Boston Beer Short Interest Rises 17.8% in March

Approximately 12.6% of the company's shares are currently sold short

Apr. 1, 2026 at 2:58am

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The Boston Beer Company, Inc. (NYSE:SAM) saw a significant increase in short interest during the month of March, with the number of shares sold short rising 17.8% to 969,653 as of March 13th. This represents around 12.6% of the company's total outstanding shares.

Why it matters

The rise in short interest could signal that some investors are betting against Boston Beer's stock performance in the near term, potentially due to concerns about the company's outlook or competitive pressures in the craft beer market.

The details

The increase in short interest came on the back of an average daily trading volume of 172,644 shares, resulting in a days-to-cover ratio of 5.6 days. This means it would take short sellers roughly 5.6 days to cover their positions based on the stock's typical daily volume.

  • As of March 13th, 2026, there was short interest totaling 969,653 shares.
  • This represents a 17.8% increase from the 823,475 shares that were short as of February 26th, 2026.

The players

The Boston Beer Company, Inc.

A leading craft brewer headquartered in Boston, Massachusetts, known for its flagship Samuel Adams Boston Lager brand.

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What’s next

Investors will be closely watching to see if the short interest in Boston Beer continues to rise or if it starts to decline in the coming weeks and months.

The takeaway

The increase in short interest in Boston Beer's stock suggests that some market participants are taking a bearish stance on the company, potentially due to concerns about its competitive positioning or future growth prospects in the crowded craft beer industry.