ProShares Bitcoin ETF (BITO) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares Bitcoin ETF shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 16,540,000 shares of BITO short. Learn More on ProShares Bitcoin 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. BITO shares currently have a short interest ratio of 2.0. Learn More on ProShares Bitcoin ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of ProShares Bitcoin ETF: Belvedere Trading LLC, Quaker Wealth Management LLC, Bluefin Capital Management LLC, Jane Street Group LLC, Parallax Volatility Advisers L.P., CMT Capital Markets Trading GmbH, DRW Securities LLC, Jane Street Group LLC, and Walleye Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

ProShares Bitcoin ETF saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 16,540,000 shares, a decline of 8.4% from the previous total of 18,060,000 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 ProShares Bitcoin ETF: Bitwise Bitcoin ETF (0.07%), ProShares Ultra Bitcoin ETF (4.06%), CoinShares Valkyrie Bitcoin Fund (1.73%), Ultra Ether ETF (2.69%), ProShares Ether ETF (19.81%), ProShares Short Bitcoin ETF (9.56%), ProShares Ultra Short Bitcoin ETF (9.62%), Simplify Bitcoin Strategy PLUS Income ETF (0.55%), UltraShort Ether ETF (0.53%), Valkyrie Bitcoin Strategy ETF (4.54%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling BITO is an investing strategy that aims to generate trading profit from ProShares Bitcoin ETF as its price is falling. BITO shares are trading down $0.23 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 ProShares Bitcoin 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 BITO, 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 BITO, twice per month. The most recent reporting period available is July, 15 2025.