288,317 | 5.67% | 8.68 |
| Apr 30, 2026 | 9,736,465 | 2.46% | 5.88 |
| Apr 15, 2026 | 9,502,963 | -10.67% | 9.92 |
| Mar 31, 2026 | 10,637,936 | -8.75% | 9.23 |
| Mar 13, 2026 | 11,657,728 | 4.37% | 10.93 |
| Feb 27, 2026 | 11,169,289 | -4.69% | 9.81 |
Full history, charts, and borrow-fee detail are on the PHAT short interest page.
Frequently asked questions
What is the current short interest in PHAT?
As of the latest FINRA settlement dated August 14, 2026, PHAT had approximately 11,773,979 shares sold short. Short interest data is reported by FINRA twice per month.
How much does it cost to short PHAT?
The latest borrow fee (cost to borrow) for PHAT is 0.54% per year, based on IBKR data. Fees can change throughout the trading day as shares are borrowed and returned.
What is the days to cover ratio for PHAT?
Days to cover for PHAT is approximately 6.87 days. This estimates how many trading days it would take short sellers to buy back all outstanding short shares at the current average daily volume.
Is PHAT a short squeeze candidate?
A squeeze needs shorts that are hard to close. PHAT trades about 1,713,950 shares a day and would take roughly 6.87 days to unwind current short positions, at a current borrow fee of 0.54%. Higher days-to-cover and a rising borrow fee together are the setup to watch; neither alone is enough.