Valkyrie Bitcoin Miners ETF (WGMI) Short Interest Ratio & Short Volume

Short interest is the volume of Valkyrie Bitcoin Miners ETF shares that have been sold short but have not yet been closed out or covered. As of November 30th, traders have sold 214,400 shares of WGMI short. Learn More on Valkyrie Bitcoin Miners ETF's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Valkyrie Bitcoin Miners ETF: K2 Principal Fund L.P., Wolverine Trading LLC, Quarry LP, and Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Valkyrie Bitcoin Miners ETF saw a drop in short interest in November. As of November 30th, there was short interest totaling 214,400 shares, a drop of 3.2% from the previous total of 221,500 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 Valkyrie Bitcoin Miners ETF: Global X Internet of Things Thematic ETF (0.16%), Sprott Junior Uranium Miners ETF (3.47%), VanEck Digital Transformation ETF (2.69%), VanEck Video Gaming and eSports ETF (0.28%), Fidelity Crypto Industry and Digital Payments ETF (3.38%), Fidelity Disruptive Technology ETF (1.49%), REX AI Equity Premium Income ETF (5.65%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.80%), Global X Data Center & Digital Infrastructure ETF (1.95%), Global X FinTech Thematic ETF (1.88%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling WGMI is an investing strategy that aims to generate trading profit from Valkyrie Bitcoin Miners ETF as its price is falling. WGMI shares are trading down $1.98 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 Valkyrie Bitcoin Miners 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 WGMI, 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 WGMI, twice per month. The most recent reporting period available is November, 30 2024.