Invesco S&P SmallCap Financials ETF (PSCF) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco S&P SmallCap Financials ETF shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 4,200 shares of PSCF short. Learn More on Invesco S&P SmallCap Financials 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. PSCF shares currently have a short interest ratio of 1.0. Learn More on Invesco S&P SmallCap Financials ETF's short interest ratio.

Invesco S&P SmallCap Financials ETF saw a decline in short interest in October. As of October 31st, there was short interest totaling 4,200 shares, a decline of 12.5% from the previous total of 4,800 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 Financials ETF: Tuttle Capital Daily 2X Inverse Regional Banks ETF (9.97%), Themes Global Systemically Important Banks ETF (0.57%), Invesco KBW Regional Banking ETF (1.80%), First Trust Nasdaq Bank ETF (0.00%), First Trust NASDAQ ABA Community Bank Index Fund (0.41%), Invesco KBW High Dividend Yield Financial ETF (2.15%), Invesco KBW Property & Casualty Insurance ETF (0.72%), iShares MSCI Europe Financials ETF (0.36%), and Invesco KBW Bank ETF (4.58%).

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 PSCF is an investing strategy that aims to generate trading profit from Invesco S&P SmallCap Financials ETF as its price is falling. PSCF shares are trading down $0.14 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 Financials 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 PSCF, 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 PSCF, twice per month. The most recent reporting period available is October, 31 2024.