ARROW FINANCIAL CORP (AROW)
Every FINRA and SEC series the site collects for ARROW FINANCIAL CORP: short interest with days to cover, daily short sale volume, fails to deliver and Form 4 insider trades. Listed on Nasdaq, classified by the SEC as national commercial banks.
433K
Short interest
settlement 2026-08-14
4.8
Days to cover
-0.4% vs prior
57.3%
Short share of volume
2026-09-11
43
Fails to deliver
settlement 2026-08-11
-$159K
Insider flow, 90 days
0 buys, 1 sells
As of 2026-09-11.
Short interest
FINRA, twice a month; the last 12 months shown, all 48 settlements in the JSONAs of 14 August 2026, short interest in AROW is 432,914 shares, up 7,702 shares over the last month. Over the last 48 readings it ranged from 82,428 shares (14 February 2025) to 434,674 shares (31 July 2026). The latest reading sits at the top of that range. At the reported average volume of 89K shares a day that is 4.8 days to cover.
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| Settlement | Shares short | Change | Avg daily volume | Days to cover |
|---|---|---|---|---|
| 2026-08-14 | 432,914 | -0.4% | 89,262 | 4.85 |
| 2026-07-31 | 434,674 | +2.2% | 93,156 | 4.67 |
| 2026-07-15 | 425,212 | +0.4% | 76,865 | 5.53 |
| 2026-06-30 | 423,362 | +54.0% | 158,232 | 2.68 |
| 2026-06-15 | 274,819 | -0.1% | 65,753 | 4.18 |
| 2026-05-29 | 275,010 | +25.8% | 75,798 | 3.63 |
| 2026-05-15 | 218,538 | +7.3% | 67,863 | 3.22 |
| 2026-04-30 | 203,661 | +16.4% | 83,690 | 2.43 |
| 2026-04-15 | 175,020 | -18.2% | 105,584 | 1.66 |
| 2026-03-31 | 214,063 | +4.3% | 90,410 | 2.37 |
| 2026-03-13 | 205,211 | +46.8% | 119,653 | 1.72 |
| 2026-02-27 | 139,839 | +35.8% | 71,558 | 1.95 |
| 2026-02-13 | 102,968 | -6.8% | 88,928 | 1.16 |
| 2026-01-30 | 110,494 | +4.2% | 86,968 | 1.27 |
| 2026-01-15 | 106,089 | +1.7% | 70,318 | 1.51 |
| 2025-12-31 | 104,313 | -30.6% | 65,075 | 1.60 |
| 2025-12-15 | 150,374 | +1.3% | 74,435 | 2.02 |
| 2025-11-28 | 148,400 | -5.3% | 55,014 | 2.70 |
| 2025-11-14 | 156,663 | +16.2% | 56,551 | 2.77 |
| 2025-10-31 | 134,865 | -6.1% | 32,584 | 4.14 |
| 2025-10-15 | 143,664 | +5.4% | 33,934 | 4.23 |
| 2025-09-30 | 136,267 | -4.7% | 43,707 | 3.12 |
| 2025-09-15 | 143,026 | +5.7% | 36,180 | 3.95 |
| 2025-08-29 | 135,287 | +3.2% | 46,489 | 2.91 |
Daily short volume
FINRA Reg SHO, last 60 sessions. JSONAs of 11 September 2026, the short share of AROW volume is 57.3%, up 4.1 points over the last five sessions. Over the last 52 readings it ranged from 20.2% (13 August 2026) to 86.6% (13 July 2026). The latest reading is 6.8 points above the 30-session average of 50.5%, on 15K shares reported.
| Date | Short volume | Total volume | Short share | Exempt |
|---|---|---|---|---|
| 2026-09-11 | 9K | 15K | 57.3% | 0 |
| 2026-09-10 | 12K | 24K | 52.3% | 43 |
| 2026-09-09 | 17K | 24K | 70.3% | 0 |
| 2026-09-08 | 9K | 17K | 51.9% | 0 |
| 2026-09-04 | 16K | 25K | 63.4% | 0 |
| 2026-09-03 | 21K | 40K | 53.3% | 0 |
| 2026-09-02 | 22K | 38K | 57.8% | 0 |
| 2026-09-01 | 16K | 25K | 63.4% | 0 |
| 2026-08-31 | 9K | 16K | 57.9% | 0 |
| 2026-08-28 | 13K | 21K | 61.4% | 0 |
| 2026-08-27 | 8K | 16K | 49.5% | 0 |
| 2026-08-26 | 10K | 25K | 38.5% | 0 |
| 2026-08-25 | 16K | 27K | 59.9% | 0 |
| 2026-08-24 | 15K | 32K | 46.9% | 0 |
| 2026-08-21 | 26K | 38K | 66.5% | 0 |
| 2026-08-20 | 18K | 30K | 61.7% | 0 |
| 2026-08-19 | 13K | 26K | 50.2% | 1 |
| 2026-08-18 | 10K | 20K | 47.2% | 0 |
| 2026-08-17 | 10K | 32K | 31.2% | 2 |
| 2026-08-14 | 10K | 26K | 39.0% | 0 |
| 2026-08-13 | 7K | 32K | 20.2% | 0 |
| 2026-08-12 | 10K | 26K | 39.5% | 0 |
| 2026-08-11 | 15K | 52K | 29.0% | 0 |
| 2026-08-10 | 24K | 46K | 51.0% | 0 |
| 2026-08-07 | 7K | 22K | 31.9% | 0 |
| 2026-08-06 | 7K | 17K | 41.4% | 79 |
| 2026-08-05 | 10K | 16K | 62.7% | 0 |
| 2026-08-04 | 12K | 26K | 43.7% | 0 |
| 2026-08-03 | 9K | 18K | 49.2% | 0 |
| 2026-07-31 | 19K | 28K | 67.5% | 0 |
Fails to deliver
SEC, by settlement date. JSONAs of 11 August 2026, the fails-to-deliver balance in AROW is 43 shares, down 1,047 shares over the last settlement date. Over the last 18 readings it ranged from 1 share (26 February 2026) to 1,090 shares (15 July 2026). The latest reading sits at the bottom of that range.
| Settlement | Shares failed | Price | Value |
|---|---|---|---|
| 2026-08-11 | 43 | $38.93 | $2K |
| 2026-07-15 | 1,090 | $40.80 | $44K |
| 2026-07-07 | 5 | $41.29 | $206 |
| 2026-06-30 | 271 | $41.13 | $11K |
| 2026-06-09 | 54 | $37.08 | $2K |
| 2026-04-15 | 65 | $36.35 | $2K |
| 2026-04-08 | 23 | $34.90 | $803 |
| 2026-03-23 | 26 | $32.16 | $836 |
| 2026-02-26 | 1 | $34.43 | $34 |
| 2025-12-24 | 13 | $31.78 | $413 |
| 2025-12-16 | 107 | $32.57 | $3K |
| 2025-12-15 | 520 | $32.20 | $17K |
| 2025-11-18 | 150 | $29.55 | $4K |
| 2025-11-12 | 116 | $30.98 | $4K |
| 2025-11-05 | 66 | $30.22 | $2K |
| 2025-10-30 | 187 | $26.44 | $5K |
| 2025-10-21 | 89 | $26.82 | $2K |
| 2025-10-15 | 440 | $27.15 | $12K |
Insider trades
SEC Form 4, newest first, 50 of 100 shown. JSONInsiders at AROW reported 1 open-market sell worth $159K in the last 90 days and no open-market buys. Sells alone are a weak signal; insiders sell for tax, diversification and estate reasons all the time. Latest filing: DeMarco David S. (President & CEO) on 2026-09-04.
| Date | Insider | Title | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|---|
| 2026-09-04 | DeMarco David S. | President & CEO | Tax withholding | 2K | $39.57 | $60K | 96K |
| 2026-09-04 | DeMarco David S. | President & CEO | Option exercise | 2K | $30.26 | $54K | 97K |
| 2026-08-28 | DeMarco David S. | President & CEO | Tax withholding | 4K | $38.16 | $143K | 96K |
| 2026-08-28 | DeMarco David S. | President & CEO | Option exercise | 4K | $30.26 | $133K | 99K |
| 2026-08-17 | Behan Mark | n/a | Tax withholding | 760 | $38.86 | $30K | 11K |
| 2026-08-17 | Behan Mark | n/a | Option exercise | 1K | $27.04 | $30K | 12K |
| 2026-08-17 | DeMarco David S. | President & CEO | Tax withholding | 3K | $39.25 | $102K | 95K |
| 2026-08-17 | DeMarco David S. | President & CEO | Option exercise | 3K | $27.04 | $90K | 97K |
| 2026-08-12 | Behan Mark | n/a | Tax withholding | 901 | $39.13 | $35K | 11K |
| 2026-08-12 | Behan Mark | n/a | Option exercise | 1K | $31.34 | $35K | 11K |
| 2026-08-06 | Behan Mark | n/a | Tax withholding | 608 | $39.97 | $24K | 10K |
| 2026-08-06 | Behan Mark | n/a | Option exercise | 773 | $31.47 | $24K | 11K |
| 2026-08-04 | Behan Mark | n/a | Tax withholding | 777 | $40.79 | $32K | 10K |
| 2026-08-04 | Behan Mark | n/a | Option exercise | 1K | $27.35 | $32K | 11K |
| 2026-08-04 | Behan Mark | n/a | Tax withholding | 804 | $40.79 | $33K | 10K |
| 2026-08-04 | Behan Mark | n/a | Option exercise | 1K | $27.47 | $33K | 11K |
| 2026-08-04 | O'Conor Raymond F | n/a | Tax withholding | 878 | $40.79 | $36K | 31K |
| 2026-08-04 | O'Conor Raymond F | n/a | Option exercise | 1K | $33.78 | $36K | 32K |
| 2026-06-24 | O'Conor Raymond F | n/a | Tax withholding | 874 | $40.36 | $35K | 31K |
| 2026-06-24 | O'Conor Raymond F | n/a | Option exercise | 1K | $31.34 | $35K | 32K |
| 2026-06-18 | Behan Mark | n/a | Tax withholding | 923 | $38.80 | $36K | 9K |
| 2026-06-18 | Behan Mark | n/a | Option exercise | 1K | $33.78 | $36K | 10K |
| 2026-06-17 | Jahnel Darrin | n/a | J | 286 | $38.49 | $11K | 821 |
| 2026-06-17 | White Daniel James | n/a | J | 219 | $38.49 | $8K | 8K |
| 2026-06-17 | Dawsey James M | n/a | J | 373 | $38.49 | $14K | 21K |
| 2026-06-17 | Morris Philip C | n/a | J | 195 | $38.49 | $8K | 9K |
| 2026-06-17 | Duffy Kristine D | n/a | J | 195 | $38.49 | $8K | 6K |
| 2026-06-17 | Behan Mark | n/a | J | 203 | $38.49 | $8K | 9K |
| 2026-06-17 | Behan Mark | n/a | Sell | 4K | $38.59 | $159K | 9K |
| 2026-06-17 | Casaccio Tenee R | n/a | J | 292 | $38.49 | $11K | 29K |
| 2026-06-17 | Read Colin L | n/a | J | 187 | $38.49 | $7K | 34K |
| 2026-06-17 | O'Conor Raymond F | n/a | J | 195 | $38.49 | $8K | 31K |
| 2026-06-17 | CHAMPION GREGORY J | n/a | J | 406 | $38.49 | $16K | 12K |
| 2026-06-17 | KRUCZLNICKI DAVID G | n/a | J | 219 | $38.49 | $8K | 61K |
| 2026-06-10 | O'Conor Raymond F | n/a | Gift | 300 | $0.00 | $0 | 30K |
| 2026-05-26 | Read Colin L | n/a | Gift | 119 | $0.00 | $0 | 33K |
| 2026-05-20 | Read Colin L | n/a | Gift | 500 | $0.00 | $0 | 33K |
| 2026-05-19 | Morris Philip C | n/a | Option exercise | 386 | $31.47 | $12K | 8K |
| 2026-05-18 | Read Colin L | n/a | Gift | 525 | $0.00 | $0 | 33K |
| 2026-05-11 | Morris Philip C | n/a | Option exercise | 546 | $27.04 | $15K | 8K |
| 2026-05-11 | Morris Philip C | n/a | J | 27 | $36.69 | $991 | 8K |
| 2026-05-11 | Read Colin L | n/a | Gift | 2K | $0.00 | $0 | 32K |
| 2026-04-13 | Morris Philip C | n/a | J | 28 | $36.33 | $1K | 8K |
| 2026-03-18 | Jahnel Darrin | n/a | J | 462 | $31.76 | $15K | 531 |
| 2026-03-18 | White Daniel James | n/a | J | 266 | $31.76 | $8K | 8K |
| 2026-03-18 | Dawsey James M | n/a | J | 453 | $31.76 | $14K | 20K |
| 2026-03-18 | Morris Philip C | n/a | J | 236 | $31.76 | $7K | 8K |
| 2026-03-18 | Duffy Kristine D | n/a | J | 236 | $31.76 | $7K | 6K |
| 2026-03-18 | Behan Mark | n/a | J | 246 | $31.76 | $8K | 13K |
| 2026-03-18 | Miller Elizabeth | n/a | J | 453 | $31.76 | $14K | 41K |
Form 4 filings are due within two business days of the trade. Insiders sell for many reasons that say nothing about the company; open-market buys are the rarer, stronger signal.
13F holders
Tracked managers holding AROW at their latest 13F. JSON4 of the 30 tracked managers held AROW at their latest 13F, $20.8M in total at quarter-end prices. Renaissance Technologies is the largest at $7.7M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 3 added shares and 1 cut.
| Fund | Quarter | Shares | Value | Of portfolio | Change in shares |
|---|---|---|---|---|---|
| Renaissance Technologies | 2026-06-30 | 187K | $7.7M | 0.01% | -44K |
| Two Sigma Investments | 2026-06-30 | 145K | $5.9M | 0.00% | +58K |
| AQR Capital Management | 2026-06-30 | 117K | $4.8M | 0.00% | +20K |
| Citadel Advisors | 2026-06-30 | 59K | $2.4M | 0.00% | +40K |
Only the 30 tracked managers on the funds hub; a 13F reports long positions in US listed stock at quarter end, 45 days late, and says nothing about shorts or positions sold since.
Financials
SEC XBRL, as filed. JSONIn FY 2025 it generated $41.3M of operating cash flow and spent $10.2M on buybacks.
- Equity
- $446.3M
- Total assets
- $4.48B
- Shares outstanding
- 18,523,723
Quarterly, last 8 quarters
| Quarter | Period end | Revenue | Net income | Margin | Diluted EPS |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | n/a | $11.0M | n/a | 0.66 |
| Q1 2026 | 2026-03-31 | n/a | $13.5M | n/a | 0.82 |
| Q3 2025 | 2025-09-30 | n/a | $12.8M | n/a | 0.77 |
| Q2 2025 | 2025-06-30 | n/a | $10.8M | n/a | 0.65 |
| Q1 2025 | 2025-03-31 | n/a | $6.3M | n/a | 0.38 |
| Q3 2024 | 2024-09-30 | n/a | $9.0M | n/a | 0.53 |
| Q2 2024 | 2024-06-30 | n/a | $8.6M | n/a | 0.52 |
| Q1 2024 | 2024-03-31 | n/a | $7.7M | n/a | 0.45 |
Fiscal years, with buybacks and dividends
| Fiscal year | Ends | Revenue | Net income | Operating cash flow | Capex | Buybacks | Dividends |
|---|---|---|---|---|---|---|---|
| FY 2025 | 2025-12-31 | n/a | n/a | $41.3M | $5.1M | $10.2M | n/a |
| FY 2024 | 2024-12-31 | n/a | n/a | $34.5M | $5.6M | $6.8M | n/a |
| FY 2023 | 2023-12-31 | n/a | n/a | $20.6M | $7.1M | $3.6M | n/a |
| FY 2022 | 2022-12-31 | n/a | n/a | $59.7M | $14.3M | $2.9M | $17.4M |
| FY 2021 | 2021-12-31 | n/a | n/a | $68.2M | $7.1M | $2.7M | $16.3M |
Quarters are the three-month figures the company reports; a fourth quarter marked derived is the fiscal year less the three reported quarters, since companies report it only inside the 10-K. Fiscal years are the annual figures. Buybacks are cash paid to repurchase common stock in the year (XBRL PaymentsForRepurchaseOfCommonStock), not authorizations. Balance sheet lines are as of 2026-06-30; shares outstanding as of 2026-07-31 from the cover page.
What this page is
ARROW FINANCIAL CORP in the regulatory record
Regulators publish company data in separate files that never sit next to each other: FINRA's twice-monthly short interest, its daily short sale volume, the SEC's fails-to-deliver counts, and each insider's Form 4. A company page pulls every series the site collects for one ticker onto one URL, keyed by the SEC's own ticker list, so the short position, the daily flow, the settlement fails and what insiders are doing can be read together.
Each section has its own history table, a summary sentence built from the rows (last value, change, range with dates) and its own JSON and CSV links. Nothing on the page is written by a model; the sentences change only when the data does. A page exists only for companies with data in at least two series, and every section says when its source last updated.
This page follows ARROW FINANCIAL CORP (AROW), SEC CIK 717538, listed on Nasdaq, classified by the SEC as national commercial banks. The cross-market tables live on the short interest and insider transactions hubs.
Source and method
- Short interest
- FINRA consolidated short interestTwice a month, about eight business days after settlement. Latest 2026-08-14.JSON and CSV
- Daily short volume
- FINRA Reg SHO daily filesEvery trading day, loaded the following morning. Latest 2026-09-11.JSON and CSV
- Fails to deliver
- SEC fails-to-deliver dataTwice a month, a few weeks after the half month ends. Latest 2026-08-11.JSON and CSV
- 13F holders
- SEC EDGAR Form 13F-HRQuarterly, filed within 45 days of quarter end; 30 tracked managers. Latest 2026-06-30.JSON and CSV
- Financials
- SEC XBRL company factsRefreshed weekly from the SEC's structured data; values are as filed in the 10-Q and 10-K. Latest 2026-06-30.JSON and CSV
- Insider trades
- SEC EDGAR Form 4EDGAR read every 30 minutes; filings are due two business days after the trade. Latest 2026-09-04.JSON and CSV
- Company record
- EDGAR filing index for CIK 717538Ticker, name and exchange from the SEC's company list, refreshed weekly.
- Rate limits
- 30 requests a minute without a key, 120 a minute with a key from a free account.
Data checks. Every dataset is checked against its source once a day. This dataset passed the last run, 13 Sep 05:40 UTC.
How to read it
- Read the position against the flow: rising short interest with a high daily short share is new shorting; rising short interest with a normal short share is old shorts holding on.
- Insider buys next to a crowded short are the combination that has historically preceded squeezes; insider sells next to a crowded short are common and mean little.
- Fails to deliver matter relative to the float, not in absolute shares; a million failed shares in a mega cap is noise.
Analysis of what the data shows, not advice. XOOMAR does not recommend buying, selling or holding anything.
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Datasets
Frequently Asked Questions
How much of AROW is sold short?
What is AROW's daily short volume?
Does AROW have fails to deliver?
Are AROW insiders buying or selling?
What did AROW report last quarter?
Which funds hold AROW?
Data on this page is provided for informational purposes only and is not financial advice. See our editorial policy.