Free Trial

Global X Solar ETF (RAYS) Short Interest Ratio & Short Volume

Global X Solar ETF logo
$9.91 -0.02 (-0.20%)
(As of 11/21/2024 ET)

Global X Solar ETF Short Interest Data

Global X Solar ETF (RAYS) has a short interest of 9,500 shares. This marks a 295.83% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.4, indicating that it would take 1.4 days of the average trading volume of 8,600 shares to cover all short positions.

Current Short Interest
9,500 shares
Previous Short Interest
2,400 shares
Change Vs. Previous Month
+295.83%
Dollar Volume Sold Short
$105,355.00
Short Interest Ratio
1.4 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
650,000 shares
Percentage of Shares Shorted
1.46%
Today's Trading Volume
7,211 shares
Average Trading Volume
8,600 shares
Today's Volume Vs. Average
84%
Short Selling Global X Solar ETF?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Global X Solar ETF and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

RAYS Short Interest Over Time

RAYS Days to Cover Over Time

RAYS Percentage of Float Shorted Over Time

Global X Solar ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20249,500 shares $105,355.00 +295.8%N/A1.4 $11.09
10/15/20242,400 shares $24,072.00 +166.7%N/A0.4 $10.03
9/30/2024900 shares $10,260.00 -65.4%N/A0.1 $11.40
9/15/20242,600 shares $25,480.00 +23.8%N/A0.3 $9.80
8/31/20242,100 shares $21,252.00 -70.4%N/A0.2 $10.12
8/15/20247,100 shares $71,355.00 -22.8%N/A0.8 $10.05
7/31/20249,200 shares $94,852.00 -7.1%N/A0.9 $10.31
7/15/20249,900 shares $98,406.00 -58.9%N/A1.1 $9.94
6/30/202424,100 shares $231,360.00 +677.4%N/A3.1 $9.60
6/15/20243,100 shares $34,503.00 No ChangeN/A0.5 $11.13
5/31/20243,100 shares $36,735.00 -13.9%N/A0.6 $11.85
5/15/20243,600 shares $40,356.00 -50.0%N/A0.5 $11.21
4/30/20247,200 shares $78,120.00 -32.7%N/A0.8 $10.85
4/15/202410,700 shares $116,416.00 -15.1%N/A1 $10.88
3/31/202467,000 shares $788,590.00 +362.1%N/A0.5 $11.77
3/15/202414,500 shares $169,940.00 +101.4%N/A1.2 $11.72
2/29/20247,200 shares $83,592.00 -69.5%N/A0.5 $11.61
2/15/202423,600 shares $282,020.00 +2,850.0%N/A2.2 $11.95
1/31/2024800 shares $8,568.00 -50.0%N/A0.1 $10.71
1/15/20241,600 shares $19,520.00 -38.5%N/A0.3 $12.20
12/31/20232,600 shares $34,372.00 -71.7%N/A0.5 $13.22
12/15/20239,200 shares $113,804.00 +607.7%N/A2.1 $12.37
11/30/20231,300 shares $15,262.00 -18.8%N/A0.4 $11.74
11/15/20231,600 shares $19,952.00 -30.4%N/A0.2 $12.47
10/31/20232,300 shares $26,450.00 +76.9%N/A0.3 $11.50
10/15/20231,300 shares $16,744.00 +85.7%N/A0.2 $12.88
9/30/2023700 shares $9,450.00 -83.7%N/A0.1 $13.50
9/15/20234,300 shares $59,598.00 -54.7%N/A0.6 $13.86
8/31/20239,500 shares $141,930.00 +763.6%N/A1.3 $14.94
8/15/20231,100 shares $16,929.00 +83.3%N/A0.4 $15.39
7/31/2023600 shares $10,500.00 +20.0%N/A0.2 $17.50
7/15/2023500 shares $9,160.00 +400.0%N/A0.2 $18.32
6/30/2023100 shares $1,852.00 -85.7%N/A0 $18.52
6/15/2023700 shares $13,013.00 +16.7%N/A0.4 $18.59
5/31/2023600 shares $10,746.00 -33.3%N/A0.3 $17.91
5/15/2023900 shares $17,442.00 -18.2%N/A0.5 $19.38

RAYS Short Interest - Frequently Asked Questions

What is Global X Solar ETF's current short interest?

Short interest is the volume of Global X Solar ETF shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 9,500 shares of RAYS short. Learn More on Global X Solar ETF's current short interest.

What is a good short interest ratio for Global X Solar ETF?

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. RAYS shares currently have a short interest ratio of 1.0. Learn More on Global X Solar ETF's short interest ratio.

Is Global X Solar ETF's short interest increasing or decreasing?

Global X Solar ETF saw a increase in short interest in October. As of October 31st, there was short interest totaling 9,500 shares, an increase of 295.8% from the previous total of 2,400 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.

Which stocks are the most shorted right now?

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.

What does it mean to sell short Global X Solar ETF stock?

Short selling RAYS is an investing strategy that aims to generate trading profit from Global X Solar ETF as its price is falling. RAYS shares are trading down $0.02 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.

How does a short squeeze work against Global X Solar ETF?

A short squeeze for Global X Solar 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 RAYS, which in turn drives the price of the stock up even further.

How often is Global X Solar ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including RAYS, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:RAYS) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners