Themes Airlines ETF (AIRL) Short Interest Ratio & Short Volume

Short interest is the volume of Themes Airlines ETF shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 800 shares of AIRL short. 2.67% of Themes Airlines ETF's shares are currently sold short. Learn More on Themes Airlines 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. AIRL shares currently have a short interest ratio of 8.0. Learn More on Themes Airlines 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. 2.67% of Themes Airlines ETF's floating shares are currently sold short.

2.67% of Themes Airlines ETF's shares are currently sold short. Here is how the short interest of companies compare to Themes Airlines ETF: First Trust Nasdaq Transportation ETF (1.93%), Invesco S&P SmallCap Industrials ETF (0.10%), Invesco Global Water ETF (0.06%), Invesco Dorsey Wright Industrials Momentum ETF (0.28%), Invesco Water Resources ETF (0.06%), and First Trust RBA American Industrial Renaissance ETF (1.25%).

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($73.23 billion), Invesco QQQ ($29.52 billion), iShares Russell 2000 ETF ($20.82 billion), iShares 20+ Year Treasury Bond ETF ($10.76 billion), Palo Alto Networks, Inc. ($9.37 billion), Strategy Inc ($7.58 billion), Invesco S&P 500 Equal Weight ETF ($6.78 billion), SPDR S&P Biotech ETF ($6.72 billion), AppLovin Corporation ($6.37 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($6.29 billion). View all of the most shorted stocks.

Short selling AIRL is an investing strategy that aims to generate trading profit from Themes Airlines ETF as its price is falling. AIRL shares are trading down $0.40 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 Themes Airlines ETF 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 AIRL, 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 AIRL, twice per month. The most recent reporting period available is August, 31 2025.