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 November 30th, investors have sold 25,900 shares of QQQT short. Learn More on Defiance Nasdaq 100 Income Target 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. QQQT shares currently have a short interest ratio of 1.0. Learn More on Defiance Nasdaq 100 Income Target ETF's short interest ratio.

Defiance Nasdaq 100 Income Target ETF saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 25,900 shares, an increase of 13.6% from the previous total of 22,800 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 Defiance Nasdaq 100 Income Target ETF: Western Asset Short Duration Income ETF (0.16%), Invesco Nasdaq Free Cash Flow Achievers ETF (0.20%), AdvisorShares Dorsey Wright ADR ETF (0.03%), First Trust RiverFront Dynamic Europe ETF (0.10%), First Trust RiverFront Dynamic Emerging Markets ETF (2.87%), First Trust IPOX Europe Equity Opportunities ETF (0.87%), First Trust Dorsey Wright Momentum & Value ETF (0.38%), First Trust High Income Strategic Focus ETF (0.03%), iShares MSCI UAE ETF (4.56%), First Trust Dorsey Wright Momentum & Low Volatility ETF (1.46%),

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 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 $0.04 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 increases 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 November, 30 2024.