Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) Short Interest Ratio & Short Volume

Short interest is the volume of Credit Suisse X-Links Gold Shares Covered Call ETN 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 GLDI short. Learn More on Credit Suisse X-Links Gold Shares Covered Call ETN's current short interest.

Credit Suisse X-Links Gold Shares Covered Call ETN saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 200 shares, a drop of 75.0% from the previous total of 800 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 Credit Suisse X-Links Gold Shares Covered Call ETN: Credit Suisse X-Links Silver Shares Covered Call ETN (0.12%), Goldman Sachs Nasdaq 100 Core Premium Income ETF (1.22%), Nasdaq 100 Covered Call & Growth ETF (0.60%), Goldman Sachs S&P 500 Core Premium Income ETF (2.11%), Global X Nasdaq 100 Covered Call ETF (0.55%), and JPMorgan Nasdaq Equity Premium Income ETF (0.12%).

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 GLDI is an investing strategy that aims to generate trading profit from Credit Suisse X-Links Gold Shares Covered Call ETN as its price is falling. GLDI shares are trading down $0.16 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 Credit Suisse X-Links Gold Shares Covered Call ETN occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GLDI, 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 GLDI, twice per month. The most recent reporting period available is April, 30 2024.