Cabana Target Leading Sector Moderate ETF (CLSM) Short Interest Ratio & Short Volume

Short interest is the volume of Cabana Target Leading Sector Moderate ETF shares that have been sold short but have not yet been closed out or covered. As of November 30th, traders have sold 2,700 shares of CLSM short. Learn More on Cabana Target Leading Sector Moderate ETF's current short interest.

Cabana Target Leading Sector Moderate ETF saw a decline in short interest in the month of November. As of November 30th, there was short interest totaling 2,700 shares, a decline of 22.9% from the previous total of 3,500 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 Cabana Target Leading Sector Moderate ETF: Cabana Target Drawdown 10 ETF (0.00%), First Trust Income Opportunities ETF (0.69%), Global X Alternative Income ETF (0.13%), Flexshares Real Assets Allocation Index Fund (0.12%), and iShares GSCI Commodity Dynamic Roll Strategy ETF (0.60%).

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 CLSM is an investing strategy that aims to generate trading profit from Cabana Target Leading Sector Moderate ETF as its price is falling. CLSM shares are trading up $0.21 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 Cabana Target Leading Sector Moderate 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 CLSM, 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 CLSM, twice per month. The most recent reporting period available is November, 30 2024.