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Palo Alto Networks Inc

PANW
Exchange
Nasdaq
Industry
Computer Peripheral Equipment, NEC
SEC CIK
0001327567

In the last 90 days, Palo Alto Networks Inc insiders filed 0 open-market purchases and 11 sales; 2,938 institutions reported holding it in 13F filings for Q2 2026, worth $227.2B in total; superinvestors Duquesne Family Office and Maverick Capital hold it.

Four kinds of short-selling data, each measuring something different:

  • Short interest: shares sold short and not yet bought back, as of a settlement date. FINRA publishes it twice a month, about eight business days after the settlement date.
  • Daily short volume: shares sold short each day in off-exchange trades reported to FINRA. It counts trades, not open positions, and is published the next day.
  • Fails-to-deliver: shares not delivered by the settlement date. The SEC publishes them twice a month, about two weeks late.
  • ATS (dark pool) volume: weekly volume on alternative trading systems and other off-exchange venues. FINRA publishes it two to four weeks after the week.

More in the glossary.

Short interest

Shares sold short and not yet bought back, from FINRA, on every settlement date in the last two years.

Short interest
21.3M
Shares, settlement Oct 15, 2026
Change
−339.6K
−1.6% vs. Sep 30, 2026
Days to cover
4.45
Short interest ÷ average daily volume
Average daily volume
4.78M
Shares, as reported by FINRA
Short interest by settlement date
Oct 15, 2024: 9,122,945 sharesOct 31, 2024: 10,273,350 sharesNov 15, 2024: 11,550,175 sharesNov 29, 2024: 11,093,722 sharesDec 13, 2024: 11,389,828 sharesDec 31, 2024: 25,280,598 sharesJan 15, 2025: 24,589,757 sharesJan 31, 2025: 22,411,459 sharesFeb 14, 2025: 23,278,265 sharesFeb 28, 2025: 23,778,874 sharesMar 14, 2025: 24,581,947 sharesMar 31, 2025: 22,429,431 sharesApr 15, 2025: 24,657,361 sharesApr 30, 2025: 25,204,564 sharesMay 15, 2025: 26,017,523 sharesMay 30, 2025: 26,907,307 sharesJun 13, 2025: 23,731,906 sharesJun 30, 2025: 26,587,163 sharesJul 15, 2025: 26,658,314 sharesJul 31, 2025: 34,382,799 sharesAug 15, 2025: 45,789,204 sharesAug 29, 2025: 49,182,826 sharesSep 15, 2025: 49,937,430 sharesSep 30, 2025: 48,578,462 sharesOct 15, 2025: 46,536,552 sharesOct 31, 2025: 44,631,312 sharesNov 14, 2025: 43,552,633 sharesNov 28, 2025: 44,633,987 sharesDec 15, 2025: 44,853,361 sharesDec 31, 2025: 47,048,715 sharesJan 15, 2026: 47,748,481 sharesJan 30, 2026: 46,289,607 sharesFeb 13, 2026: 22,768,366 sharesFeb 27, 2026: 23,895,461 sharesMar 13, 2026: 25,066,976 sharesMar 31, 2026: 26,733,395 sharesApr 15, 2026: 25,811,496 sharesApr 30, 2026: 25,198,205 sharesMay 15, 2026: 27,988,535 sharesMay 29, 2026: 25,677,921 sharesJun 15, 2026: 22,532,962 sharesJun 30, 2026: 25,002,502 sharesJul 15, 2026: 20,423,492 sharesJul 31, 2026: 21,000,807 sharesAug 14, 2026: 22,414,335 sharesAug 31, 2026: 21,411,706 sharesSep 15, 2026: 21,871,670 sharesSep 30, 2026: 21,608,068 sharesOct 15, 2026: 21,268,455 shares
Short interest in PANW by settlement date
Settlement dateShort interestChangeChange %Avg. daily volumeDays to cover
Oct 15, 202621.3M−339.6K−1.6%4.78M4.45
Sep 30, 202621.6M−263.6K−1.2%6.41M3.37
Sep 15, 202621.9M+460.0K+2.2%7.25M3.02
Aug 31, 202621.4M−1.00M−4.5%5.55M3.85
Aug 14, 202622.4M+1.41M+6.7%5.67M3.95
Jul 31, 202621.0M+577.3K+2.8%6.04M3.48
Jul 15, 202620.4M−4.58M−18.3%7.23M2.83
Jun 30, 202625.0M+2.47M+11.0%7.56M3.31
Jun 15, 202622.5M−3.14M−12.3%10.0M2.25
May 29, 202625.7M−2.31M−8.3%8.49M3.03
May 15, 202628.0M+2.79M+11.1%8.23M3.40
Apr 30, 202625.2M−613.3K−2.4%6.11M4.12
Apr 15, 202625.8M−921.9K−3.5%8.62M2.99
Mar 31, 202626.7M+1.67M+6.7%8.12M3.29
Mar 13, 202625.1M+1.17M+4.9%7.94M3.16
Feb 27, 202623.9M+1.13M+5.0%15.8M1.51
Feb 13, 202622.8M−23.5M−50.8%17.3M1.31
Jan 30, 202646.3M−1.46M−3.1%6.84M6.77
Jan 15, 202647.7M+699.8K+1.5%5.99M7.97
Dec 31, 202547.0M+2.20M+4.9%5.34M8.81
Dec 15, 202544.9M+219.4K+0.5%5.12M8.75
Nov 28, 202544.6M+1.08M+2.5%8.25M5.41
Nov 14, 202543.6M−1.08M−2.4%4.96M8.78
Oct 31, 202544.6M−1.91M−4.1%4.19M10.65
Oct 15, 202546.5M−2.04M−4.2%5.12M9.09
Sep 30, 202548.6M−1.36M−2.7%5.84M8.32
Sep 15, 202549.9M+754.6K+1.5%5.45M9.16
Aug 29, 202549.2M+3.39M+7.4%10.5M4.70
Aug 15, 202545.8M+11.4M+33.2%11.0M4.15
Jul 31, 202534.4M+7.72M+29.0%9.80M3.51
Jul 15, 202526.7M+71.2K+0.3%4.81M5.54
Jun 30, 202526.6M+2.86M+12.0%4.72M5.64
Jun 13, 202523.7M−3.18M−11.8%3.61M6.57
May 30, 202526.9M+889.8K+3.4%7.42M3.63
May 15, 202526.0M+813.0K+3.2%4.24M6.14
Apr 30, 202525.2M+547.2K+2.2%4.57M5.51
Apr 15, 202524.7M+2.23M+9.9%7.19M3.43
Mar 31, 202522.4M−2.15M−8.8%4.90M4.58
Mar 14, 202524.6M+803.1K+3.4%4.72M5.21
Feb 28, 202523.8M+500.6K+2.2%5.29M4.50
Feb 14, 202523.3M+866.8K+3.9%6.73M3.46
Jan 31, 202522.4M−2.18M−8.9%5.74M3.91
Jan 15, 202524.6M−690.8K−2.7%6.50M3.78
Dec 31, 2024Split25.3M+13.9M+122.0%4.79M5.28
Dec 13, 202411.4M+296.1K+2.7%2.07M5.51
Nov 29, 202411.1M−456.5K−4.0%4.27M2.60
Nov 15, 202411.6M+1.28M+12.4%2.06M5.61
Oct 31, 202410.3M+1.15M+12.6%1.87M5.50
Oct 15, 20249.12M−482.7K−5.0%2.40M3.81

Fails-to-deliver

Shares that weren't delivered by the settlement date, from the SEC, for the last 30 dates with fails. The price is the previous day's closing price published by the SEC.

Fails-to-deliver in PANW by settlement date
Settlement dateSharesPriceValue
Oct 9, 2026240$398.50$95.6K
Oct 8, 202611,069$405.57$4.49M
Oct 7, 20261,141$419.91$479.1K
Oct 6, 2026253$406.76$102.9K
Oct 5, 20267,576$403.24$3.05M
Oct 1, 2026256$397.31$101.7K
Sep 30, 202634$388.41$13.2K
Sep 28, 202630$374.74$11.2K
Sep 25, 20267,618$389.92$2.97M
Sep 24, 20264$393.30$1.57K
Sep 21, 202618,774$363.58$6.83M
Sep 15, 20268,142$373.94$3.04M
Sep 8, 2026845$333.26$281.6K
Sep 4, 202622,455$331.94$7.45M
Sep 3, 2026450$328.48$147.8K
Sep 2, 202643,236$362.09$15.7M
Aug 31, 20266$371.59$2.23K
Aug 28, 20261,221$382.85$467.5K
Aug 24, 2026229$357.87$82.0K
Aug 17, 20263,967$384.27$1.52M
Aug 13, 2026230,000$387.01$89.0M
Aug 12, 20262,357$383.80$904.6K
Aug 11, 202675$385.04$28.9K
Aug 10, 2026400$363.86$145.5K
Aug 6, 20261,371$362.66$497.2K
Aug 5, 2026579$366.34$212.1K
Aug 4, 2026579$347.13$201.0K
Jul 30, 202611$314.15$3.46K
Jul 29, 20261,963$319.00$626.2K
Jul 27, 2026265$323.79$85.8K

Daily short volume

Off-exchange short-sale volume, not short interest: shares sold short each day in trades reported to FINRA, for the last 30 trading days.

The short volume ratio isn't a sentiment gauge: market makers sell short to fill buy orders and to hedge, so short sales are usually about half of off-exchange volume.

Off-exchange short volume in PANW by trade date
Trade dateShort volumeShort exemptOff-exchange volumeShort volume ratio
Nov 9, 20261,105,6635,6112,344,02047.2%
Nov 6, 2026846,62515,5112,263,55037.4%
Nov 5, 20261,299,23436,2124,932,60426.3%
Nov 4, 2026802,1331,8411,879,68942.7%
Nov 3, 2026611,9991,3451,837,33733.3%
Nov 2, 20261,416,550258,0202,807,33350.5%
Oct 30, 2026939,2671,5662,785,51833.7%
Oct 29, 20261,603,39513,2593,260,73549.2%
Oct 28, 2026808,6306251,374,51158.8%
Oct 27, 20261,089,4808311,897,26957.4%
Oct 26, 20261,446,9023,4702,325,53062.2%
Oct 23, 20261,846,3081,0802,903,99663.6%
Oct 22, 20261,593,8215742,779,00357.4%
Oct 21, 2026731,1011,6541,720,38942.5%
Oct 20, 2026622,6689231,557,38540.0%
Oct 19, 2026671,8112,4531,591,47442.2%
Oct 16, 20261,845,56879,4623,819,96348.3%
Oct 15, 2026934,16134,8042,275,89141.0%
Oct 14, 2026957,1002,7282,511,44738.1%
Oct 13, 2026515,4222,0101,357,43838.0%
Oct 12, 2026976,8459552,180,45944.8%
Oct 9, 2026941,0822,0581,939,01348.5%
Oct 8, 2026845,7285881,918,53344.1%
Oct 7, 2026726,5856,5081,581,37645.9%
Oct 6, 20261,328,9042,5652,438,09154.5%
Oct 5, 2026644,8841,7031,432,73145.0%
Oct 2, 2026853,3253,8151,927,45944.3%
Oct 1, 20261,181,54758,2862,381,35849.6%
Sep 30, 20261,120,5885,4822,636,27842.5%
Sep 29, 2026985,2041,6182,463,27340.0%

ATS (dark pool) volume

Weekly volume on alternative trading systems (ATS) and other off-exchange (OTC) venues, from FINRA, for the last 12 weeks. ATS share is ATS volume ÷ (ATS + OTC volume), not a share of all trading.

Weekly ATS and OTC volume in PANW
Week ofTierATS sharesATS tradesOther OTC sharesOther OTC tradesATS share
Oct 19, 2026T16,620,165160,1206,398,323151,99650.9%
Oct 12, 2026T16,962,689169,7817,427,162183,12848.4%
Oct 5, 2026T15,055,715141,5006,030,898160,64545.6%
Sep 28, 2026T16,440,154157,4047,663,818188,72845.7%
Sep 21, 2026T15,977,313148,7467,050,860179,73345.9%
Sep 14, 2026T18,658,470200,56911,715,086210,92342.5%
Sep 7, 2026T14,518,407110,5306,150,810112,58342.3%
Aug 31, 2026T19,472,549211,49011,006,015252,10746.3%
Aug 24, 2026T16,750,773162,7247,098,971200,21548.7%
Aug 17, 2026T16,266,682157,7765,398,122131,12653.7%
Aug 10, 2026T16,796,047148,4975,607,498158,93154.8%
Aug 3, 2026T18,098,534171,4056,205,498141,78156.6%