Skip to main content

Saratoga Investment Corp.

SAR
Exchange
NYSE
SEC CIK
0001377936

In the last 90 days, Saratoga Investment Corp. insiders filed 1 open-market purchase and 0 sales; 58 institutions reported holding it in 13F filings for Q2 2026, worth $41.7M in total; no superinvestor holds it.

Other share classesSAJSAVSAXSAYSAZ

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
609.1K
Shares, settlement Oct 30, 2026
Change
−29.2K
−4.6% vs. Oct 15, 2026
Days to cover
4.89
Short interest ÷ average daily volume
Average daily volume
124.4K
Shares, as reported by FINRA
Short interest by settlement date
Oct 31, 2024: 132,225 sharesNov 15, 2024: 152,308 sharesNov 29, 2024: 177,384 sharesDec 13, 2024: 138,890 sharesDec 31, 2024: 123,813 sharesJan 15, 2025: 128,983 sharesJan 31, 2025: 150,957 sharesFeb 14, 2025: 128,976 sharesFeb 28, 2025: 109,598 sharesMar 14, 2025: 105,281 sharesMar 31, 2025: 141,296 sharesApr 15, 2025: 181,034 sharesApr 30, 2025: 224,898 sharesMay 15, 2025: 197,619 sharesMay 30, 2025: 227,718 sharesJun 13, 2025: 267,265 sharesJun 30, 2025: 247,310 sharesJul 15, 2025: 285,036 sharesJul 31, 2025: 287,647 sharesAug 15, 2025: 291,885 sharesAug 29, 2025: 344,811 sharesSep 15, 2025: 410,881 sharesSep 30, 2025: 445,793 sharesOct 15, 2025: 431,364 sharesOct 31, 2025: 446,424 sharesNov 14, 2025: 387,660 sharesNov 28, 2025: 410,096 sharesDec 15, 2025: 404,442 sharesDec 31, 2025: 416,606 sharesJan 15, 2026: 398,677 sharesJan 30, 2026: 427,171 sharesFeb 13, 2026: 515,562 sharesFeb 27, 2026: 578,381 sharesMar 13, 2026: 541,737 sharesMar 31, 2026: 514,446 sharesApr 15, 2026: 545,538 sharesApr 30, 2026: 593,331 sharesMay 15, 2026: 652,786 sharesMay 29, 2026: 595,907 sharesJun 15, 2026: 633,904 sharesJun 30, 2026: 607,233 sharesJul 15, 2026: 734,124 sharesJul 31, 2026: 742,030 sharesAug 14, 2026: 717,206 sharesAug 31, 2026: 743,851 sharesSep 15, 2026: 690,893 sharesSep 30, 2026: 627,981 sharesOct 15, 2026: 638,294 sharesOct 30, 2026: 609,111 shares
Short interest in SAR by settlement date
Settlement dateShort interestChangeChange %Avg. daily volumeDays to cover
Oct 30, 2026609.1K−29.2K−4.6%124.4K4.89
Oct 15, 2026638.3K+10.3K+1.6%219.9K2.90
Sep 30, 2026628.0K−62.9K−9.1%121.2K5.18
Sep 15, 2026690.9K−53.0K−7.1%167.2K4.13
Aug 31, 2026743.9K+26.6K+3.7%124.0K6.00
Aug 14, 2026717.2K−24.8K−3.4%136.5K5.25
Jul 31, 2026742.0K+7.91K+1.1%148.0K5.01
Jul 15, 2026734.1K+126.9K+20.9%308.3K2.38
Jun 30, 2026607.2K−26.7K−4.2%69.6K8.72
Jun 15, 2026633.9K+38.0K+6.4%92.8K6.83
May 29, 2026595.9K−56.9K−8.7%94.8K6.28
May 15, 2026652.8K+59.5K+10.0%122.0K5.35
Apr 30, 2026593.3K+47.8K+8.8%88.7K6.69
Apr 15, 2026545.5K+31.1K+6.0%117.5K4.64
Mar 31, 2026514.4K−27.3K−5.0%116.9K4.40
Mar 13, 2026541.7K−36.6K−6.3%165.5K3.27
Feb 27, 2026578.4K+62.8K+12.2%118.3K4.89
Feb 13, 2026515.6K+88.4K+20.7%152.0K3.39
Jan 30, 2026427.2K+28.5K+7.2%103.6K4.12
Jan 15, 2026398.7K−17.9K−4.3%157.6K2.53
Dec 31, 2025416.6K+12.2K+3.0%72.9K5.72
Dec 15, 2025404.4K−5.65K−1.4%94.1K4.30
Nov 28, 2025410.1K+22.4K+5.8%82.4K4.98
Nov 14, 2025387.7K−58.8K−13.2%104.0K3.73
Oct 31, 2025446.4K+15.1K+3.5%90.8K4.91
Oct 15, 2025431.4K−14.4K−3.2%211.6K2.04
Sep 30, 2025445.8K+34.9K+8.5%95.7K4.66
Sep 15, 2025410.9K+66.1K+19.2%129.6K3.17
Aug 29, 2025344.8K+52.9K+18.1%92.1K3.74
Aug 15, 2025291.9K+4.24K+1.5%127.3K2.29
Jul 31, 2025287.6K+2.61K+0.9%127.0K2.26
Jul 15, 2025285.0K+37.7K+15.3%137.4K2.08
Jun 30, 2025247.3K−20.0K−7.5%71.7K3.45
Jun 13, 2025267.3K+39.5K+17.4%187.5K1.43
May 30, 2025227.7K+30.1K+15.2%90.4K2.52
May 15, 2025197.6K−27.3K−12.1%131.6K1.50
Apr 30, 2025224.9K+43.9K+24.2%57.4K3.92
Apr 15, 2025181.0K+39.7K+28.1%117.5K1.54
Mar 31, 2025141.3K+36.0K+34.2%71.8K1.97
Mar 14, 2025105.3K−4.32K−3.9%173.3K1.00
Feb 28, 2025109.6K−19.4K−15.0%244.3K1.00
Feb 14, 2025129.0K−22.0K−14.6%102.5K1.26
Jan 31, 2025151.0K+22.0K+17.0%65.3K2.31
Jan 15, 2025129.0K+5.17K+4.2%66.0K1.96
Dec 31, 2024123.8K−15.1K−10.9%63.8K1.94
Dec 13, 2024138.9K−38.5K−21.7%154.7K1.00
Nov 29, 2024177.4K+25.1K+16.5%116.1K1.53
Nov 15, 2024152.3K+20.1K+15.2%70.0K2.17
Oct 31, 2024132.2K−27.3K−17.1%47.5K2.78

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 SAR by settlement date
Settlement dateSharesPriceValue
Oct 14, 2026424$15.07$6.39K
Oct 9, 20261,619$14.97$24.2K
Oct 6, 20263,692$16.61$61.3K
Oct 5, 20261,001$16.48$16.5K
Sep 30, 2026522$17.03$8.89K
Sep 25, 20262,177$17.33$37.7K
Sep 23, 20263,880$17.75$68.9K
Sep 22, 2026524$17.57$9.21K
Sep 21, 2026312$17.64$5.50K
Sep 18, 202641$17.86$732.26
Sep 17, 20261,392$17.59$24.5K
Sep 16, 20263,833$17.40$66.7K
Sep 15, 2026467$17.34$8.10K
Sep 14, 2026795$17.22$13.7K
Sep 11, 20262,166$17.16$37.2K
Sep 8, 20269,961$17.64$175.7K
Sep 4, 202617,538$17.77$311.7K
Sep 3, 202622,426$18.34$411.3K
Sep 2, 20269,656$18.34$177.1K
Sep 1, 20264,785$18.50$88.5K
Aug 31, 2026529$18.24$9.65K
Aug 28, 20263,312$18.33$60.7K
Aug 26, 20263,947$18.42$72.7K
Aug 25, 20262,417$18.49$44.7K
Aug 21, 2026531$18.72$9.94K
Aug 20, 20262,318$18.80$43.6K
Aug 17, 20262,968$18.90$56.1K
Aug 14, 20263,508$19.55$68.6K
Aug 6, 20266,128$19.09$117.0K
Aug 5, 202623,979$19.77$474.1K

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 SAR by trade date
Trade dateShort volumeShort exemptOff-exchange volumeShort volume ratio
Nov 10, 202627,210065,69241.4%
Nov 9, 202631,663061,05851.9%
Nov 6, 202630,158057,17552.7%
Nov 5, 202651,477097,86752.6%
Nov 4, 202656,4122,200113,59049.7%
Nov 3, 202655,0980158,41434.8%
Nov 2, 202625,623092,45027.7%
Oct 30, 202614,041045,81830.6%
Oct 29, 202611,0531,10023,72246.6%
Oct 28, 202619,612044,38544.2%
Oct 27, 202622,591052,92042.7%
Oct 26, 202628,83951103,36927.9%
Oct 23, 202624,400068,97435.4%
Oct 22, 202638,172084,68545.1%
Oct 21, 202639,326750112,77434.9%
Oct 20, 202622,3911,06169,36632.3%
Oct 19, 202613,718039,22435.0%
Oct 16, 202622,91668847,93247.8%
Oct 15, 202619,054060,88131.3%
Oct 14, 202628,061170,08740.0%
Oct 13, 202627,31544677,28135.3%
Oct 12, 202621,465043,56749.3%
Oct 9, 202648,835875106,09846.0%
Oct 8, 202640,3383,612136,00429.7%
Oct 7, 202698,12238,149235,90141.6%
Oct 6, 202667,770700160,13642.3%
Oct 5, 202656,281666131,42542.8%
Oct 2, 202626,513067,96939.0%
Oct 1, 202625,798051,82949.8%
Sep 30, 202632,60630065,64449.7%

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 SAR
Week ofTierATS sharesATS tradesOther OTC sharesOther OTC tradesATS share
Oct 5, 2026T2229,7713,736564,3894,05728.9%
Sep 28, 2026T298,9822,574203,8513,03432.7%
Sep 21, 2026T2127,2432,456190,0752,25140.1%
Sep 14, 2026T2114,4702,353168,3041,80240.5%
Sep 7, 2026T2100,9842,522194,4211,86934.2%
Aug 31, 2026T2120,6343,206338,5493,38626.3%
Aug 24, 2026T294,9782,364269,8482,39226.0%
Aug 17, 2026T281,7142,699206,1192,32328.4%
Aug 10, 2026T290,5082,292173,9292,00534.2%
Aug 3, 2026T2128,3463,456292,6872,72230.5%
Jul 27, 2026T289,0173,433175,9122,29433.6%
Jul 20, 2026T2150,3834,093186,5122,42544.6%