First Trust Flexible Municipal High Income ETF (MFLX) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Flexible Municipal High Income ETF shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 300 shares of MFLX short. Learn More on First Trust Flexible Municipal High Income ETF's current short interest.

First Trust Flexible Municipal High Income ETF saw a decline in short interest in October. As of October 31st, there was short interest totaling 300 shares, a decline of 57.1% from the previous total of 700 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 First Trust Flexible Municipal High Income ETF: BlackRock Short-Term California Muni Bond ETF (0.57%), First Trust California Municipal High Income ETF (0.35%), First Trust Municipal High Income ETF (0.36%), and First Trust Managed Municipal ETF (0.39%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling MFLX is an investing strategy that aims to generate trading profit from First Trust Flexible Municipal High Income ETF as its price is falling. MFLX shares are trading up $0.01 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 First Trust Flexible Municipal 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 MFLX, 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 MFLX, twice per month. The most recent reporting period available is October, 31 2024.