Pacer Trendpilot 100 ETF (PTNQ) Short Interest Ratio & Short Volume

Short interest is the volume of Pacer Trendpilot 100 ETF shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 42,600 shares of PTNQ short. Learn More on Pacer Trendpilot 100 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. PTNQ shares currently have a short interest ratio of 1.0. Learn More on Pacer Trendpilot 100 ETF's short interest ratio.

Pacer Trendpilot 100 ETF saw a increase in short interest during the month of November. As of November 30th, there was short interest totaling 42,600 shares, an increase of 769.4% from the previous total of 4,900 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 Pacer Trendpilot 100 ETF: First Trust Large Cap Core AlphaDEX Fund (0.10%), Direxion NASDAQ-100 Equal Weighted Index Shares (8.14%), First Trust Large Cap Value AlphaDEX Fund (0.21%), VictoryShares Free Cash Flow ETF (0.84%), First Trust Large Cap Growth AlphaDEX Fund (0.12%), iShares India 50 ETF (2.65%), First Trust Growth Strength ETF (0.16%), First Trust NASDAQ 100 Equal Weighted Index Fund (0.37%), iShares Asia 50 ETF (0.31%), AB Conservative Buffer ETF (0.04%),

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 PTNQ is an investing strategy that aims to generate trading profit from Pacer Trendpilot 100 ETF as its price is falling. PTNQ shares are trading up $0.34 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 Pacer Trendpilot 100 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 PTNQ, 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 PTNQ, twice per month. The most recent reporting period available is November, 30 2024.