Thrivent Small-Mid Cap Equity ETF (TSME) Short Interest Ratio & Short Volume

Short interest is the volume of Thrivent Small-Mid Cap Equity ETF shares that have been sold short but have not yet been covered or closed out. As of June 30th, traders have sold 27,340,000 shares of TSME short. 0.53% of Thrivent Small-Mid Cap Equity ETF's shares are currently sold short. Learn More on Thrivent Small-Mid Cap Equity 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. TSME shares currently have a short interest ratio of 2.0. Learn More on Thrivent Small-Mid Cap Equity 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. 0.53% of Thrivent Small-Mid Cap Equity ETF's floating shares are currently sold short.

Thrivent Small-Mid Cap Equity ETF saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 27,340,000 shares, an increase of 1,051,438.5% from the previous total of 2,600 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.

0.53% of Thrivent Small-Mid Cap Equity ETF's shares are currently sold short. Here is how the short interest of companies compare to Thrivent Small-Mid Cap Equity ETF: Invesco AI and Next Gen Software ETF (0.65%), REX FANG & Innovation Equity Premium Income ETF (0.64%), MicroSectors FANG+ Index 2X Leveraged ETN (1.55%), MicroSectors FANG+ ETN (3.82%), First Trust Nasdaq Artificial Intelligence and Robotics ETF (1.07%), iShares U.S. Tech Breakthrough Multisector ETF (0.11%), WisdomTree China ex-State-Owned Enterprises Fund (0.04%), First Trust NASDAQ Clean Edge Green Energy Index Fund (1.10%), Dimensional Emerging Markets Sustainability Core 1 ETF (0.36%), SPDR S&P Global Infrastructure ETF (2.73%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($72.10 billion), Invesco QQQ ($26.89 billion), iShares Russell 2000 ETF ($19.61 billion), MicroStrategy Incorporated ($9.52 billion), iShares 20+ Year Treasury Bond ETF ($8.70 billion), WD-40 Company ($7.66 billion), Technology Select Sector SPDR Fund ($6.10 billion), Invesco S&P 500 Equal Weight ETF ($5.80 billion), Invesco S&P 500 Top 50 ETF ($5.53 billion), and Vanguard Large-Cap ETF ($5.35 billion). View all of the most shorted stocks.

Short selling TSME is an investing strategy that aims to generate trading profit from Thrivent Small-Mid Cap Equity ETF as its price is falling. TSME shares are trading down $0.29 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 Thrivent Small-Mid Cap Equity 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 TSME, 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 TSME, twice per month. The most recent reporting period available is June, 30 2025.