Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco S&P SmallCap Consumer Discretionary ETF shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 2,000 shares of PSCD short. Learn More on Invesco S&P SmallCap Consumer Discretionary 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. PSCD shares currently have a short interest ratio of 3.0. Learn More on Invesco S&P SmallCap Consumer Discretionary ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Invesco S&P SmallCap Consumer Discretionary ETF: Garden State Investment Advisory Services LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Invesco S&P SmallCap Consumer Discretionary ETF saw a decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,000 shares, a decrease of 4.8% from the previous total of 2,100 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 Invesco S&P SmallCap Consumer Discretionary ETF: VanEck Gaming ETF (2.10%), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (0.37%), and VanEck Retail ETF (1.25%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling PSCD is an investing strategy that aims to generate trading profit from Invesco S&P SmallCap Consumer Discretionary ETF as its price is falling. PSCD shares are trading up $1.42 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 Invesco S&P SmallCap Consumer Discretionary 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 PSCD, 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 PSCD, twice per month. The most recent reporting period available is October, 15 2024.