AltShares Event-Driven ETF (EVNT) Short Interest Ratio & Short Volume

Short interest is the volume of AltShares Event-Driven ETF shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 22,200 shares of EVNT short. 4.72% of AltShares Event-Driven ETF's shares are currently sold short. Learn More on AltShares Event-Driven 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. EVNT shares currently have a short interest ratio of 5.0. Learn More on AltShares Event-Driven ETF's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 4.72% of AltShares Event-Driven ETF's floating shares are currently sold short.

AltShares Event-Driven ETF saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 22,200 shares, an increase of 208.3% from the previous total of 7,200 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.

4.72% of AltShares Event-Driven ETF's shares are currently sold short. Here is how the short interest of companies compare to AltShares Event-Driven ETF: FlexShares Real Assets Allocation Index Fund (0.05%), ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (0.02%), iShares LifePath Target Date 2070 ETF (1.21%), ATAC US Rotation ETF (1.08%), iShares LifePath Target Date 2065 ETF (0.69%), RH Tactical Rotation ETF (0.17%), iShares LifePath Target Date 2060 ETF (1.23%), Calamos CEF Income & Arbitrage ETF (0.63%), iShares LifePath Target Date 2055 ETF (1.30%), Leatherback Long/Short Alternative Yield ETF (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($73.23 billion), Invesco QQQ ($29.52 billion), iShares Russell 2000 ETF ($20.82 billion), iShares 20+ Year Treasury Bond ETF ($10.76 billion), Palo Alto Networks, Inc. ($9.37 billion), Strategy Inc ($7.58 billion), Invesco S&P 500 Equal Weight ETF ($6.78 billion), SPDR S&P Biotech ETF ($6.72 billion), AppLovin Corporation ($6.37 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($6.29 billion). View all of the most shorted stocks.

Short selling EVNT is an investing strategy that aims to generate trading profit from AltShares Event-Driven ETF as its price is falling. EVNT shares are trading down $0.03 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 AltShares Event-Driven 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 EVNT, 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 EVNT, twice per month. The most recent reporting period available is August, 31 2025.