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 covered or closed out. As of December 31st, investors have sold 341,900 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 decrease in short interest during the month of December. As of December 31st, there was short interest totaling 341,900 shares, a decrease of 5.2% from the previous total of 360,700 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: VanEck Digital Transformation ETF (1.68%), REX AI Equity Premium Income ETF (0.02%), Fidelity Crypto Industry and Digital Payments ETF (0.38%), Global X Internet of Things Thematic ETF (0.13%), Fidelity Disruptive Technology ETF (1.68%), Global X Data Center & Digital Infrastructure ETF (1.66%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.36%), Sprott Junior Uranium Miners ETF (3.56%), VanEck Video Gaming and eSports ETF (0.41%), Global X Millennial Consumer ETF (0.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 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 up $0.77 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 increases 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 December, 31 2024.