Defiance Oil Enhanced Options Income ETF (USOY) Short Interest Ratio & Short Volume

Short interest is the volume of Defiance Oil Enhanced Options Income ETF shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 1,300 shares of USOY short. Learn More on Defiance Oil Enhanced Options Income ETF's current short interest.

Defiance Oil Enhanced Options Income ETF saw a drop in short interest in October. As of October 15th, there was short interest totaling 1,300 shares, a drop of 94.9% from the previous total of 25,600 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.

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 USOY is an investing strategy that aims to generate trading profit from Defiance Oil Enhanced Options Income ETF as its price is falling. 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 Defiance Oil Enhanced Options Income 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 USOY, 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 USOY, twice per month. The most recent reporting period available is October, 15 2024.