Short Interest in 8x8 Inc Increases By 28.3%

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8x8 Inc (NASDAQ:EGHT) saw a significant increase in short interest during the month of February, with short interest totaling 2,955,673 shares as of February 27th, an increase of 28.3% from the February 12th total of 2,302,931 shares. Based on an average daily trading volume of 1,358,224 shares, the days-to-cover ratio is currently 2.2 days, meaning it would take short sellers 2.2 days to cover their positions.

Why it matters

The increase in short interest in 8x8 Inc could indicate that some investors are betting against the company's performance or are looking to profit from a potential decline in the stock price. This could be a sign of increased bearish sentiment towards the company.

The details

The short interest in 8x8 Inc grew from 2,302,931 shares on February 12th to 2,955,673 shares on February 27th, an increase of 28.3%. This means that approximately 2.2% of the company's outstanding shares are currently sold short. The days-to-cover ratio, which measures the number of days it would take for short sellers to cover their positions based on the average daily trading volume, is currently 2.2 days.

• As of February 27th, 2026, there was short interest totaling 2,955,673 shares.
• On February 12th, 2026, the short interest was 2,302,931 shares.