Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) Short Interest Ratio & Short Volume

Short interest is the volume of Roundhill Daily Inverse Magnificent Seven ETF shares that have been sold short but have not yet been covered or closed out. As of August 15th, traders have sold 100 shares of MAGQ short. Learn More on Roundhill Daily Inverse Magnificent Seven ETF's current short interest.

Roundhill Daily Inverse Magnificent Seven ETF saw a decline in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, a decline of 90.0% from the previous total of 1,000 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 Roundhill Daily Inverse Magnificent Seven ETF: Themes US R&D Champions ETF (1.50%), Pacer BlueStar Digital Entertainment ETF (0.75%), Pacer BlueStar Engineering the Future ETF (1.25%), Themes Robotics & Automation ETF (3.50%), Themes Cybersecurity ETF (1.67%), VanEck Green Infrastructure ETF (73.50%), Global X Wind Energy ETF (0.22%), First Trust Nasdaq Lux Digital Health Solutions ETF (2.53%), SPDR MSCI USA Climate Paris Aligned ETF (0.25%), Procure Disaster Recovery Strategy ETF (3.13%),

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 MAGQ is an investing strategy that aims to generate trading profit from Roundhill Daily Inverse Magnificent Seven ETF as its price is falling. MAGQ shares are trading up $0.92 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 Roundhill Daily Inverse Magnificent Seven 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 MAGQ, 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 MAGQ, twice per month. The most recent reporting period available is August, 15 2024.