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 closed out or covered. As of March 15th, traders have sold 57,100 shares of SPRX short. 2.97% of Spear Alpha ETF's shares are currently sold short. Learn More on Spear Alpha 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. SPRX shares currently have a short interest ratio of 1.0. Learn More on Spear Alpha ETF's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.97% of Spear Alpha ETF's floating shares are currently sold short.

Spear Alpha ETF saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 57,100 shares, a decrease of 25.1% from the previous total of 76,200 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.

2.97% of Spear Alpha ETF's shares are currently sold short. Here is how the short interest of companies compare to Spear Alpha ETF: First Trust Dow Jones International Internet ETF (8.56%), Democratic Large Cap Core ETF (0.96%), Siren Nasdaq NexGen Economy ETF (0.24%), Roundhill GLP-1 & Weight Loss ETF (0.13%), AOT Growth & Innovation ETF (0.04%), Sprott Energy Transition Materials ETF (0.92%), Global X Telemedicine & Digital Health ETF (0.12%), Guru Favorite Stocks ETF (0.05%), Fidelity Disruptive Medicine ETF (0.00%), First Trust S-Network Future Vehicles & Technology ETF (0.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($26.28 billion), iShares 20+ Year Treasury Bond ETF ($9.53 billion), MicroStrategy Incorporated ($8.50 billion), Apollo Global Management, Inc. ($4.86 billion), Super Micro Computer, Inc. ($4.85 billion), Charter Communications, Inc. ($4.28 billion), Capital One Financial Co. ($4.08 billion), AppLovin Co. ($3.82 billion), Canadian Natural Resources Limited ($3.78 billion), and Schlumberger Limited ($2.87 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 down $1.97 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 March, 15 2025.