Magnificent Seven ETF (MAGS) Short Interest Ratio & Short Volume

Short interest is the volume of Magnificent Seven ETF shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 1,080,000 shares of MAGS short. Learn More on Magnificent Seven ETF's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Magnificent Seven ETF: Wolverine Trading LLC, Nomura Holdings Inc., Citadel Advisors LLC, Susquehanna International Group LLP, Aristides Capital LLC, Belvedere Trading LLC, and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Magnificent Seven ETF saw a decline in short interest in January. As of January 31st, there was short interest totaling 1,080,000 shares, a decline of 6.1% from the previous total of 1,150,000 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 Magnificent Seven ETF: First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (0.30%), iShares Climate Conscious & Transition MSCI USA ETF (0.00%), iShares Paris-Aligned Climate MSCI USA ETF (0.08%), iShares Global Clean Energy ETF (5.29%), Global X Robotics & Artificial Intelligence Thematic ETF (1.08%), iShares ESG Advanced MSCI USA ETF (0.27%), iShares ESG MSCI USA Leaders ETF (0.20%), Global X Cybersecurity ETF (1.07%), Global X S&P 500 Catholic Values ETF (0.23%), Global X Future Analytics Tech ETF (1.77%),

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 MAGS is an investing strategy that aims to generate trading profit from Magnificent Seven ETF as its price is falling. MAGS shares are trading down $1.38 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 Magnificent Seven 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 MAGS, 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 MAGS, twice per month. The most recent reporting period available is January, 31 2025.