First Trust Growth Strength ETF (FTGS) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Growth Strength ETF shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 40,600 shares of FTGS short. Learn More on First Trust Growth Strength ETF's current short interest.

First Trust Growth Strength ETF saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 40,600 shares, an increase of 283.0% from the previous total of 10,600 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 First Trust Growth Strength ETF: iShares India 50 ETF (2.65%), iShares Asia 50 ETF (0.31%), AB Conservative Buffer ETF (0.04%), Invesco RAFI Strategic US ETF (0.64%), First Trust Large Cap Growth AlphaDEX Fund (0.12%), First Trust Large Cap Value AlphaDEX Fund (0.21%), Pacer US Large Cap Cash Cows Growth Leaders ETF (1.57%), Direxion NASDAQ-100 Equal Weighted Index Shares (8.14%), First Trust Large Cap Core AlphaDEX Fund (0.10%), ClearBridge Large Cap Growth ESG ETF (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling FTGS is an investing strategy that aims to generate trading profit from First Trust Growth Strength ETF as its price is falling. FTGS shares are trading up $0.34 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 First Trust Growth Strength 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 FTGS, 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 FTGS, twice per month. The most recent reporting period available is August, 31 2024.