VanEck Semiconductor ETF (SMH) Short Interest Ratio & Short Volume

Short interest is the volume of VanEck Semiconductor ETF shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 8,480,000 shares of SMH short. Learn More on VanEck Semiconductor 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. SMH shares currently have a short interest ratio of 1.0. Learn More on VanEck Semiconductor ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of VanEck Semiconductor ETF: Toronto Dominion Bank, CTC LLC, Wolverine Trading LLC, Squarepoint Ops LLC, Two Sigma Investments LP, Summit Partners Public Asset Management LLC, Symmetry Peak Management LLC, Royal Bank of Canada, Polar Asset Management Partners Inc., Man Group plc, Nomura Holdings Inc., Maven Securities LTD, Millennium Management LLC, Hudson Bay Capital Management LP, Eisler Capital Management Ltd., Cubist Systematic Strategies LLC, Citadel Advisors LLC, Balyasny Asset Management L.P., Baker Avenue Asset Management LP, Bank of America Corp DE, BNP Paribas Financial Markets, Alphadyne Asset Management LP, Jane Street Group LLC, Apollo Management Holdings L.P., Lido Advisors LLC, Optiver Holding B.V., Tudor Investment Corp ET AL, Boothbay Fund Management LLC, Parallax Volatility Advisers L.P., Two Sigma Securities LLC, Dauntless Investment Group LLC, MGO One Seven LLC, Susquehanna International Group LLP, HAP Trading LLC, Marshall Wace LLP, PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Barclays PLC, Capital Fund Management S.A., Bank of Montreal Can, Wells Fargo & Company MN, OLD Mission Capital LLC, National Bank of Canada FI, Wellington Management Group LLP, Banco BTG Pactual S.A., Mirae Asset Securities USA Inc., Twin Tree Management LP, HighTower Advisors LLC, Marathon Trading Investment Management LLC, Private Advisor Group LLC, Capital Performance Advisors LLP, Belvedere Trading LLC, Valeo Financial Advisors LLC, Avestar Capital LLC, CenterStar Asset Management LLC, Secure Asset Management LLC, and Capital CS Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

VanEck Semiconductor ETF saw a drop in short interest in the month of January. As of January 31st, there was short interest totaling 8,480,000 shares, a drop of 23.0% from the previous total of 11,020,000 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 VanEck Semiconductor ETF: iShares Semiconductor ETF (15.22%), First Trust Cloud Computing ETF (0.59%), First Trust NASDAQ 100 Technology Index Fund (1.81%), First Trust NASDAQ Technology Dividend Index Fund (0.10%), JPMorgan U.S. Tech Leaders ETF (0.09%), Invesco Dorsey Wright Technology Momentum ETF (1.60%), Invesco PHLX Semiconductor ETF (0.95%), First Trust Nasdaq Semiconductor ETF (12.58%), Invesco S&P SmallCap Information Technology ETF (2.35%), and Xtrackers Semiconductor Select Equity ETF (1.66%).

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling SMH is an investing strategy that aims to generate trading profit from VanEck Semiconductor ETF as its price is falling. SMH shares are trading down $7.84 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 VanEck Semiconductor 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 SMH, 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 SMH, twice per month. The most recent reporting period available is January, 31 2025.