ProShares S&P 500 EX-Financials ETF (SPXN) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares S&P 500 EX-Financials ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 200 shares of SPXN short. Learn More on ProShares S&P 500 EX-Financials ETF's current short interest.

ProShares S&P 500 EX-Financials ETF saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 200 shares, a drop of 33.3% from the previous total of 300 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 S&P 500 EX-Financials ETF: BNY Mellon Emerging Markets Equity ETF (0.65%), Innovator Buffer Step-Up Strategy ETF (0.42%), Principal Quality ETF (0.16%), AllianzIM U.S. Large Cap Buffer10 Oct ETF (0.24%), iShares Large Cap Value Active ETF (0.56%), First Trust S&P 500 Diversified Dividend Aristocrats ETF (0.05%), Direxion Daily S&P 500 High Beta Bull 3X Shares (4.52%), Calamos S&P 500 Structured Alt Protection ETF - May (0.44%), AllianzIM U.S. Large Cap 6 Month Buffer10 Feb/Aug ETF (0.56%), ProShares UltraShort Dow30 (3.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Corporation ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling SPXN is an investing strategy that aims to generate trading profit from ProShares S&P 500 EX-Financials ETF as its price is falling. SPXN shares are trading down $1.02 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 S&P 500 EX-Financials 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 SPXN, 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 SPXN, twice per month. The most recent reporting period available is April, 30 2025.