GraniteShares 2x Long BABA Daily ETF (BABX) Short Interest Ratio & Short Volume

Short interest is the volume of GraniteShares 2x Long BABA Daily ETF shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 63,800 shares of BABX short. Learn More on GraniteShares 2x Long BABA Daily ETF's current short interest.

GraniteShares 2x Long BABA Daily ETF saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 63,800 shares, an increase of 76.2% from the previous total of 36,200 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 GraniteShares 2x Long BABA Daily ETF: GraniteShares 2x Long AMZN Daily ETF (6.33%), GraniteShares 2x Long MSFT Daily ETF (11.53%), Direxion Daily NVDA Bear 1X Shares (24.31%), Direxion Daily AAPL Bear 1X Shares (2.35%), GraniteShares 2x Long AAPL Daily ETF (5.68%), GraniteShares 2x Short TSLA Daily ETF (6.75%), Direxion Daily TSLA Bear 1X Shares (8.41%), Tradr 1.5X Short NVDA Daily ETF (24.63%), GraniteShares 1.25X Long TSLA Daily ETF (2.11%), Direxion Daily META Bull 2X Shares (19.64%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling BABX is an investing strategy that aims to generate trading profit from GraniteShares 2x Long BABA Daily ETF as its price is falling. BABX shares are trading down $0.82 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 GraniteShares 2x Long BABA Daily ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BABX, 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 BABX, twice per month. The most recent reporting period available is October, 31 2024.