CarParts.com Short Interest Declines Significantly

Shares of the online auto parts retailer see drop in short positions

Mar. 28, 2026 at 9:50pm

CarParts.com, Inc. (NASDAQ:PRTS) saw a significant decrease in short interest in March, with the number of shares sold short declining by 29.2% from the previous month. The drop in short positions comes as the company's stock has seen increased trading volume and a rise in its share price in recent weeks.

Why it matters

The decrease in short interest could signal growing investor confidence in CarParts.com's business outlook, as short sellers close out their bearish positions. This could provide a boost to the stock price if the trend continues. However, the company still faces challenges, including a 'Reduce' rating from analysts.

The details

As of March 13, there was short interest totaling 935,260 shares of CarParts.com, down from 1,321,674 shares on February 26. This represents about 1.5% of the company's outstanding shares. The days-to-cover ratio, which measures how long it would take short sellers to cover their positions based on average daily trading volume, is currently 0.8 days.

  • The short interest data is as of March 13, 2026.
  • The previous short interest data is from February 26, 2026.

The players

CarParts.com, Inc.

An online retailer of aftermarket automotive parts and accessories based in Torrance, California.

Royal Bank Of Canada

A financial institution that has dropped its price target for CarParts.com stock.

Weiss Ratings

A research firm that has maintained a 'sell' rating on CarParts.com shares.

Wall Street Zen

A research firm that has upgraded CarParts.com from a 'sell' to a 'hold' rating.

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What’s next

Investors will be watching to see if the decline in short interest continues, as this could be a positive sign for the stock's performance going forward.

The takeaway

The drop in short interest for CarParts.com suggests some investors are becoming more bullish on the company's prospects, even as it faces a mixed analyst outlook. The stock's trading volume and price have also been on the rise recently, potentially indicating growing investor interest.