JPMorgan U.S. Tech Leaders ETF (JTEK) Short Interest Ratio & Short Volume

Short interest is the volume of JPMorgan U.S. Tech Leaders ETF shares that have been sold short but have not yet been covered or closed out. As of August 15th, traders have sold 14,900 shares of JTEK short. Learn More on JPMorgan U.S. Tech Leaders ETF's current short interest.

JPMorgan U.S. Tech Leaders ETF saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 14,900 shares, a decrease of 24.0% from the previous total of 19,600 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 JPMorgan U.S. Tech Leaders ETF: Invesco PHLX Semiconductor ETF (2.36%), Invesco Dorsey Wright Technology Momentum ETF (0.23%), Invesco S&P SmallCap Information Technology ETF (2.19%), Xtrackers Semiconductor Select Equity ETF (0.18%), Themes Cloud Computing ETF (0.20%), First Trust Nasdaq Semiconductor ETF (0.11%), First Trust NASDAQ Technology Dividend Index Fund (0.15%), First Trust Cloud Computing ETF (0.61%), First Trust NASDAQ 100 Technology Index Fund (1.83%), iShares Semiconductor ETF (18.10%), and

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 JTEK is an investing strategy that aims to generate trading profit from JPMorgan U.S. Tech Leaders ETF as its price is falling. JTEK shares are trading down $1.98 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 JPMorgan U.S. Tech Leaders 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 JTEK, 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 JTEK, twice per month. The most recent reporting period available is August, 15 2024.