First Trust Bloomberg Shareholder Yield ETF (SHRY) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Bloomberg Shareholder Yield ETF shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 1,100 shares of SHRY short. Learn More on First Trust Bloomberg Shareholder Yield 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. SHRY shares currently have a short interest ratio of 1.0. Learn More on First Trust Bloomberg Shareholder Yield ETF's short interest ratio.

First Trust Bloomberg Shareholder Yield ETF saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,100 shares, a decrease of 15.4% from the previous total of 1,300 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 First Trust Bloomberg Shareholder Yield ETF: Amplify Cash Flow Dividend Leaders ETF (0.38%), iShares Long-Term U.S. Equity Active ETF (0.32%), Honeytree U.S. Equity ETF (0.04%), Themes US Cash Flow Champions ETF (1.25%), Themes Natural Monopoly ETF (0.20%), SGI Enhanced Global Income ETF (1.16%), Astoria US Quality Kings ETF (0.05%), Running Oak Efficient Growth ETF (0.27%), Bushido Capital US Equity ETF (0.03%), and JPMorgan Equity Focus ETF (0.59%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling SHRY is an investing strategy that aims to generate trading profit from First Trust Bloomberg Shareholder Yield ETF as its price is falling. SHRY shares are trading up $0.35 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 First Trust Bloomberg Shareholder Yield 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 SHRY, 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 SHRY, twice per month. The most recent reporting period available is August, 31 2024.