Global X FinTech Thematic ETF (FINX) Short Interest Ratio & Short Volume

Short interest is the volume of Global X FinTech Thematic ETF shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 42,100 shares of FINX short. Learn More on Global X FinTech Thematic ETF's current short interest.

Global X FinTech Thematic ETF saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 42,100 shares, a drop of 19.5% from the previous total of 52,300 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Global X FinTech Thematic ETF: VictoryShares Core Plus Intermediate Bond ETF (0.17%), iShares MSCI Global Sustainable Development Goals ETF (0.00%), iShares USD Green Bond ETF (0.10%), Global X Internet of Things Thematic ETF (0.06%), VanEck Video Gaming and eSports ETF (0.19%), Sprott Junior Uranium Miners ETF (2.87%), First Trust Indxx NextG ETF (0.01%), WisdomTree China ex-State-Owned Enterprises Fund (0.45%), REX FANG & Innovation Equity Premium Income ETF (0.27%), Wahed FTSE USA Shariah ETF (0.36%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling FINX is an investing strategy that aims to generate trading profit from Global X FinTech Thematic ETF as its price is falling. FINX shares are trading up $0.04 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Global X FinTech Thematic ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FINX, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FINX, twice per month. The most recent reporting period available is April, 30 2024.