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Strategic Education, Inc.

STRA
Exchange
Nasdaq
Industry
Services-Educational Services
SEC CIK
0001013934

In the last 90 days, Strategic Education, Inc. insiders filed 2 open-market purchases and 0 sales; 293 institutions reported holding it in 13F filings for Q2 2026, worth $1.69B in total; no superinvestor holds 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
1.62M
Shares, settlement Oct 30, 2026
Change
+12.2K
+0.8% vs. Oct 15, 2026
Days to cover
7.21
Short interest ÷ average daily volume
Average daily volume
225.2K
Shares, as reported by FINRA
Short interest by settlement date
Oct 31, 2024: 408,500 sharesNov 15, 2024: 433,052 sharesNov 29, 2024: 389,846 sharesDec 13, 2024: 380,349 sharesDec 31, 2024: 382,603 sharesJan 15, 2025: 384,683 sharesJan 31, 2025: 329,555 sharesFeb 14, 2025: 307,800 sharesFeb 28, 2025: 317,839 sharesMar 14, 2025: 366,873 sharesMar 31, 2025: 375,095 sharesApr 15, 2025: 516,264 sharesApr 30, 2025: 575,358 sharesMay 15, 2025: 547,968 sharesMay 30, 2025: 446,558 sharesJun 13, 2025: 494,176 sharesJun 30, 2025: 481,353 sharesJul 15, 2025: 587,581 sharesJul 31, 2025: 567,246 sharesAug 15, 2025: 670,778 sharesAug 29, 2025: 695,684 sharesSep 15, 2025: 561,103 sharesSep 30, 2025: 484,837 sharesOct 15, 2025: 603,060 sharesOct 31, 2025: 655,045 sharesNov 14, 2025: 772,784 sharesNov 28, 2025: 779,419 sharesDec 15, 2025: 855,093 sharesDec 31, 2025: 903,762 sharesJan 15, 2026: 773,367 sharesJan 30, 2026: 760,419 sharesFeb 13, 2026: 846,446 sharesFeb 27, 2026: 794,597 sharesMar 13, 2026: 928,316 sharesMar 31, 2026: 1,191,244 sharesApr 15, 2026: 1,208,895 sharesApr 30, 2026: 1,055,632 sharesMay 15, 2026: 1,036,886 sharesMay 29, 2026: 1,065,565 sharesJun 15, 2026: 1,080,509 sharesJun 30, 2026: 1,259,673 sharesJul 15, 2026: 1,293,792 sharesJul 31, 2026: 1,216,765 sharesAug 14, 2026: 1,411,011 sharesAug 31, 2026: 1,666,161 sharesSep 15, 2026: 1,572,322 sharesSep 30, 2026: 1,426,236 sharesOct 15, 2026: 1,611,153 sharesOct 30, 2026: 1,623,306 shares
Short interest in STRA by settlement date
Settlement dateShort interestChangeChange %Avg. daily volumeDays to cover
Oct 30, 20261.62M+12.2K+0.8%225.2K7.21
Oct 15, 20261.61M+184.9K+13.0%285.5K5.64
Sep 30, 20261.43M−146.1K−9.3%362.0K3.94
Sep 15, 20261.57M−93.8K−5.6%260.5K6.03
Aug 31, 20261.67M+255.2K+18.1%217.2K7.67
Aug 14, 20261.41M+194.2K+16.0%276.3K5.11
Jul 31, 20261.22M−77.0K−6.0%332.4K3.66
Jul 15, 20261.29M+34.1K+2.7%278.0K4.65
Jun 30, 20261.26M+179.2K+16.6%342.0K3.68
Jun 15, 20261.08M+14.9K+1.4%227.3K4.75
May 29, 20261.07M+28.7K+2.8%245.1K4.35
May 15, 20261.04M−18.7K−1.8%279.3K3.71
Apr 30, 20261.06M−153.3K−12.7%349.9K3.02
Apr 15, 20261.21M+17.7K+1.5%246.2K4.91
Mar 31, 20261.19M+262.9K+28.3%329.5K3.62
Mar 13, 2026928.3K+133.7K+16.8%373.6K2.48
Feb 27, 2026794.6K−51.8K−6.1%313.9K2.53
Feb 13, 2026846.4K+86.0K+11.3%223.0K3.80
Jan 30, 2026760.4K−12.9K−1.7%135.8K5.60
Jan 15, 2026773.4K−130.4K−14.4%249.5K3.10
Dec 31, 2025903.8K+48.7K+5.7%166.8K5.42
Dec 15, 2025855.1K+75.7K+9.7%190.3K4.49
Nov 28, 2025779.4K+6.63K+0.9%145.3K5.36
Nov 14, 2025772.8K+117.7K+18.0%177.5K4.35
Oct 31, 2025655.0K+52.0K+8.6%125.1K5.24
Oct 15, 2025603.1K+118.2K+24.4%126.2K4.78
Sep 30, 2025484.8K−76.3K−13.6%189.8K2.55
Sep 15, 2025561.1K−134.6K−19.4%167.6K3.35
Aug 29, 2025695.7K+24.9K+3.7%125.4K5.55
Aug 15, 2025670.8K+103.5K+18.3%165.0K4.07
Jul 31, 2025567.2K−20.3K−3.5%215.6K2.63
Jul 15, 2025587.6K+106.2K+22.1%168.0K3.50
Jun 30, 2025481.4K−12.8K−2.6%189.9K2.53
Jun 13, 2025494.2K+47.6K+10.7%156.1K3.17
May 30, 2025446.6K−101.4K−18.5%148.0K3.02
May 15, 2025548.0K−27.4K−4.8%213.1K2.57
Apr 30, 2025575.4K+59.1K+11.5%220.4K2.61
Apr 15, 2025516.3K+141.2K+37.6%279.3K1.85
Mar 31, 2025375.1K+8.22K+2.2%185.4K2.02
Mar 14, 2025366.9K+49.0K+15.4%198.8K1.85
Feb 28, 2025317.8K+10.0K+3.3%147.7K2.15
Feb 14, 2025307.8K−21.8K−6.6%85.1K3.62
Jan 31, 2025329.6K−55.1K−14.3%96.8K3.40
Jan 15, 2025384.7K+2.08K+0.5%87.7K4.39
Dec 31, 2024382.6K+2.25K+0.6%139.4K2.75
Dec 13, 2024380.3K−9.50K−2.4%105.8K3.59
Nov 29, 2024389.8K−43.2K−10.0%146.8K2.66
Nov 15, 2024433.1K+24.6K+6.0%202.9K2.13
Oct 31, 2024408.5K−51.4K−11.2%89.2K4.58

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 STRA by settlement date
Settlement dateSharesPriceValue
Sep 22, 20264$78.53$314.12
Sep 15, 20262$82.73$165.46
Sep 2, 20262$83.32$166.64
Aug 31, 2026146$84.64$12.4K
Aug 26, 2026258$86.03$22.2K
Aug 24, 20263$83.42$250.26
Aug 10, 202616$84.88$1.36K
Jul 31, 202625$85.08$2.13K
Jul 30, 202631$87.62$2.72K
Jul 27, 2026143$75.64$10.8K
Jul 24, 2026100$75.00$7.50K
Jul 23, 2026100$73.94$7.39K
Jul 22, 2026100$75.54$7.55K
Jul 20, 2026336$76.53$25.7K
Jul 16, 2026298$75.81$22.6K
Jul 6, 20266$80.98$485.88
Jun 26, 202620$76.61$1.53K
Jun 15, 2026121$77.41$9.37K
Jun 12, 20268$79.85$638.8
Jun 3, 202611$79.16$870.76
Jun 2, 2026480$79.39$38.1K
May 29, 202664$77.20$4.94K
May 27, 202635$77.83$2.72K
May 21, 2026514$79.99$41.1K
May 20, 20261,392$80.04$111.4K
May 13, 2026969$78.53$76.1K
May 12, 2026105$77.61$8.15K
May 11, 2026568$80.18$45.5K
May 8, 20265,000$79.09$395.4K
May 7, 20261$78.58$78.58

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 STRA by trade date
Trade dateShort volumeShort exemptOff-exchange volumeShort volume ratio
Nov 12, 202683,2060140,37859.3%
Nov 11, 202690,2340152,44059.2%
Nov 10, 2026146,2340275,15453.1%
Nov 9, 2026108,1867,852228,34747.4%
Nov 6, 2026121,8779,134259,21947.0%
Nov 5, 2026147,5403,740333,34144.3%
Nov 4, 202674,9110155,77948.1%
Nov 3, 202680,75811141,76757.0%
Nov 2, 202666,5230143,60946.3%
Oct 30, 202646,4730106,34043.7%
Oct 29, 202629,471085,14134.6%
Oct 28, 202640,868500110,43137.0%
Oct 27, 202615,376045,86933.5%
Oct 26, 202641,701264,70564.4%
Oct 23, 202638,0171060,32263.0%
Oct 22, 202628,267058,86048.0%
Oct 21, 202639,252066,64558.9%
Oct 20, 202629,108049,08459.3%
Oct 19, 202674,612891,73581.3%
Oct 16, 202649,7882075,90765.6%
Oct 15, 202678,7210102,91976.5%
Oct 14, 202687,5440270,98232.3%
Oct 13, 202645,527075,12260.6%
Oct 12, 202643,947157,05577.0%
Oct 9, 202622,79810844,06951.7%
Oct 8, 202661,3760138,21544.4%
Oct 7, 202646,229061,22575.5%
Oct 6, 202643,536060,17972.3%
Oct 5, 202629,940042,09071.1%
Oct 2, 202634,9331052,07067.1%

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 STRA
Week ofTierATS sharesATS tradesOther OTC sharesOther OTC tradesATS share
Oct 5, 2026T2232,65211,772454,8102,74433.8%
Sep 28, 2026T2224,01111,845479,0852,64931.9%
Sep 21, 2026T2328,57712,677316,2172,53451.0%
Sep 14, 2026T2400,45315,080551,4842,82142.1%
Sep 7, 2026T2263,39014,206325,5392,08444.7%
Aug 31, 2026T2308,02914,332277,2282,98052.6%
Aug 24, 2026T2292,90213,10494,7902,27075.6%
Aug 17, 2026T2319,68714,584155,0512,60367.3%
Aug 10, 2026T2372,19714,766205,9642,45764.4%
Aug 3, 2026T2510,07117,072133,2492,43179.3%
Jul 27, 2026T2731,25217,870202,3043,23678.3%
Jul 20, 2026T2303,44914,184116,1072,77172.3%