First Trust Dow Jones International Internet ETF (FDNI) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Dow Jones International Internet ETF shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 1,600 shares of FDNI short. Learn More on First Trust Dow Jones International Internet ETF's current short interest.

First Trust Dow Jones International Internet ETF saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,600 shares, a decrease of 36.0% from the previous total of 2,500 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 First Trust Dow Jones International Internet ETF: Carbon Collective Climate Solutions U.S. Equity ETF (0.50%), Guru Favorite Stocks ETF (0.01%), Global X Blockchain & Bitcoin Strategy ETF (1.10%), Procure Space ETF (0.08%), Martin Currie Sustainable International Equity ETF (0.02%), Democratic Large Cap Core ETF (1.21%), iShares ESG MSCI EM Leaders ETF (0.01%), IDX Dynamic Innovation ETF (0.01%), Global X Thematic Growth ETF (0.06%), First Trust S-Network Future Vehicles & Technology ETF (0.25%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling FDNI is an investing strategy that aims to generate trading profit from First Trust Dow Jones International Internet ETF as its price is falling. FDNI shares are trading down $0.23 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 First Trust Dow Jones International Internet 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 FDNI, 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 FDNI, twice per month. The most recent reporting period available is May, 15 2024.