VictoryShares US Value Momentum ETF (ULVM) Short Interest Ratio & Short Volume

Short interest is the volume of VictoryShares US Value Momentum ETF shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 12,200 shares of ULVM short. Learn More on VictoryShares US Value Momentum 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. ULVM shares currently have a short interest ratio of 9.0. Learn More on VictoryShares US Value Momentum ETF's short interest ratio.

VictoryShares US Value Momentum ETF saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 12,200 shares, a drop of 0.8% from the previous total of 12,300 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 VictoryShares US Value Momentum ETF: Alpha Architect International Quantitative Value ETF (0.08%), VictoryShares Emerging Markets Value Momentum ETF (0.03%), First Trust Multi Cap Value AlphaDEX Fund (0.01%), First Trust Japan AlphaDEX Fund (0.41%), First Trust Europe AlphaDEX Fund (0.29%), VictoryShares International Value Momentum ETF (0.05%), First Trust MultiCap Growth AlphaDEX Fund (0.08%), First Trust Switzerland AlphaDEX Fund (0.50%), Principal Value ETF (0.17%), First Trust United Kingdom AlphaDEX Fund (0.28%),

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 ULVM is an investing strategy that aims to generate trading profit from VictoryShares US Value Momentum ETF as its price is falling. ULVM shares are trading down $0.26 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 VictoryShares US Value Momentum ETF 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 ULVM, 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 ULVM, twice per month. The most recent reporting period available is October, 31 2024.