Spear Alpha ETF (SPRX) Short Interest Ratio & Short Volume

Short interest is the volume of Spear Alpha ETF shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 16,000 shares of SPRX short. Learn More on Spear Alpha ETF's current short interest.

Spear Alpha ETF saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 16,000 shares, an increase of 515.4% from the previous total of 2,600 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 Spear Alpha ETF: Fidelity Disruptive Communications ETF (1.99%), Fidelity Disruptive Medicine ETF (0.47%), Global X E-Commerce ETF (0.08%), Roundhill GLP-1 & Weight Loss ETF (2.51%), Tema Oncology ETF (0.09%), AOT Growth & Innovation ETF (0.02%), Invesco ESG NASDAQ 100 ETF (2.03%), Global X Aging Population ETF (0.07%), Tradr 2X Long Innovation ETF (6.24%), Global X Telemedicine & Digital Health ETF (7.30%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling SPRX is an investing strategy that aims to generate trading profit from Spear Alpha ETF as its price is falling. SPRX shares are trading up $0.19 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 Spear Alpha 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 SPRX, 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 SPRX, twice per month. The most recent reporting period available is October, 15 2024.