VictoryShares WestEnd US Sector ETF (MODL) Short Interest Ratio & Short Volume

Short interest is the volume of VictoryShares WestEnd US Sector ETF shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 16,800 shares of MODL short. Learn More on VictoryShares WestEnd US Sector 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. MODL shares currently have a short interest ratio of 1.0. Learn More on VictoryShares WestEnd US Sector ETF's short interest ratio.

VictoryShares WestEnd US Sector ETF saw a decrease in short interest during the month of November. As of November 30th, there was short interest totaling 16,800 shares, a decrease of 98.0% from the previous total of 819,700 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 VictoryShares WestEnd US Sector ETF: First Trust Dorsey Wright International Focus 5 ETF (0.01%), Invesco DWA Developed Markets Momentum ETF (3.67%), First Trust International IPO ETF (0.33%), Invesco DWA Emerging Markets Momentum ETF (0.03%), First Trust DorseyWright DALI 1 ETF (0.00%), Invesco International BuyBack Achievers ETF (0.72%), SGI Dynamic Tactical ETF (0.04%), Alpha Architect Value Momentum Trend ETF (0.28%), Invesco BuyBack Achievers ETF (0.13%), Invesco Dorsey Wright Momentum ETF (0.12%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling MODL is an investing strategy that aims to generate trading profit from VictoryShares WestEnd US Sector ETF as its price is falling. MODL shares are trading up $0.45 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 VictoryShares WestEnd US Sector 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 MODL, 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 MODL, twice per month. The most recent reporting period available is November, 30 2024.