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SAP SE

SAP
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001000184

No open-market purchases or sales by SAP SE insiders were filed in the last 90 days; 822 institutions reported holding it in 13F filings for Q2 2026, worth $13.0B in total; Harris Associates (Oakmark) is the only superinvestor holding it.

Other share classesSAPGF

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
2.69M
Shares, settlement Oct 30, 2026
Change
−1.45M
−35.1% vs. Oct 15, 2026
Days to cover
1.00
Short interest ÷ average daily volume
Average daily volume
2.86M
Shares, as reported by FINRA
Short interest by settlement date
Oct 31, 2024: 2,011,791 sharesNov 15, 2024: 1,409,164 sharesNov 29, 2024: 1,668,460 sharesDec 13, 2024: 1,677,938 sharesDec 31, 2024: 2,442,184 sharesJan 15, 2025: 2,055,291 sharesJan 31, 2025: 2,162,453 sharesFeb 14, 2025: 2,262,257 sharesFeb 28, 2025: 2,609,991 sharesMar 14, 2025: 3,093,371 sharesMar 31, 2025: 3,685,398 sharesApr 15, 2025: 2,413,964 sharesApr 30, 2025: 2,130,290 sharesMay 15, 2025: 1,456,772 sharesMay 30, 2025: 1,924,222 sharesJun 13, 2025: 1,624,758 sharesJun 30, 2025: 1,390,129 sharesJul 15, 2025: 2,354,712 sharesJul 31, 2025: 2,954,355 sharesAug 15, 2025: 2,706,536 sharesAug 29, 2025: 1,991,554 sharesSep 15, 2025: 2,726,889 sharesSep 30, 2025: 3,078,167 sharesOct 15, 2025: 3,040,301 sharesOct 31, 2025: 1,948,813 sharesNov 14, 2025: 1,687,698 sharesNov 28, 2025: 1,805,032 sharesDec 15, 2025: 1,463,098 sharesDec 31, 2025: 1,841,263 sharesJan 15, 2026: 2,764,750 sharesJan 30, 2026: 2,761,389 sharesFeb 13, 2026: 4,318,981 sharesFeb 27, 2026: 3,670,473 sharesMar 13, 2026: 4,632,979 sharesMar 31, 2026: 5,743,046 sharesApr 15, 2026: 7,558,815 sharesApr 30, 2026: 8,951,869 sharesMay 15, 2026: 11,393,951 sharesMay 29, 2026: 11,180,043 sharesJun 15, 2026: 10,298,559 sharesJun 30, 2026: 11,228,568 sharesJul 15, 2026: 9,595,666 sharesJul 31, 2026: 8,550,092 sharesAug 14, 2026: 8,024,204 sharesAug 31, 2026: 5,026,190 sharesSep 15, 2026: 5,042,705 sharesSep 30, 2026: 4,079,138 sharesOct 15, 2026: 4,135,573 sharesOct 30, 2026: 2,685,262 shares
Short interest in SAP by settlement date
Settlement dateShort interestChangeChange %Avg. daily volumeDays to cover
Oct 30, 20262.69M−1.45M−35.1%2.86M1.00
Oct 15, 20264.14M+56.4K+1.4%1.98M2.09
Sep 30, 20264.08M−963.6K−19.1%1.73M2.36
Sep 15, 20265.04M+16.5K+0.3%2.16M2.33
Aug 31, 20265.03M−3.00M−37.4%2.43M2.07
Aug 14, 20268.02M−525.9K−6.2%2.66M3.01
Jul 31, 20268.55M−1.05M−10.9%4.09M2.09
Jul 15, 20269.60M−1.63M−14.5%2.53M3.79
Jun 30, 202611.2M+930.0K+9.0%2.40M4.67
Jun 15, 202610.3M−881.5K−7.9%3.31M3.11
May 29, 202611.2M−213.9K−1.9%3.26M3.43
May 15, 202611.4M+2.44M+27.3%3.73M3.05
Apr 30, 20268.95M+1.39M+18.4%4.39M2.04
Apr 15, 20267.56M+1.82M+31.6%3.21M2.36
Mar 31, 20265.74M+1.11M+24.0%2.86M2.01
Mar 13, 20264.63M+962.5K+26.2%3.27M1.42
Feb 27, 20263.67M−648.5K−15.0%2.19M1.68
Feb 13, 20264.32M+1.56M+56.4%4.57M1.00
Jan 30, 20262.76M−3.36K−0.1%3.73M1.00
Jan 15, 20262.76M+923.5K+50.2%1.70M1.63
Dec 31, 20251.84M+378.2K+25.9%983.3K1.87
Dec 15, 20251.46M−341.9K−18.9%1.46M1.01
Nov 28, 20251.81M+117.3K+7.0%1.65M1.09
Nov 14, 20251.69M−261.1K−13.4%1.24M1.36
Oct 31, 20251.95M−1.09M−35.9%1.88M1.04
Oct 15, 20253.04M−37.9K−1.2%1.11M2.73
Sep 30, 20253.08M+351.3K+12.9%1.84M1.67
Sep 15, 20252.73M+735.3K+36.9%2.20M1.24
Aug 29, 20251.99M−715.0K−26.4%1.40M1.43
Aug 15, 20252.71M−247.8K−8.4%1.67M1.62
Jul 31, 20252.95M+599.6K+25.5%1.72M1.72
Jul 15, 20252.35M+964.6K+69.4%1.08M2.18
Jun 30, 20251.39M−234.6K−14.4%1.17M1.19
Jun 13, 20251.62M−299.5K−15.6%1.03M1.57
May 30, 20251.92M+467.4K+32.1%1.14M1.69
May 15, 20251.46M−673.5K−31.6%1.35M1.08
Apr 30, 20252.13M−283.7K−11.8%1.86M1.15
Apr 15, 20252.41M−1.27M−34.5%1.99M1.21
Mar 31, 20253.69M+592.0K+19.1%1.31M2.81
Mar 14, 20253.09M+483.4K+18.5%1.56M1.98
Feb 28, 20252.61M+347.7K+15.4%1.16M2.25
Feb 14, 20252.26M+99.8K+4.6%938.0K2.41
Jan 31, 20252.16M+107.2K+5.2%1.17M1.85
Jan 15, 20252.06M−386.9K−15.8%1.02M2.02
Dec 31, 20242.44M+764.2K+45.6%1.02M2.40
Dec 13, 20241.68M+9.48K+0.6%818.1K2.05
Nov 29, 20241.67M+259.3K+18.4%703.5K2.37
Nov 15, 20241.41M−602.6K−30.0%932.3K1.51
Oct 31, 20242.01M+408.6K+25.5%1.04M1.94

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 SAP by settlement date
Settlement dateSharesPriceValue
Oct 14, 2026214$219.75$47.0K
Oct 13, 20263$217.85$653.55
Oct 9, 2026616$212.40$130.8K
Oct 8, 20263,609$210.13$758.4K
Oct 5, 202650,859$208.57$10.6M
Oct 1, 2026759$208.48$158.2K
Sep 30, 2026741$210.85$156.2K
Sep 29, 2026752$209.31$157.4K
Sep 25, 202669$209.11$14.4K
Sep 21, 202622$209.45$4.61K
Sep 18, 20266$213.66$1.28K
Sep 17, 20268,059$213.20$1.72M
Sep 16, 2026787$215.67$169.7K
Sep 15, 20262,506$218.28$547.0K
Sep 14, 20263,015$206.36$622.2K
Sep 11, 20262,814$205.95$579.5K
Sep 10, 20263,571$209.14$746.8K
Sep 9, 2026256$211.49$54.1K
Sep 8, 202635,059$215.11$7.54M
Sep 4, 20266,642$217.03$1.44M
Sep 2, 20267,996$212.04$1.70M
Aug 31, 2026186$221.54$41.2K
Aug 28, 202617,107$221.17$3.78M
Aug 27, 202672,952$211.68$15.4M
Aug 26, 202620$216.93$4.34K
Aug 24, 20261$218.68$218.68
Aug 21, 20265$217.09$1.09K
Aug 20, 202635$215.60$7.55K
Aug 19, 202637,602$210.47$7.91M
Aug 18, 2026224,593$207.84$46.7M

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 SAP by trade date
Trade dateShort volumeShort exemptOff-exchange volumeShort volume ratio
Nov 10, 2026411,952156932,86744.2%
Nov 9, 2026300,540247689,62543.6%
Nov 6, 2026340,3132,117898,24837.9%
Nov 5, 2026693,2965511,889,12136.7%
Nov 4, 2026404,0676901,086,17437.2%
Nov 3, 2026196,7412,326610,45732.2%
Nov 2, 2026272,758566499,41754.6%
Oct 30, 2026423,4395,414808,16952.4%
Oct 29, 2026319,791214635,34350.3%
Oct 28, 2026326,450997574,84056.8%
Oct 27, 2026230,861400788,18829.3%
Oct 26, 2026317,045820924,20434.3%
Oct 23, 2026384,4241,177861,31844.6%
Oct 22, 20261,513,66312,1872,177,89269.5%
Oct 21, 20261,363,9384322,265,65360.2%
Oct 20, 2026520,9161,549823,68863.2%
Oct 19, 2026445,8621,868961,96446.3%
Oct 16, 2026656,2132,8522,639,93324.9%
Oct 15, 2026469,6206,809883,63253.1%
Oct 14, 2026425,153867570,08274.6%
Oct 13, 2026579,0384,181805,01471.9%
Oct 12, 2026548,3541,453947,68957.9%
Oct 9, 2026430,3405421,134,33237.9%
Oct 8, 2026541,93617988,55854.8%
Oct 7, 2026279,3974131,106,52025.3%
Oct 6, 2026524,795586758,48469.2%
Oct 5, 2026359,428233500,53271.8%
Oct 2, 2026392,5971,726556,90870.5%
Oct 1, 2026479,2016,066702,06468.3%
Sep 30, 2026793,7663,4331,264,13462.8%

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 SAP
Week ofTierATS sharesATS tradesOther OTC sharesOther OTC tradesATS share
Oct 5, 2026T22,777,27566,1571,877,68923,42759.7%
Sep 28, 2026T22,652,06165,8822,249,03822,94454.1%
Sep 21, 2026T22,234,06554,813884,50323,64571.6%
Sep 14, 2026T21,893,76851,2292,059,65525,91847.9%
Sep 7, 2026T22,830,08855,8661,368,22418,86867.4%
Aug 31, 2026T23,347,35370,7741,893,05724,65263.9%
Aug 24, 2026T23,342,94671,8242,200,03326,78360.3%
Aug 17, 2026T23,317,21576,5401,562,32728,55668.0%
Aug 10, 2026T23,328,54975,2501,421,38531,11570.1%
Aug 3, 2026T23,918,01478,7741,502,33133,56972.3%
Jul 27, 2026T26,033,775105,5832,450,48543,77971.1%
Jul 20, 2026T25,885,909104,9282,529,73540,94069.9%