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 covered or closed out. As of November 30th, investors have sold 125,800 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 in November. As of November 30th, there was short interest totaling 125,800 shares, an increase of 28.1% from the previous total of 98,200 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 Short TSLA Daily ETF (21.59%), Direxion Daily TSLA Bear 1X Shares (9.57%), Direxion Daily META Bull 2X Shares (2.99%), Tradr 1.5X Short NVDA Daily ETF (19.20%), GraniteShares 2x Long AMZN Daily ETF (1.84%), Direxion Daily NVDA Bear 1X Shares (9.23%), GraniteShares 1.25X Long TSLA Daily ETF (0.97%), GraniteShares 2x Long AAPL Daily ETF (3.67%), GraniteShares 2x Long MSFT Daily ETF (0.24%), Direxion Daily AAPL Bear 1X Shares (10.81%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 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 $0.87 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 appreciates 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 November, 30 2024.