Wahed FTSE USA Shariah ETF (HLAL) Short Interest Ratio & Short Volume

Short interest is the volume of Wahed FTSE USA Shariah ETF shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 32,900 shares of HLAL short. Learn More on Wahed FTSE USA Shariah ETF's current short interest.

Wahed FTSE USA Shariah ETF saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 32,900 shares, a decrease of 30.0% from the previous total of 47,000 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 Wahed FTSE USA Shariah ETF: VictoryShares Core Plus Intermediate Bond ETF (0.82%), First Trust NASDAQ Clean Edge Green Energy Index Fund (0.78%), Invesco NASDAQ Next Gen 100 ETF (0.47%), Global X Conscious Companies ETF (0.00%), First Trust Nasdaq Artificial Intelligence and Robotics ETF (0.33%), WisdomTree China ex-State-Owned Enterprises Fund (1.70%), WisdomTree Cloud Computing Fund (3.77%), REX FANG & Innovation Equity Premium Income ETF (1.16%), iShares USD Green Bond ETF (0.15%), First Trust Indxx NextG ETF (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling HLAL is an investing strategy that aims to generate trading profit from Wahed FTSE USA Shariah ETF as its price is falling. HLAL shares are trading up $0.16 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 Wahed FTSE USA Shariah 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 HLAL, 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 HLAL, twice per month. The most recent reporting period available is October, 15 2024.