Global X Blockchain ETF (BKCH) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Blockchain ETF shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 49,500 shares of BKCH short. Learn More on Global X Blockchain ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. BKCH shares currently have a short interest ratio of 1.0. Learn More on Global X Blockchain ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Global X Blockchain ETF: Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Global X Blockchain ETF saw a drop in short interest in the month of November. As of November 30th, there was short interest totaling 49,500 shares, a drop of 38.0% from the previous total of 79,800 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 Blockchain ETF: VanEck Digital Transformation ETF (2.69%), Global X Internet of Things Thematic ETF (0.16%), Valkyrie Bitcoin Miners ETF (2.97%), Fidelity Crypto Industry and Digital Payments ETF (3.38%), Fidelity Disruptive Technology ETF (1.49%), REX AI Equity Premium Income ETF (5.65%), Sprott Junior Uranium Miners ETF (3.47%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.80%), VanEck Video Gaming and eSports ETF (0.28%), Global X Data Center & Digital Infrastructure ETF (1.95%),

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 BKCH is an investing strategy that aims to generate trading profit from Global X Blockchain ETF as its price is falling. BKCH shares are trading up $0.69 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 Blockchain 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 BKCH, 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 BKCH, twice per month. The most recent reporting period available is November, 30 2024.