Simplify U.S. Equity PLUS GBTC ETF (SPBC) Short Interest Ratio & Short Volume

Short interest is the volume of Simplify U.S. Equity PLUS GBTC ETF shares that have been sold short but have not yet been covered or closed out. As of June 15th, investors have sold 22,600 shares of SPBC short. Learn More on Simplify U.S. Equity PLUS GBTC 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. SPBC shares currently have a short interest ratio of 2.0. Learn More on Simplify U.S. Equity PLUS GBTC ETF's short interest ratio.

Simplify U.S. Equity PLUS GBTC ETF saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 22,600 shares, a decline of 31.1% from the previous total of 32,800 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 Simplify U.S. Equity PLUS GBTC ETF: First Trust Income Opportunities ETF (1.13%), Global X Alternative Income ETF (0.38%), Flexshares Real Assets Allocation Index Fund (0.09%), Cabana Target Leading Sector Moderate ETF (0.04%), and iShares GSCI Commodity Dynamic Roll Strategy ETF (0.71%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling SPBC is an investing strategy that aims to generate trading profit from Simplify U.S. Equity PLUS GBTC ETF as its price is falling. SPBC shares are trading up $1.30 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 Simplify U.S. Equity PLUS GBTC 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 SPBC, 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 SPBC, twice per month. The most recent reporting period available is June, 15 2024.