FSM stock
Fortuna Silver Mines Inc (FSM) short interest & short volume · 5.7% of float short
Fortuna Silver Mines Inc official short interest (FINRA, twice monthly) and daily short volume (FINRA Reg SHO), with history, % of float and days to cover.
What changed
FSM short interest fell 12.0% to 17.3M shares in the Oct 15, 2026 report (5.7% of float, 3.3 days to cover). Daily short volume averaged 46.4% of volume over the last 20 sessions, down from 53.5% the 20 sessions before, the 40th percentile of its own 20-day averages since Oct 6, 2025.
Short interest
Official, twice monthly · settled Oct 15, 2026
- Shares short
- 17.3M
- prior 19.7M
- % of float
- 5.7%
- float 303.9M
- Days to cover
- 3.3
- avg vol 5.2M
- Change vs prior report
- -12.0%
| Report date | Shares short | $ value short | Change | % float | Days to cover | Price |
|---|---|---|---|---|---|---|
| Oct 15, 2026 | 17.3M | $182.7M | -12.0% | 5.7% | 3.3 | $10.54 |
| Sep 30, 2026 | 19.7M | $221.3M | +4.5% | 6.5% | 3.4 | $11.24 |
| Sep 15, 2026 | 18.8M | $219.3M | -10.8% | 6.2% | 4.8 | $11.64 |
| Aug 31, 2026 | 21.1M | $255.3M | +24.3% | 7.0% | 3.4 | $12.08 |
| Aug 14, 2026 | 17.0M | $181.3M | +5.4% | 5.6% | 3.0 | $10.67 |
| Jul 31, 2026 | 16.1M | $135.9M | -5.1% | 5.3% | 2.9 | $8.43 |
Days to cover is short interest divided by FINRA's average daily volume for the period: how many average days of trading it would take shorts to buy back.
% of float uses the current float for every report (no float was stored with older reports).
Source: FINRA equity short interest (twice monthly) · Settlement Oct 15, 2026
Daily short volume
Share of each day's volume sold short · FINRA Reg SHO
- Latest (Nov 11)
- 42.6%
- 768K of 1.8M
- 20-day average
- 46.4%
- prior 53.5%
- Percentile vs own history
- 40th
- 233 periods since 2025
Loading prices…
Source: FINRA Reg SHO daily short sale volume · Latest Nov 11, 2026
Short squeeze score (model)
Price since settlement: -13.6%
Model, not a forecast: 40 pts short interest % of float (full at 30%), 25 pts days to cover (full at 10), 15 pts rise in short interest since the prior report (full at +50%), 20 pts price gain since the settlement date (full at +25%). Missing inputs score 0.
FSM's squeeze score and its inputs with Lician Pro.Start 3-day trial — $149/yr
Market-wide: most shorted stocks, biggest changes and unusual short volume · FSM overview
| Date | Short | Total | Short % of volume |
|---|---|---|---|
| 2026-11-11 | 768,264 | 1,801,985 | 42.6% |
| 2026-11-10 | 1,011,886 | 2,490,225 | 40.6% |
| 2026-11-09 | 1,052,073 | 2,579,053 | 40.8% |
| 2026-11-06 | 566,517 | 2,028,382 | 27.9% |
| 2026-11-05 | 1,188,518 | 2,803,694 | 42.4% |
| 2026-11-04 | 1,281,240 | 2,637,703 | 48.6% |
| 2026-11-03 | 1,213,126 | 2,258,359 | 53.7% |
| 2026-11-02 | 1,330,701 | 2,666,972 | 49.9% |
| 2026-10-30 | 1,125,619 | 2,354,160 | 47.8% |
| 2026-10-29 | 707,309 | 1,495,757 | 47.3% |
Materials peers with similar quant ratings
FSM is rated 4.49 of 5 among 161 rated Materials stocks (Lician quant rating, Nov 13, 2026). How the rating works
- AA short interest4.59 · Strong Buy · stock
- MEOH short interest4.57 · Strong Buy
- IPI short interest4.54 · Strong Buy · stock
- PPG short interest4.52 · Strong Buy · stock
- PAAS short interest4.47 · Buy
- BCPC short interest4.44 · Buy · stock
- MAGN short interest4.42 · Buy · stock
- CF short interest4.39 · Buy · stock
FSM on Lician stock screens
FSM is rated Buy (4.49 of 5) and passes 2 of 9 preset screens on the Nov 13, 2026 quant run. Build your own screen
FSM short interest FAQ
What is FSM's short interest?
Fortuna Silver Mines Inc (FSM) had 17.3M shares sold short and not yet covered in FINRA's Oct 15, 2026 settlement report, 5.7% of its 303.9M-share float.
How many days to cover does FSM have?
3.3 days: 17.3M shares short divided by an average daily volume of 5.2M for the Oct 15, 2026 period.
Is FSM short interest rising or falling?
FSM short interest fell (-12.0%) from 19.7M to 17.3M shares in the Oct 15, 2026 report.
Is FSM a short squeeze candidate?
Lician's squeeze watch scores FSM 16 out of 100 (low) from the Oct 15, 2026 report: short interest % of float 7.6/40, days to cover 8.3/25, change in short interest vs prior report 0/15, price change since settlement date 0/20. It is a transparent model of how crowded the short side is, not a forecast that a squeeze will happen.
What share of FSM daily volume is sold short?
46.4% on average over the last 20 sessions to Nov 11, 2026 (FINRA Reg SHO daily short volume; the 40th percentile of its own 20-day averages). Short volume counts market makers' same-day short sales, so it is not short interest.
What was FSM's latest FINRA short volume?
On Nov 11, 2026, cached FINRA short volume for Fortuna Silver Mines Inc (FSM) was 768,264 shares, 42.6% of 1,801,985 total volume.
How many FSM short-volume sessions are listed on this page?
This page lists 10 cached FINRA short-volume sessions for Fortuna Silver Mines Inc (FSM), from Oct 29, 2026 through Nov 11, 2026.
How did FSM short volume percent change from the prior cached session?
Cached FINRA short volume for Fortuna Silver Mines Inc (FSM) moved from 40.6% on Nov 10, 2026 to 42.6% on Nov 11, 2026, up 2.0 percentage points.
Not investment advice. Figures as filed or reported, not a live feed.