Credit Suisse X-Links Silver Shares Covered Call ETN (SLVO) Short Interest Ratio & Short Volume

Short interest is the volume of Credit Suisse X-Links Silver Shares Covered Call ETN shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 57,100 shares of SLVO short. Learn More on Credit Suisse X-Links Silver Shares Covered Call ETN'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. SLVO shares currently have a short interest ratio of 2.0. Learn More on Credit Suisse X-Links Silver Shares Covered Call ETN's short interest ratio.

Credit Suisse X-Links Silver Shares Covered Call ETN saw a drop in short interest in October. As of October 31st, there was short interest totaling 57,100 shares, a drop of 2.4% from the previous total of 58,500 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 Credit Suisse X-Links Silver Shares Covered Call ETN: Credit Suisse X-Links Gold Shares Covered Call ETN (0.15%), Amplify Cash Flow High Income ETF (10.78%), Nasdaq 100 Covered Call & Growth ETF (0.39%), Goldman Sachs Nasdaq 100 Core Premium Income ETF (0.69%), Goldman Sachs S&P 500 Core Premium Income ETF (1.20%), NEOS Nasdaq 100 High Income ETF (0.37%), Global X Nasdaq 100 Covered Call ETF (0.51%), and JPMorgan Nasdaq Equity Premium Income ETF (0.38%).

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.

Short selling SLVO is an investing strategy that aims to generate trading profit from Credit Suisse X-Links Silver Shares Covered Call ETN as its price is falling. SLVO shares are trading up $0.50 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 Credit Suisse X-Links Silver Shares Covered Call ETN 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 SLVO, 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 SLVO, twice per month. The most recent reporting period available is October, 31 2024.