Short Interest in Select Medical Drops by 24.4%

Shares of the healthcare provider see reduced short activity in March

Mar. 29, 2026 at 11:30am

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Select Medical Holdings Corporation (NYSE:SEM) saw a significant decline in short interest during March, with the number of shares sold short dropping 24.4% from the previous month. The short interest ratio currently sits at 0.4 days, indicating that short sellers have covered a substantial portion of their positions in the stock.

Why it matters

Changes in short interest can provide insights into market sentiment and investor expectations around a company's performance. The sharp decline in short interest for Select Medical suggests that some traders are becoming more bullish on the stock, potentially signaling improved confidence in the healthcare provider's outlook.

The details

As of March 13th, Select Medical had short interest totaling 2,292,503 shares, down from 3,030,414 shares on February 26th. This represents approximately 2.2% of the company's outstanding shares. The average daily trading volume is 5,279,568 shares, resulting in a short-interest ratio of 0.4 days.

  • As of March 13th, 2026, Select Medical had short interest of 2,292,503 shares.
  • On February 26th, 2026, Select Medical had short interest of 3,030,414 shares.

The players

Select Medical Holdings Corporation

A leading provider of specialized healthcare services in the United States, operating long-term acute care hospitals and inpatient rehabilitation facilities.

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The takeaway

The significant drop in short interest for Select Medical suggests that some investors are becoming more optimistic about the company's prospects, potentially signaling improved confidence in the healthcare provider's performance and outlook.