Short Interest in EZCORP Drops by 15.6%

Insider sales also decline as company's stock price rises

Apr. 18, 2026 at 1:26am

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An extreme close-up of various metal and mechanical banking equipment, conveying the industrial, secure nature of EZCORP's financial services business.As short interest in EZCORP declines, the company's heavy financial infrastructure represents the institutional strength behind its pawn lending and retail operations.San Antonio Today

EZCORP, Inc. (NASDAQ:EZPW) saw a significant 15.6% decline in short interest during March, with short positions dropping to 10,230,637 shares. This comes as company insiders have also been selling shares, with directors Gary Tillett and Pablo Lagos Espinosa offloading a combined 30,000 shares in recent months.

Why it matters

The drop in short interest and insider selling could signal growing investor confidence in EZCORP's business and future prospects, as the company operates pawn shops and provides other financial services across the U.S. and Mexico.

The details

The days-to-cover ratio for EZCORP's short positions is currently 13.5, meaning it would take over two weeks for short sellers to cover their positions at the stock's average daily trading volume. Approximately 16.9% of EZCORP's shares are currently sold short.

  • As of March 31st, 2026, EZCORP had 10,230,637 shares sold short.
  • This represents a 15.6% decline from the 12,116,170 shares sold short as of March 15th, 2026.

The players

Gary Tillett

Director at EZCORP who sold 10,000 shares in February 2026.

Pablo Lagos Espinosa

Director at EZCORP who sold 20,000 shares in February 2026.

EZCORP, Inc.

A specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands.

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What they’re saying

“This trade represents a 6.97% decrease in their ownership of the stock.”

— Gary Tillett, Director

“This trade was a 8.77% decrease in their position.”

— Pablo Lagos Espinosa, Director

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

The drop in short interest and insider selling at EZCORP suggests growing investor confidence in the company's financial services business model and future growth prospects.