XOOMAR

Orthofix Medical Inc. (OFIX)

Every FINRA and SEC series the site collects for Orthofix Medical Inc.: 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 surgical & medical instruments & apparatus.

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2.4M

Short interest

settlement 2026-08-31

9.2

Days to cover

+14.5% vs prior

58.2%

Short share of volume

2026-09-17

213

Fails to deliver

settlement 2026-08-26

Tue 3 Nov

Next earnings

estimated; last year 2025-11-04

-$417K

Insider flow, 90 days

0 buys, 4 sells

As of 2026-09-17.

Short interest

FINRA, twice a month; the last 12 months shown, all 48 settlements in the JSON

As of 31 August 2026, short interest in OFIX is 2,375,736 shares, up 252,320 shares over the last month. Over the last 48 readings it ranged from 609,706 shares (28 February 2025) to 2,931,376 shares (13 September 2024). At the reported average volume of 258K shares a day that is 9.2 days to cover, elevated.

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SettlementShares shortChangeAvg daily volumeDays to cover
2026-08-312,375,736+14.5%258,1079.20
2026-08-142,074,158-2.3%477,8674.34
2026-07-312,123,416-15.4%286,0817.42
2026-07-152,510,464+6.2%404,9656.20
2026-06-302,363,876+18.5%433,2615.46
2026-06-151,994,948+2.3%426,3414.68
2026-05-291,950,321+50.5%638,7733.05
2026-05-151,295,954+4.7%379,3953.42
2026-04-301,237,366-7.4%212,2665.83
2026-04-151,336,557+11.5%247,1645.41
2026-03-311,198,336+11.5%281,1594.26
2026-03-131,075,068-2.3%308,1453.49
2026-02-271,100,792+4.8%290,4763.79
2026-02-131,050,127+4.2%223,5944.70
2026-01-301,007,739-5.5%202,3074.98
2026-01-151,066,702+5.4%224,2774.76
2025-12-311,012,198-11.3%192,2715.26
2025-12-151,141,692-12.2%182,9826.24
2025-11-281,299,978-13.5%258,8175.02
2025-11-141,503,304-3.4%287,2295.23
2025-10-311,555,974-4.8%224,1326.94
2025-10-151,635,275-5.9%252,3376.48
2025-09-301,737,377+3.7%289,3106.01
2025-09-151,675,356-7.8%389,0684.31

Daily short volume

FINRA Reg SHO, last 60 sessions. JSON

As of 17 September 2026, the short share of OFIX volume is 58.2%, down 1.8 points over the last five sessions. Over the last 52 readings it ranged from 30.9% (28 August 2026) to 81.9% (20 July 2026). The latest reading is 3.9 points above the 30-session average of 54.3%, on 66K shares reported.

DateShort volumeTotal volumeShort shareExempt
2026-09-1739K66K58.2%10
2026-09-1637K75K49.5%0
2026-09-1545K92K48.7%0
2026-09-1456K83K67.8%0
2026-09-1186K156K55.0%0
2026-09-1058K97K60.1%0
2026-09-09105K193K54.1%0
2026-09-0859K94K62.3%0
2026-09-0438K66K57.1%0
2026-09-0356K103K54.2%0
2026-09-0267K101K65.7%336
2026-09-0162K125K49.9%0
2026-08-3178K126K61.8%0
2026-08-2825K80K30.9%0
2026-08-2720K54K36.8%0
2026-08-2643K74K58.1%0
2026-08-2546K87K53.0%0
2026-08-2461K110K55.6%0
2026-08-21100K148K67.7%0
2026-08-2047K78K59.6%0
2026-08-1930K62K49.4%0
2026-08-1824K61K38.7%0
2026-08-1750K77K65.5%0
2026-08-1445K93K48.8%0
2026-08-1331K67K46.2%0
2026-08-1255K87K63.2%0
2026-08-1152K151K34.6%1,500
2026-08-1062K117K53.1%0
2026-08-0775K130K57.7%0
2026-08-0686K130K66.4%730

Fails to deliver

SEC, by settlement date. JSON

As of 26 August 2026, the fails-to-deliver balance in OFIX is 213 shares, up 13 shares over the last settlement date. Over the last 52 readings it ranged from 1 share (9 June 2026) to 10,168 shares (14 October 2025). The latest reading sits at the bottom of that range.

SettlementShares failedPriceValue
2026-08-26213$9.64$2K
2026-08-18200$10.03$2K
2026-08-14138$10.18$1K
2026-08-076,330$10.60$67K
2026-08-06633$10.42$7K
2026-08-048,991$12.26$110K
2026-07-3198$11.79$1K
2026-07-30110$12.17$1K
2026-07-29216$12.26$3K
2026-07-27330$11.25$4K
2026-07-2292$11.63$1K
2026-07-213,291$11.56$38K
2026-07-16283$11.29$3K
2026-06-17238$9.41$2K
2026-06-16922$9.20$8K
2026-06-152,099$9.31$20K
2026-06-11293$9.73$3K
2026-06-091$9.69$10
2026-06-05221$10.34$2K
2026-06-0296$9.27$890
2026-05-1350$12.18$609
2026-03-31775$11.32$9K
2026-03-251,055$11.72$12K
2026-03-1267$12.27$822
2026-03-10537$12.46$7K
2026-03-094$12.62$50
2026-03-06106$12.57$1K
2026-03-02131$13.53$2K
2026-02-13393$13.27$5K
2026-02-03289$13.45$4K

Insider trades

SEC Form 4, newest first, 50 of 100 shown. JSON

Insiders at OFIX reported 4 open-market sells worth $417K 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: Fisher Patrick (President, Global Limb Recon) on 2026-09-01.

DateInsiderTitleTypeSharesPriceValueOwned after
2026-09-01Fisher PatrickPresident, Global Limb ReconSell150$9.39$1K51K
2026-08-18Fisher PatrickPresident, Global Limb ReconSell1K$10.09$13K51K
2026-08-17Juniper Investment Company, LLCn/aSell20K$10.01$200K85K
2026-08-14Juniper Investment Company, LLCn/aSell20K$10.38$202K65K
2026-06-18McPherron AvivaPres, Global Ops & QualSell4K$9.38$34K66K
2026-06-10Paolucci Michael EDirectorGrant15K$0.00$0103K
2026-06-10Maniar ShwetaDirectorGrant15K$0.00$069K
2026-06-10BURRIS WAYNEDirectorGrant15K$0.00$066K
2026-06-10HENNEMAN JOHN B IIIDirectorGrant15K$0.00$0106K
2026-06-10CAPPS VICKIE LDirectorGrant15K$0.00$043K
2026-06-10Finegan MichaelDirectorGrant21K$0.00$082K
2026-06-10Hannon JasonDirectorGrant15K$0.00$088K
2026-06-10Kummeth Charles R.DirectorGrant15K$0.00$076K
2026-06-10Bazaar Alan LeeDirectorGrant15K$0.00$065K
2026-05-22Juniper Investment Company, LLCn/aSell242K$10.70$2.6M3.5M
2026-05-07Engine Jet Capital, L.P.TenPercentOwnerBuy18K$12.20$222K3.8M
2026-05-07Engine Jet Capital, L.P.TenPercentOwnerBuy9K$12.15$111K3.8M
2026-05-07Engine Jet Capital, L.P.TenPercentOwnerBuy2K$12.20$22K382K
2026-05-07Engine Jet Capital, L.P.TenPercentOwnerBuy904$12.15$11K382K
2026-05-07Engine Capital Management, LPn/aBuy904$12.15$11K382K
2026-05-07Engine Capital Management, LPn/aBuy2K$12.20$22K382K
2026-05-07Engine Capital Management, LPn/aBuy9K$12.15$110K3.8M
2026-05-07Engine Capital Management, LPn/aBuy18K$12.20$222K3.8M
2026-05-07HENNEMAN JOHN B IIIn/aBuy5K$12.26$61K91K
2026-05-06Engine Jet Capital, L.P.TenPercentOwnerBuy4K$12.23$46K380K
2026-05-06Engine Jet Capital, L.P.TenPercentOwnerBuy38K$12.23$467K3.8M
2026-05-06Engine Capital Management, LPn/aBuy4K$12.23$46K380K
2026-05-06Engine Capital Management, LPn/aBuy38K$12.23$467K3.8M
2026-05-05Engine Jet Capital, L.P.TenPercentOwnerBuy3K$11.99$35K376K
2026-05-05Engine Jet Capital, L.P.TenPercentOwnerBuy110K$11.99$1.3M3.8M
2026-05-05Engine Capital Management, LPn/aBuy3K$11.99$35K376K
2026-05-05Engine Capital Management, LPn/aBuy110K$11.99$1.3M3.8M
2026-04-16Cedron Jorge AndresCLOSell4K$12.82$48K59K
2026-03-17Vitale LucasCP&BOOSell4K$11.92$51K160K
2026-03-10CAPPS VICKIE Ln/aBuy2K$12.45$30K28K
2026-03-10CAPPS VICKIE Ln/aBuy100$12.44$1K25K
2026-03-09CAPPS VICKIE Ln/aBuy3K$12.48$31K25K
2026-03-05Vitale LucasCP&BOOSell1K$12.55$14K165K
2026-03-05REINHARDT MAXPresident, Global SpineSell1K$12.55$13K25K
2026-03-05McPherron AvivaPres, Global Ops & QualSell1K$12.55$16K68K
2026-03-05Fisher PatrickPresident, Global Limb ReconSell758$12.55$10K51K
2026-03-05Cedron Jorge AndresCLOSell1K$12.55$17K63K
2026-03-05Calafiore MassimoPresident & CEOSell6K$12.55$76K320K
2026-03-05Andrews JulieCFOSell2K$12.55$30K89K
2026-03-04Vitale LucasCP&BOOSell1K$12.92$15K166K
2026-03-04REINHARDT MAXPresident, Global SpineSell1K$12.92$14K26K
2026-03-04McPherron AvivaPres, Global Ops & QualSell1K$12.92$17K69K
2026-03-04Fisher PatrickPresident, Global Limb ReconSell778$12.92$10K51K
2026-03-04Cedron Jorge AndresCLOSell1K$12.92$18K64K
2026-03-04Calafiore MassimoPresident & CEOSell6K$12.92$80K326K

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.

Planned sales (Form 144)

Newest first. JSON

1 Form 144 notice on file for OFIX worth $4K at the prices reported; 1 in the last 90 days worth $4K. Latest: PATRICK FISHER filed on 2026-09-01 to sell 450 shares ($4K) from 2026-09-01.

FiledSellerSharesMarket valueOf outstandingSale fromBroker
2026-09-01PATRICK FISHEROfficer450$4K0.001%2026-09-01Morgan Stanley Smith Barney LLC Executive Financial Services

Large holders (13D and 13G)

One row per reporting person, newest filing first. JSON

12 holders above 5% have filed on OFIX, 9 on Schedule 13D (active intent). The largest reported stake is John A. Bartholdson at 11.0% of the class (4,442,543 shares), filed 2026-05-27 for an event on 2026-05-22.

FiledFormHolderSharesOf classEvent
2026-08-1413G/Ano. 8Armistice Capital, LLCinvestment adviser, other entity3.3M8.0%2026-06-30
2026-08-1413G/Ano. 8Steven Boydparent holding company, individual3.3M8.0%2026-06-30
2026-05-2713D/Ano. 5John A. Bartholdsonindividual4.4M11.0%2026-05-22
2026-05-2713D/Ano. 5Alexis P. Michasindividual4.4M11.0%2026-05-22
2026-05-2713D/Ano. 5Juniper Investment Company, LLCinvestment adviser4.4M11.0%2026-05-22
2026-05-2713D/Ano. 5Juniper HF Investors II, LLCpartnership3.5M8.6%2026-05-22
2026-05-2713D/Ano. 5Juniper Targeted Opportunity Fund, L.P.partnership3.5M8.6%2026-05-22
2026-05-2713D/Ano. 5Juniper Targeted Opportunities, L.P.partnership936K2.3%2026-05-22
2026-05-2713D/Ano. 5Juniper Targeted Opportunity Investors, LLCpartnership936K2.3%2026-05-22
2026-05-2713D/Ano. 5Juniper Multi-Strategy Fund, L.P.partnership45K0.1%2026-05-22
2026-05-2713D/Ano. 5Juniper HF Investors, LLCpartnership45K0.1%2026-05-22
2026-05-1513G/Ano. 7Steven Boydparent holding company, individual2.7M6.7%2026-03-31
2026-05-1513G/Ano. 7Armistice Capital, LLCinvestment adviser, other entity2.7M6.7%2026-03-31
2026-03-2713G/Ano. 7The Vanguard Groupinvestment adviser00.0%2026-03-13
2026-02-1713G/Ano. 6Steven Boydparent holding company, individual2.6M6.7%2025-12-31
2026-02-1713G/Ano. 6Armistice Capital, LLCinvestment adviser, other entity2.6M6.7%2025-12-31
2026-02-1313D/Ano. 4John A. Bartholdsonindividual3.8M9.6%2026-02-11
2026-02-1313D/Ano. 4Alexis P. Michasindividual3.8M9.6%2026-02-11
2026-02-1313D/Ano. 4Juniper Investment Company, LLCinvestment adviser3.8M9.6%2026-02-11
2026-02-1313D/Ano. 4Juniper Targeted Opportunity Fund, L.P.partnership2.8M7.1%2026-02-11
2026-02-1313D/Ano. 4Juniper HF Investors II, LLCpartnership2.8M7.1%2026-02-11
2026-02-1313D/Ano. 4Juniper Targeted Opportunities, L.P.partnership936K2.4%2026-02-11
2026-02-1313D/Ano. 4Juniper Targeted Opportunity Investors, LLCpartnership936K2.4%2026-02-11
2026-02-1313D/Ano. 4Juniper HF Investors, LLCpartnership45K0.1%2026-02-11
2026-02-1313D/Ano. 4Juniper Multi-Strategy Fund, L.P.partnership45K0.1%2026-02-11
2025-11-1413G/Ano. 5Armistice Capital, LLCinvestment adviser, other entity2.2M5.7%2025-09-30
2025-11-1413G/Ano. 5Steven Boydparent holding company, individual2.2M5.7%2025-09-30
2025-10-2113D/Ano. 3John A. Bartholdsonindividual3.2M8.2%2025-10-17
2025-10-2113D/Ano. 3Alexis P. Michasindividual3.2M8.2%2025-10-17
2025-10-2113D/Ano. 3Juniper Investment Company, LLCinvestment adviser3.2M8.2%2025-10-17
2025-10-2113D/Ano. 3Juniper Targeted Opportunity Fund, L.P.partnership2.5M6.3%2025-10-17
2025-10-2113D/Ano. 3Juniper HF Investors II, LLCpartnership2.5M6.3%2025-10-17
2025-10-2113D/Ano. 3Juniper Targeted Opportunity Investors, LLCpartnership696K1.8%2025-10-17
2025-10-2113D/Ano. 3Juniper Targeted Opportunities, L.P.partnership696K1.8%2025-10-17
2025-10-2113D/Ano. 3Juniper HF Investors, LLCpartnership45K0.1%2025-10-17
2025-10-2113D/Ano. 3Juniper Multi-Strategy Fund, L.P.partnership45K0.1%2025-10-17
2025-09-2513D/Ano. 2John A. Bartholdsonindividual2.8M7.2%2025-09-23
2025-09-2513D/Ano. 2Alexis P. Michasindividual2.8M7.2%2025-09-23
2025-09-2513D/Ano. 2Juniper Investment Company, LLCinvestment adviser2.8M7.2%2025-09-23
2025-09-2513D/Ano. 2Juniper HF Investors II, LLCpartnership2.4M6.1%2025-09-23
2025-09-2513D/Ano. 2Juniper Targeted Opportunity Fund, L.P.partnership2.4M6.1%2025-09-23
2025-09-2513D/Ano. 2Juniper Targeted Opportunity Investors, LLCpartnership407K1.0%2025-09-23
2025-09-2513D/Ano. 2Juniper Targeted Opportunities, L.P.partnership407K1.0%2025-09-23
2025-09-2513D/Ano. 2Juniper HF Investors, LLCpartnership45K0.1%2025-09-23
2025-09-2513D/Ano. 2Juniper Multi-Strategy Fund, L.P.partnership45K0.1%2025-09-23

13F holders

Tracked managers holding OFIX at their latest 13F. JSON

7 of the 30 tracked managers held OFIX at their latest 13F, $18.2M in total at quarter-end prices. AQR Capital Management is the largest at $8.1M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 3 added shares and 4 cut.

FundQuarterSharesValueOf portfolioChange in shares
AQR Capital Management2026-06-30887K$8.1M0.00%+698K
Millennium Management2026-06-30862K$7.9M0.00%+701K
Renaissance Technologies2026-06-3097K$885K0.00%-5K
Point72 Asset Management2026-06-3073K$667K0.00%-86K
Citadel Advisors2026-06-3049K$452K0.00%-77K
D. E. Shaw & Co.2026-06-3011K$104K0.00%+850
Two Sigma Investments2026-06-3010K$95K0.00%-18K

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. JSON

In Q2 2026 (quarter ended 2026-06-30) Orthofix Medical Inc. reported revenue of $210.9M, up 3.8% from the same quarter a year earlier, and net loss of $15.8M (-0.39 diluted EPS). In FY 2025 it generated $33.3M of operating cash flow. As of 2026-06-30, cash was $103.8M against $221.6M of debt.

Cash
$103.8M
Debt
$221.6M
Equity
$429.2M
Total assets
$873.0M
Shares outstanding
40,732,608

Quarterly, last 8 quarters

QuarterPeriod endRevenueNet incomeMarginDiluted EPS
Q2 20262026-06-30$210.9M-$15.8M-7.5%-0.39
Q1 20262026-03-31$196.7M-$20.9M-10.6%-0.52
Q4 2025derived2025-12-31$219.9Mn/an/an/a
Q3 20252025-09-30$205.6M-$22.8M-11.1%-0.57
Q2 20252025-06-30$203.1M-$14.1M-6.9%-0.36
Q1 20252025-03-31$193.6M-$53.1M-27.4%-1.35
Q4 2024derived2024-12-31$215.7Mn/an/an/a
Q3 20242024-09-30$196.6M-$27.4M-13.9%-0.71

Fiscal years, with buybacks and dividends

Fiscal yearEndsRevenueNet incomeOperating cash flowCapexBuybacksDividends
FY 20252025-12-31$822.3Mn/a$33.3Mn/an/an/a
FY 20242024-12-31$799.5Mn/a$25.8Mn/an/an/a
FY 20232023-12-31$746.6Mn/a-$45.8M$60.3Mn/an/a
FY 20222022-12-31$460.7Mn/a-$11.5M$21.4Mn/an/a
FY 20212021-12-31$464.5Mn/a$18.5M$17.8Mn/an/a

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

Orthofix Medical Inc. 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 Orthofix Medical Inc. (OFIX), SEC CIK 884624, listed on Nasdaq, classified by the SEC as surgical & medical instruments & apparatus. 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 2026-08-31.JSON and CSV
Daily short volume
FINRA Reg SHO daily filesEvery trading day, loaded the following morning. Latest 2026-09-17.JSON and CSV
Fails to deliver
SEC fails-to-deliver dataTwice a month, a few weeks after the half month ends. Latest 2026-08-26.JSON and CSV
Planned sales
SEC EDGAR Form 144EDGAR read every 30 minutes; a notice is filed on or before the sell order. Latest 2026-09-01.JSON and CSV
Large holders
SEC EDGAR Schedule 13D and 13GEDGAR read every 30 minutes; 13D within five business days of crossing 5%, 13G on the passive schedule. Latest 2026-08-14.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
Earnings dates
SEC EDGAR 8-K Item 2.02 (full-text search)EDGAR full-text search read twice a day; the estimate is last year's date plus 52 weeks. Latest 2026-08-05.JSON and CSV
Insider trades
SEC EDGAR Form 4EDGAR read every 30 minutes; filings are due two business days after the trade. Latest 2026-09-01.JSON and CSV
Company record
EDGAR filing index for CIK 884624Ticker, 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, 18 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.

Datasets

Frequently Asked Questions

How much of OFIX is sold short?
2,375,736 shares were held short at the 2026-08-31 settlement, 9.2 days of average volume. FINRA publishes the next count about eight business days after the 15th and the last business day of the month.
What is OFIX's daily short volume?
On 2026-09-17, 38,512 of the 66,139 OFIX shares reported to FINRA were sold short, 58.2% of the day's reported volume. Short volume is a flow for one day, not a position.
Does OFIX have fails to deliver?
The SEC's latest file shows 213 OFIX shares failed to deliver at settlement 2026-08-26. Fails are reported per settlement date and published twice a month with a lag.
Are OFIX insiders buying or selling?
Insiders at OFIX reported 4 open-market sells worth $417K 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: Fisher Patrick (President, Global Limb Recon) on 2026-09-01.
Have OFIX insiders filed to sell?
1 Form 144 notice on file for OFIX worth $4K at the prices reported; 1 in the last 90 days worth $4K. Latest: PATRICK FISHER filed on 2026-09-01 to sell 450 shares ($4K) from 2026-09-01.
Who owns more than 5% of OFIX?
12 holders above 5% have filed on OFIX, 9 on Schedule 13D (active intent). The largest reported stake is John A. Bartholdson at 11.0% of the class (4,442,543 shares), filed 2026-05-27 for an event on 2026-05-22.
What did OFIX report last quarter?
In Q2 2026 (quarter ended 2026-06-30) Orthofix Medical Inc. reported revenue of $210.9M, up 3.8% from the same quarter a year earlier, and net loss of $15.8M (-0.39 diluted EPS). In FY 2025 it generated $33.3M of operating cash flow. As of 2026-06-30, cash was $103.8M against $221.6M of debt.
Which funds hold OFIX?
7 of the 30 tracked managers held OFIX at their latest 13F, $18.2M in total at quarter-end prices. AQR Capital Management is the largest at $8.1M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 3 added shares and 4 cut.

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