ProShares Nasdaq-100 High Income ETF (IQQQ) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares Nasdaq-100 High Income ETF shares that have been sold short but have not yet been closed out or covered. As of August 15th, investors have sold 13,600 shares of IQQQ short. Learn More on ProShares Nasdaq-100 High 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. IQQQ shares currently have a short interest ratio of 1.0. Learn More on ProShares Nasdaq-100 High Income ETF's short interest ratio.

ProShares Nasdaq-100 High Income ETF saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 13,600 shares, an increase of 142.9% from the previous total of 5,600 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 ProShares Nasdaq-100 High Income ETF: Global X Dax Germany ETF (1.09%), ALPS Level Four Large Cap Growth Active ETF (0.03%), Principal Quality ETF (0.09%), First Trust S&P 500 Diversified Dividend Aristocrats ETF (1.08%), VictoryShares Developed Enhanced Volatility Wtd ETF (0.01%), AdvisorShares Dorsey Wright FSM US Core ETF (0.00%), BrandywineGLOBALDynamic US Large Cap Value ETF (0.01%), Global X NASDAQ 100 Risk Managed Income ETF (2.15%), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (0.19%), AdvisorShares Dorsey Wright Short ETF (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling IQQQ is an investing strategy that aims to generate trading profit from ProShares Nasdaq-100 High Income ETF as its price is falling. IQQQ shares are trading down $0.94 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 ProShares Nasdaq-100 High Income 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 IQQQ, 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 IQQQ, twice per month. The most recent reporting period available is August, 15 2024.