First Trust High Income Strategic Focus ETF (HISF) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust High Income Strategic Focus ETF shares that have been sold short but have not yet been closed out or covered. As of January 31st, traders have sold 4,500 shares of HISF short. Learn More on First Trust High Income Strategic Focus 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. HISF shares currently have a short interest ratio of 1.0. Learn More on First Trust High Income Strategic Focus ETF's short interest ratio.

First Trust High Income Strategic Focus ETF saw a increase in short interest in January. As of January 31st, there was short interest totaling 4,500 shares, an increase of 104.5% from the previous total of 2,200 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 First Trust High Income Strategic Focus ETF: WisdomTree Target Range Fund (0.47%), First Trust Dorsey Wright Momentum & Value ETF (0.98%), First Trust RiverFront Dynamic Emerging Markets ETF (1.78%), iShares MSCI Qatar ETF (0.45%), Defiance Nasdaq 100 Income Target ETF (1.10%), iShares MSCI UAE ETF (3.61%), Invesco Nasdaq Free Cash Flow Achievers ETF (0.93%), Western Asset Short Duration Income ETF (0.18%), American Century Short Duration Strategic Income ETF (0.76%), iShares MSCI New Zealand ETF (0.54%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling HISF is an investing strategy that aims to generate trading profit from First Trust High Income Strategic Focus ETF as its price is falling. HISF shares are trading down $0.02 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 High Income Strategic Focus 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 HISF, 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 HISF, twice per month. The most recent reporting period available is January, 31 2025.