Nicholas Global Equity and Income ETF (GIAX) Short Interest Ratio & Short Volume

Short interest is the volume of Nicholas Global Equity and Income ETF shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 29,100 shares of GIAX short. 0.80% of Nicholas Global Equity and Income ETF's shares are currently sold short. Learn More on Nicholas Global Equity and Income 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. GIAX shares currently have a short interest ratio of 1.0. Learn More on Nicholas Global Equity and Income 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. 0.80% of Nicholas Global Equity and Income ETF's floating shares are currently sold short.

Nicholas Global Equity and Income ETF saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 29,100 shares, an increase of 131.0% from the previous total of 12,600 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.

0.80% of Nicholas Global Equity and Income ETF's shares are currently sold short. Here is how the short interest of companies compare to Nicholas Global Equity and Income ETF: First Trust Dorsey Wright Momentum & Low Volatility ETF (2.72%), First Trust Dorsey Wright Momentum & Dividend ETF (0.01%), American Century Short Duration Strategic Income ETF (0.71%), InfraCap Equity Income Fund ETF (1.00%), iShares MSCI New Zealand ETF (0.68%), Franklin FTSE Mexico ETF (1.26%), Columbia Short Duration Bond ETF (0.52%), Rayliant Quantamental Emerging Market Equity ETF (0.48%), Innovator IBD 50 ETF (4.07%), Goldman Sachs ActiveBeta Japan Equity ETF (0.14%),

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 GIAX is an investing strategy that aims to generate trading profit from Nicholas Global Equity and Income ETF as its price is falling. GIAX shares are trading up $0.13 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 Nicholas Global Equity and Income 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 GIAX, 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 GIAX, twice per month. The most recent reporting period available is August, 31 2025.