First Trust NASDAQ BuyWrite Income ETF (FTQI) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust NASDAQ BuyWrite Income ETF shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 70,600 shares of FTQI short. Learn More on First Trust NASDAQ BuyWrite Income 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. FTQI shares currently have a short interest ratio of 1.0. Learn More on First Trust NASDAQ BuyWrite Income ETF's short interest ratio.

First Trust NASDAQ BuyWrite Income ETF saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 70,600 shares, a decline of 3.9% from the previous total of 73,500 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 First Trust NASDAQ BuyWrite Income ETF: T-Rex 2X Long Tesla Daily Target ETF (2.36%), GraniteShares 2x Long AMD Daily ETF (10.89%), GraniteShares 2x Long COIN Daily ETF (19.13%), Direxion Daily AMZN Bull 2X Shares (14.11%), Direxion Daily NVDA Bull 2X Shares (1.75%), Direxion Daily MSFT Bull 2X Shares (14.97%), GraniteShares 2x Long META Daily ETF (18.76%), Direxion Daily GOOGL Bull 2X Shares (8.90%), Direxion Daily AAPL Bull 2X Shares (10.91%), Tradr 2X Short TSLA Daily ETF (8.40%),

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 FTQI is an investing strategy that aims to generate trading profit from First Trust NASDAQ BuyWrite Income ETF as its price is falling. FTQI shares are trading down $0.27 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 NASDAQ BuyWrite Income 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 FTQI, 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 FTQI, twice per month. The most recent reporting period available is October, 31 2024.