Las Vegas Sands Short Interest Drops 19.2% in February

Shares of the casino operator saw a significant decline in short positions last month.

Published on Mar. 4, 2026

Las Vegas Sands Corp. (NYSE:LVS) saw a 19.2% drop in short interest in February, with short positions declining from 12.2 million shares at the end of January to 9.8 million shares as of February 13th. Based on the company's average daily trading volume, the days-to-cover ratio is currently 1.6 days, with 1.5% of the company's shares sold short.

Why it matters

The decline in short interest could signal increased investor confidence in Las Vegas Sands as the company continues to navigate the post-pandemic recovery in the gaming industry. Short interest is often viewed as a proxy for investor sentiment, and a drop in short positions may indicate that more investors are betting on the company's long-term prospects.

The details

Las Vegas Sands, a global developer and operator of integrated resorts, has seen its stock price fluctuate in recent months as the company works to recover from the impact of the COVID-19 pandemic on its operations, particularly in Macau. The drop in short interest suggests that some investors are becoming more bullish on the company's outlook.

  • As of February 13th, 2026, there was short interest totaling 9,831,154 shares.
  • This represents a 19.2% decline from the January 29th total of 12,162,489 shares.

The players

Las Vegas Sands Corp.

A global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment.

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The takeaway

The decline in short interest for Las Vegas Sands could signal that some investors are becoming more optimistic about the company's ability to navigate the post-pandemic recovery in the gaming industry. However, the company still faces challenges, and investors will be closely watching its performance in the coming quarters.