XOOMAR

SBA COMMUNICATIONS CORP (SBAC)

Every FINRA and SEC series the site collects for SBA COMMUNICATIONS 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 real estate investment trusts.

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3.2M

Short interest

settlement 2026-08-14

2.7

Days to cover

+13.4% vs prior

77.2%

Short share of volume

2026-09-11

108

Fails to deliver

settlement 2026-08-13

-$55K

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 JSON

As of 14 August 2026, short interest in SBAC is 3,165,263 shares, up 202,666 shares over the last month. Over the last 48 readings it ranged from 1,099,735 shares (31 October 2024) to 3,447,109 shares (15 April 2026). At the reported average volume of 1.2M shares a day that is 2.7 days to cover.

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SettlementShares shortChangeAvg daily volumeDays to cover
2026-08-143,165,263+13.4%1,168,8442.71
2026-07-312,792,266-5.8%1,006,2812.77
2026-07-152,962,597+12.0%1,057,4792.80
2026-06-302,645,007+13.6%1,026,7612.58
2026-06-152,329,477-4.3%1,011,7022.30
2026-05-292,433,220+1.2%733,9413.32
2026-05-152,403,877-13.8%804,1052.99
2026-04-302,787,392-19.1%1,041,6802.68
2026-04-153,447,109+23.8%2,367,9561.46
2026-03-312,783,739+8.9%904,6523.08
2026-03-132,556,762+0.8%1,033,8962.47
2026-02-272,535,957+10.5%1,077,3672.35
2026-02-132,295,880-10.7%950,1782.42
2026-01-302,571,394+0.7%750,9703.42
2026-01-152,553,948+2.3%801,0743.19
2025-12-312,496,232+17.2%658,3383.79
2025-12-152,129,412-2.7%790,4342.69
2025-11-282,189,296-12.7%791,7892.76
2025-11-142,507,508+25.6%1,043,7792.40
2025-10-311,995,601+8.8%1,130,4941.77
2025-10-151,834,648-17.6%1,012,3071.81
2025-09-302,225,879+10.2%1,318,6991.69
2025-09-152,020,102-15.1%1,713,4021.18
2025-08-292,379,446+18.6%972,9182.45

Daily short volume

FINRA Reg SHO, last 60 sessions. JSON

As of 11 September 2026, the short share of SBAC volume is 77.2%, up 31.0 points over the last five sessions. Over the last 52 readings it ranged from 32.1% (4 September 2026) to 77.2% (11 September 2026). The latest reading sits at the top of that range. The latest reading is 19.7 points above the 30-session average of 57.5%, on 331K shares reported.

DateShort volumeTotal volumeShort shareExempt
2026-09-11255K331K77.2%5
2026-09-10402K693K58.0%15
2026-09-09244K339K71.9%0
2026-09-08264K431K61.3%4
2026-09-0497K302K32.1%0
2026-09-03195K422K46.2%0
2026-09-02202K306K66.2%33
2026-09-01211K298K70.6%0
2026-08-31177K250K70.9%0
2026-08-28212K301K70.3%0
2026-08-27191K310K61.5%0
2026-08-26219K373K58.9%1
2026-08-25147K225K65.4%0
2026-08-24188K322K58.3%0
2026-08-2179K143K55.6%0
2026-08-2070K175K40.1%0
2026-08-1974K163K45.4%305
2026-08-1882K197K41.6%158
2026-08-17147K259K56.6%95
2026-08-14104K221K47.2%0
2026-08-1386K164K52.4%0
2026-08-12122K213K57.2%462
2026-08-11124K207K60.2%0
2026-08-10224K357K62.8%2,528
2026-08-07163K234K69.9%0
2026-08-06207K346K60.0%0
2026-08-05447K1.0M44.7%34
2026-08-04432K698K61.8%1,578
2026-08-03451K681K66.3%567
2026-07-31461K1.3M35.2%2,954

Fails to deliver

SEC, by settlement date. JSON

As of 13 August 2026, the fails-to-deliver balance in SBAC is 108 shares, down 9,364 shares over the last settlement date. Over the last 52 readings it ranged from 2 shares (22 October 2025) to 63,149 shares (9 June 2026). The latest reading sits at the bottom of that range.

SettlementShares failedPriceValue
2026-08-13108$183.08$20K
2026-08-129,472$181.97$1.7M
2026-08-0521$187.90$4K
2026-07-29229$174.93$40K
2026-07-28348$172.61$60K
2026-07-2024,360$185.69$4.5M
2026-07-1013$182.48$2K
2026-07-0250$180.75$9K
2026-06-2698$180.95$18K
2026-06-232,600$187.59$488K
2026-06-222,700$186.87$505K
2026-06-1820$191.57$4K
2026-06-17300$195.73$59K
2026-06-15739$204.79$151K
2026-06-0963,149$200.10$12.6M
2026-06-0833,603$208.02$7.0M
2026-04-292$217.59$435
2026-04-2244,212$213.10$9.4M
2026-04-141,165$220.24$257K
2026-04-102,733$218.46$597K
2026-04-061,515$204.04$309K
2026-03-31189$169.83$32K
2026-03-2632,359$165.15$5.3M
2026-03-2511$166.76$2K
2026-03-1044,173$195.93$8.7M
2026-03-0913,975$196.58$2.7M
2026-03-0570$196.43$14K
2026-02-23100$199.54$20K
2026-01-28862$186.79$161K
2026-01-275,194$187.67$975K

Insider trades

SEC Form 4, newest first, 50 of 91 shown. JSON

Insiders at SBAC reported 1 open-market sell worth $55K 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: Krouse George R Jr on 2026-08-17.

DateInsiderTitleTypeSharesPriceValueOwned after
2026-08-17Krouse George R Jrn/aSell300$182.67$55K9K
2026-08-01DAY DONALDEVP - SITE LEASINGTax withholding171$180.98$31K10K
2026-08-01DAY DONALDEVP - SITE LEASINGOption exercise457$0.00$010K
2026-05-13LANGER JACKn/aTax withholding1K$213.61$320K9K
2026-05-13LANGER JACKn/aOption exercise2K$212.31$319K10K
2026-05-13Krouse George R Jrn/aTax withholding500$213.61$107K9K
2026-05-13Krouse George R Jrn/aOption exercise501$212.31$106K9K
2026-05-13BERNSTEIN STEVEN En/aTax withholding1K$213.61$320K7K
2026-05-13BERNSTEIN STEVEN En/aOption exercise2K$212.31$319K9K
2026-05-13BEEBE KEVIN Ln/aTax withholding1K$213.61$319K17K
2026-05-13BEEBE KEVIN Ln/aOption exercise2K$212.31$319K18K
2026-04-13Chan Mary Sn/aTax withholding1K$223.75$325K6K
2026-04-13Chan Mary Sn/aOption exercise2K$212.31$319K7K
2026-03-06STOOPS JEFFREYn/aTax withholding8K$195.69$1.6M141K
2026-03-06STOOPS JEFFREYn/aOption exercise21K$0.00$0149K
2026-03-06STOOPS JEFFREYn/aTax withholding1K$195.69$251K128K
2026-03-06STOOPS JEFFREYn/aOption exercise3K$0.00$0129K
2026-03-06Montagner MarcEVP - CHIEF FINANCIAL OFFICERTax withholding979$195.69$192K6K
2026-03-06Montagner MarcEVP - CHIEF FINANCIAL OFFICEROption exercise2K$0.00$07K
2026-03-06Montagner MarcEVP - CHIEF FINANCIAL OFFICERTax withholding815$195.69$160K5K
2026-03-06Montagner MarcEVP - CHIEF FINANCIAL OFFICEROption exercise2K$0.00$05K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerTax withholding321$195.69$63K8K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerOption exercise817$0.00$08K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerTax withholding230$195.69$45K7K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerOption exercise585$0.00$07K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerTax withholding43$195.69$8K7K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerOption exercise110$0.00$07K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerTax withholding360$195.69$70K7K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerOption exercise878$0.00$07K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerTax withholding58$195.69$11K6K
2026-03-06KREDI SAULVP &amp; Chief Accounting OfficerOption exercise147$0.00$06K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELTax withholding756$195.69$148K11K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELOption exercise2K$0.00$011K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELTax withholding582$195.69$114K10K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELOption exercise1K$0.00$010K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELTax withholding2K$195.69$303K9K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELOption exercise4K$0.00$010K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELTax withholding258$195.69$50K6K
2026-03-06KOENIG JOSHUAEXECUTIVE VP/GENERAL COUNSELOption exercise655$0.00$07K
2026-03-06DAY DONALDEVP - SITE LEASINGTax withholding503$195.69$99K10K
2026-03-06DAY DONALDEVP - SITE LEASINGOption exercise1K$0.00$010K
2026-03-06DAY DONALDEVP - SITE LEASINGTax withholding207$195.69$41K9K
2026-03-06DAY DONALDEVP - SITE LEASINGOption exercise555$0.00$09K
2026-03-06DAY DONALDEVP - SITE LEASINGTax withholding604$195.69$118K9K
2026-03-06DAY DONALDEVP - SITE LEASINGOption exercise2K$0.00$09K
2026-03-06DAY DONALDEVP - SITE LEASINGTax withholding101$195.69$20K8K
2026-03-06DAY DONALDEVP - SITE LEASINGOption exercise270$0.00$08K
2026-03-06Ciarfella Mark REVP - OPERATIONSTax withholding676$195.69$132K43K
2026-03-06Ciarfella Mark REVP - OPERATIONSOption exercise2K$0.00$043K
2026-03-06Ciarfella Mark REVP - OPERATIONSTax withholding567$195.69$111K42K

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 SBAC worth $55K at the prices reported; 1 in the last 90 days worth $55K. Latest: GEORGE R. KROUSE JR filed on 2026-08-17 to sell 300 shares ($55K) from 2026-08-17.

FiledSellerSharesMarket valueOf outstandingSale fromBroker
2026-08-17GEORGE R. KROUSE JROfficer300$55K0.000%2026-08-17Morgan Stanley Smith Barney LLC Executive Financial Services

13F holders

Tracked managers holding SBAC at their latest 13F. JSON

7 of the 30 tracked managers held SBAC at their latest 13F, $466.5M in total at quarter-end prices. Citadel Advisors is the largest at $244.0M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 3 added shares and 4 cut.

FundQuarterSharesValueOf portfolioChange in shares
Citadel Advisors2026-06-301.4M$244.0M0.03%+944K
Millennium Management2026-06-30756K$133.5M0.05%+611K
AQR Capital Management2026-06-30413K$72.3M0.03%+259K
Point72 Asset Management2026-06-3049K$8.7M0.01%-53K
Two Sigma Investments2026-06-3028K$4.9M0.00%-455K
D. E. Shaw & Co.2026-06-3011K$1.9M0.00%-18K
Bridgewater Associates2026-06-306K$1.1M0.00%-8K

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) SBA COMMUNICATIONS CORP reported revenue of $51.4M, down 23.5% from the same quarter a year earlier, and net income of $198.8M (1.87 diluted EPS). In FY 2025 it generated $1.29B of operating cash flow and spent $497.8M on buybacks and $479.0M on dividends. As of 2026-06-30, cash was $327.1M against $12.73B of debt.

Cash
$327.1M
Debt
$12.73B
Equity
-$4.63B
Total assets
$11.74B
Shares outstanding
106,088,110

Quarterly, last 8 quarters

QuarterPeriod endRevenueNet incomeMarginDiluted EPS
Q2 20262026-06-30$51.4M$198.8M386.8%1.87
Q1 20262026-03-31$47.3M$184.8M390.9%1.74
Q4 20252025-12-31$719.6M$370.3M51.5%3.47
Q3 20252025-09-30$75.9M$236.8M312.0%2.20
Q2 20252025-06-30$67.2M$225.8M336.0%2.09
Q1 20252025-03-31$48.0M$220.7M459.5%2.04
Q4 20242024-12-31$693.7M$173.6M25.0%1.61
Q3 20242024-09-30$41.9M$258.5M617.1%2.40

Fiscal years, with buybacks and dividends

Fiscal yearEndsRevenueNet incomeOperating cash flowCapexBuybacksDividends
FY 20252025-12-31$244.5Mn/a$1.29B$224.8M$497.8M$479.0M
FY 20242024-12-31$152.9Mn/a$1.33B$228.1M$200.0M$424.2M
FY 20232023-12-31$194.6Mn/a$1.54B$236.7M$100.0M$370.0M
FY 20222022-12-31$296.9Mn/a$1.29B$214.4M$431.7M$306.8M
FY 20212021-12-31$204.7Mn/a$1.19B$133.7M$582.6M$253.6M

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 2026-07-28 from the cover page.

What this page is

SBA COMMUNICATIONS 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 SBA COMMUNICATIONS CORP (SBAC), SEC CIK 1034054, listed on Nasdaq, classified by the SEC as real estate investment trusts. 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 2026-08-13.JSON and CSV
Planned sales
SEC EDGAR Form 144EDGAR read every 30 minutes; a notice is filed on or before the sell order. Latest 2026-08-17.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 2026-08-17.JSON and CSV
Company record
EDGAR filing index for CIK 1034054Ticker, 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.

Datasets

Frequently Asked Questions

How much of SBAC is sold short?
3,165,263 shares were held short at the 2026-08-14 settlement, 2.7 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 SBAC's daily short volume?
On 2026-09-11, 255,296 of the 330,625 SBAC shares reported to FINRA were sold short, 77.2% of the day's reported volume. Short volume is a flow for one day, not a position.
Does SBAC have fails to deliver?
The SEC's latest file shows 108 SBAC shares failed to deliver at settlement 2026-08-13. Fails are reported per settlement date and published twice a month with a lag.
Are SBAC insiders buying or selling?
Insiders at SBAC reported 1 open-market sell worth $55K 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: Krouse George R Jr on 2026-08-17.
Have SBAC insiders filed to sell?
1 Form 144 notice on file for SBAC worth $55K at the prices reported; 1 in the last 90 days worth $55K. Latest: GEORGE R. KROUSE JR filed on 2026-08-17 to sell 300 shares ($55K) from 2026-08-17.
What did SBAC report last quarter?
In Q2 2026 (quarter ended 2026-06-30) SBA COMMUNICATIONS CORP reported revenue of $51.4M, down 23.5% from the same quarter a year earlier, and net income of $198.8M (1.87 diluted EPS). In FY 2025 it generated $1.29B of operating cash flow and spent $497.8M on buybacks and $479.0M on dividends. As of 2026-06-30, cash was $327.1M against $12.73B of debt.
Which funds hold SBAC?
7 of the 30 tracked managers held SBAC at their latest 13F, $466.5M in total at quarter-end prices. Citadel Advisors is the largest at $244.0M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 3 added shares and 4 cut.

Data on this page is provided for informational purposes only and is not financial advice. See our editorial policy.