Defiance Nasdaq 100 Income Target ETF (QQQT) Short Interest Ratio & Short Volume

Short interest is the volume of Defiance Nasdaq 100 Income Target ETF shares that have been sold short but have not yet been covered or closed out. As of August 15th, traders have sold 11,800 shares of QQQT short. Learn More on Defiance Nasdaq 100 Income Target ETF's current short interest.

Defiance Nasdaq 100 Income Target ETF saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 11,800 shares, an increase of 76.1% from the previous total of 6,700 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 Defiance Nasdaq 100 Income Target ETF: Western Asset Short Duration Income ETF (0.15%), Invesco Nasdaq Free Cash Flow Achievers ETF (2.86%), First Trust RiverFront Dynamic Europe ETF (0.10%), First Trust IPOX Europe Equity Opportunities ETF (0.73%), AdvisorShares Dorsey Wright ADR ETF (0.02%), First Trust RiverFront Dynamic Emerging Markets ETF (0.69%), First Trust Dorsey Wright Momentum & Value ETF (0.08%), iShares MSCI UAE ETF (1.23%), First Trust High Income Strategic Focus ETF (0.18%), First Trust Dorsey Wright Momentum & Low Volatility ETF (1.51%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling QQQT is an investing strategy that aims to generate trading profit from Defiance Nasdaq 100 Income Target ETF as its price is falling. QQQT shares are trading down $0.44 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 Defiance Nasdaq 100 Income Target 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 QQQT, 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 QQQT, twice per month. The most recent reporting period available is August, 15 2024.