Steven Madden Sees Decline in Short Interest

Shares of the fashion footwear company saw a 24.2% drop in short positions in February.

Mar. 4, 2026 at 4:10am

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Steven Madden, Ltd. (NASDAQ:SHOO), a designer and marketer of fashion footwear, handbags and accessories, saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 3,376,499 shares, a 24.2% drop from the 4,453,719 shares reported on January 29th. The days-to-cover ratio, based on the company's average daily trading volume, currently stands at 1.4 days.

Why it matters

The decline in short interest suggests that investors are becoming more bullish on Steven Madden's prospects, potentially indicating improved confidence in the company's performance and growth outlook. Short interest can be an indicator of market sentiment, and a decrease may signal that some investors are covering their short positions or are less bearish on the stock.

The details

Steven Madden is a New York-based designer and marketer of fashion footwear, handbags and accessories. The company's product portfolio includes its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. Steven Madden distributes its products through wholesale partners, e-commerce platforms and its own retail stores.

  • As of February 13th, 2026, there was short interest totaling 3,376,499 shares.
  • On January 29th, 2026, the short interest was 4,453,719 shares.

The players

Steven Madden, Ltd.

A New York-based designer and marketer of fashion footwear, handbags and accessories, with a portfolio of contemporary and lifestyle brands including Steve Madden, Madden Girl and Dolce Vita.

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The takeaway

The decline in short interest for Steven Madden suggests that investors are becoming more optimistic about the company's performance and growth prospects, which could signal improved market confidence in the fashion footwear and accessories brand.