Global X S&P 500 Catholic Values ETF (CATH) Short Interest Ratio & Short Volume

Short interest is the volume of Global X S&P 500 Catholic Values ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 30,200 shares of CATH short. Learn More on Global X S&P 500 Catholic Values 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. CATH shares currently have a short interest ratio of 1.0. Learn More on Global X S&P 500 Catholic Values ETF's short interest ratio.

Global X S&P 500 Catholic Values ETF saw a increase in short interest in April. As of April 30th, there was short interest totaling 30,200 shares, an increase of 2,057.1% from the previous total of 1,400 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 Global X S&P 500 Catholic Values ETF: Global X Cybersecurity ETF (1.03%), First Trust NASDAQ Clean Edge Green Energy Index Fund (0.72%), Invesco NASDAQ Next Gen 100 ETF (0.22%), iShares ESG Advanced MSCI USA ETF (0.27%), iShares ESG Advanced MSCI EAFE ETF (0.20%), Global X Conscious Companies ETF (0.05%), First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (0.11%), First Trust Nasdaq Artificial Intelligence and Robotics ETF (0.17%), iShares ESG MSCI USA Leaders ETF (0.01%), Global X Cloud Computing ETF (0.95%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling CATH is an investing strategy that aims to generate trading profit from Global X S&P 500 Catholic Values ETF as its price is falling. CATH shares are trading down $0.04 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 Global X S&P 500 Catholic Values 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 CATH, 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 CATH, twice per month. The most recent reporting period available is April, 30 2024.