Western Asset Bond ETF (WABF) Short Interest Ratio & Short Volume

Short interest is the volume of Western Asset Bond ETF shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 25,700 shares of WABF short. Learn More on Western Asset Bond 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. WABF shares currently have a short interest ratio of 6.0. Learn More on Western Asset Bond ETF's short interest ratio.

Western Asset Bond ETF saw a decrease in short interest in January. As of January 31st, there was short interest totaling 25,700 shares, a decrease of 10.8% from the previous total of 28,800 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 Western Asset Bond ETF: IDX Dynamic Fixed Income ETF (0.23%), Nuveen Core Plus Bond ETF (0.42%), iShares Total Return Active ETF (0.21%), First Trust Emerging Markets Local Currency Bond ETF (0.07%), AB Core Plus Bond ETF (0.04%), TrueShares Active Yield ETF (0.06%), Dimensional Global Credit ETF (0.06%), Vanguard Long-Term Treasury Index ETF (0.63%), Vanguard Short-Term Treasury Index ETF (0.23%), and Vanguard Intermediate-Term Treasury Index ETF (0.13%).

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling WABF is an investing strategy that aims to generate trading profit from Western Asset Bond ETF as its price is falling. WABF shares are trading up $0.14 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 Western Asset Bond 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 WABF, 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 WABF, twice per month. The most recent reporting period available is January, 31 2025.