Short Interest Analysis: TEM
Tempus AI (TEM) is currently seeing substantial short interest, with 28.1 million shares held short. The days-to-cover ratio is currently 5.2, indicating a moderate level of short-side positioning that would require over five days of average trading volume to fully unwind. The borrow fee remains low at 0.3%, suggesting that despite the large number of shares shorted, there is currently no shortage of supply in the lending market.
Market Context
While the short interest is high in absolute terms, the low borrow fee indicates that the market is not currently pricing in a high risk of a squeeze. The company's 41.3-month cash runway provides a long-term buffer that may influence the conviction of those holding these short positions.
Key Takeaways
- 28.1 million shares are currently held short.
- Days-to-cover ratio is 5.2.
- Borrow fee is low at 0.3%, indicating high liquidity for lenders.
The Bottom Line
TEM maintains a large open short position, but the low cost of borrowing suggests that the market is currently comfortable with the level of short exposure.
Signal data sourced from CurvedTrading. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.