Short sellers have significantly retreated from SVC, with FINRA data revealing a massive -80.0% drop in total short interest to 4.47 million shares as of the July 15, 2026 settlement. This reduction in bearish bets, which previously stood at 22.39 million shares, has compressed the days-to-cover ratio to just 2.0 days. This sharp contraction in supply suggests that the prevailing negative sentiment has been largely exhausted, potentially opening the door for a re-rating of the equity as the market digests the reduced overhang.
Source: FINRA OTC Market Short Interest Biweekly Report, July 15, 2026
What would change this read
The current bullish momentum is fragile; a resurgence of short interest above 10 million shares in the next biweekly filing would indicate a renewed bearish squeeze, while any material adverse news disclosed via an 8-K filing would immediately invalidate the thesis.