Short Interest in Espey Mfg. & Electronics Jumps Over 100%

Shares of the defense electronics manufacturer see surge in short positions

Apr. 12, 2026 at 11:38pm

An extreme close-up of intricately designed defense electronics components in shades of grey, copper, and black, conveying the precision engineering behind Espey's products.A close-up view of the complex electronics and sensors that power Espey's defense and aerospace products, reflecting the company's specialized engineering expertise.Lowell Today

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP), a Massachusetts-based defense electronics manufacturer, saw a significant 103.1% increase in short interest during March, with 8,616 shares now sold short as of March 31st. This represents 0.3% of the company's total shares outstanding.

Why it matters

The sharp rise in short interest suggests some investors are betting against Espey's stock performance, potentially indicating concerns about the company's outlook or valuation. Short interest data can provide insights into market sentiment and potential volatility for a stock.

The details

As of March 31st, Espey had 8,616 shares sold short, up from 4,242 shares on March 15th. Based on the stock's average daily trading volume of 15,838 shares, the current short interest ratio is 0.5 days, meaning it would take short sellers half a day to cover their positions at the current pace of trading.

  • Short interest data is reported twice monthly, with the March 31st figure representing the latest available data.
  • Espey's stock price has risen over 25% so far in 2026, closing at $59.51 per share on April 12th.

The players

Espey Mfg. & Electronics Corp.

A defense electronics manufacturer headquartered in Lowell, Massachusetts that specializes in magnetostrictive transducers, sensors, and high-reliability electronics for aerospace and industrial applications.

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What’s next

Investors will be watching to see if the elevated short interest in Espey persists or if short sellers begin covering their positions, which could drive the stock price higher.

The takeaway

The surge in short interest for Espey Mfg. & Electronics suggests some bearish sentiment around the stock, though the company's recent share price appreciation may prompt short sellers to reevaluate their positions going forward.