Financial Select Sector SPDR Fund (XLF) Short Interest Ratio & Short Volume

Short interest is the volume of Financial Select Sector SPDR Fund shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 82,940,000 shares of XLF short. 8.28% of Financial Select Sector SPDR Fund's shares are currently sold short. Learn More on Financial Select Sector SPDR Fund'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. XLF shares currently have a short interest ratio of 2.0. Learn More on Financial Select Sector SPDR Fund's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Financial Select Sector SPDR Fund: Taconic Capital Advisors LP, Shay Capital LLC, Cubist Systematic Strategies LLC, BNP Paribas Financial Markets, Bank of America Corp DE, Armor Advisors L.L.C., Jane Street Group LLC, Rokos Capital Management LLP, Squarepoint Ops LLC, Qube Research & Technologies Ltd, Capula Management Ltd, Marshall Wace LLP, Walleye Capital LLC, Walleye Trading LLC, Bayview Asset Management LLC, Hsbc Holdings PLC, Capital Fund Management S.A., Warberg Asset Management LLC, Citigroup Inc., Marathon Trading Investment Management LLC, Allianz Asset Management GmbH, Twin Tree Management LP, IMC Chicago LLC, Mariner Investment Group LLC, AdvisorNet Financial Inc, Goldman Sachs Group Inc., Quaker Wealth Management LLC, and Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 8.28% of Financial Select Sector SPDR Fund's floating shares are currently sold short.

Financial Select Sector SPDR Fund saw a decline in short interest in July. As of July 31st, there was short interest totaling 82,940,000 shares, a decline of 14.2% from the previous total of 96,720,000 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.

8.28% of Financial Select Sector SPDR Fund's shares are currently sold short. Here is how the short interest of companies compare to Financial Select Sector SPDR Fund: Vanguard Financials ETF (0.07%), Invesco KBW Bank ETF (10.88%), iShares MSCI Europe Financials ETF (0.28%), iShares U.S. Financials ETF (2.03%), SPDR S&P Regional Banking ETF (93.93%), Direxion Daily Financial Bull 3X Shares (5.61%), Fidelity MSCI Financials Index ETF (0.29%), First Trust Financials AlphaDEX Fund (0.18%), iShares U.S. Financial Services ETF (0.26%), VanEck BDC Income ETF (0.76%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($70.87 billion), Invesco QQQ ($30.12 billion), iShares Russell 2000 ETF ($19.85 billion), iShares 20+ Year Treasury Bond ETF ($10.34 billion), MicroStrategy Incorporated ($8.98 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($7.61 billion), SPDR S&P Biotech ETF ($6.81 billion), Invesco S&P 500 Equal Weight ETF ($6.14 billion), Palo Alto Networks, Inc. ($5.97 billion), and Super Micro Computer, Inc. ($5.28 billion). View all of the most shorted stocks.

Short selling XLF is an investing strategy that aims to generate trading profit from Financial Select Sector SPDR Fund as its price is falling. XLF shares are trading down $0.55 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 Financial Select Sector SPDR Fund 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 XLF, 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 XLF, twice per month. The most recent reporting period available is July, 31 2025.