Sprott Nickel Miners ETF (NIKL) Short Interest Ratio & Short Volume

Short interest is the volume of Sprott Nickel Miners ETF shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 19,300 shares of NIKL short. 1.71% of Sprott Nickel Miners ETF's shares are currently sold short. Learn More on Sprott Nickel Miners 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. NIKL shares currently have a short interest ratio of 1.0. Learn More on Sprott Nickel Miners ETF's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.71% of Sprott Nickel Miners ETF's floating shares are currently sold short.

Sprott Nickel Miners ETF saw a increase in short interest in March. As of March 31st, there was short interest totaling 19,300 shares, an increase of 56.9% from the previous total of 12,300 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.

1.71% of Sprott Nickel Miners ETF's shares are currently sold short. Here is how the short interest of companies compare to Sprott Nickel Miners ETF: Sprott Lithium Miners ETF (0.17%), VanEck Robotics ETF (0.47%), Sprott Junior Copper Miners ETF (0.84%), Enact Holdings, Inc. (5.54%), Global X Thematic Growth ETF (2.38%), ProShares Equities For Rising Rates ETF (1.58%), IDX Dynamic Innovation ETF (0.04%), Global X Clean Water ETF (0.53%), Tema Neuroscience and Mental Health ETF (0.02%), iShares Transition-Enabling Metals ETF (0.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.93 billion), iShares 20+ Year Treasury Bond ETF ($9.31 billion), Strategy Incorporated ($8.42 billion), Charter Communications, Inc. ($4.52 billion), Apollo Global Management, Inc. ($4.26 billion), Super Micro Computer, Inc. ($3.98 billion), Capital One Financial Co. ($3.79 billion), TC Energy Co. ($3.43 billion), AppLovin Co. ($2.91 billion), and Schlumberger Limited ($2.89 billion). View all of the most shorted stocks.

Short selling NIKL is an investing strategy that aims to generate trading profit from Sprott Nickel Miners ETF as its price is falling. NIKL shares are trading up $0.06 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 Sprott Nickel Miners 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 NIKL, 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 NIKL, twice per month. The most recent reporting period available is March, 31 2025.