BlackRock High Yield ETF (BRHY) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock High Yield ETF shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 3,300 shares of BRHY short. Learn More on BlackRock High Yield 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. BRHY shares currently have a short interest ratio of 2.0. Learn More on BlackRock High Yield ETF's short interest ratio.

BlackRock High Yield ETF saw a decrease in short interest in August. As of August 31st, there was short interest totaling 3,300 shares, a decrease of 2.9% from the previous total of 3,400 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 BlackRock High Yield ETF: Invesco BulletShares 2029 High Yield Corporate Bond ETF (1.68%), iShares ESG Advanced High Yield Corporate Bond ETF (0.39%), Invesco BulletShares 2030 High Yield Corporate Bond ETF (0.85%), WisdomTree Interest Rate Hedged High Yield Bond Fund (0.06%), Invesco High Yield Bond Factor ETF (0.00%), InvescoBulletShares2031 High Yield Corporate Bond ETF (0.10%), Invesco BulletShares 2032 High Yield Corporate Bond ETF (1.85%), Invesco BulletShares 2028 High Yield Corporate Bond ETF (0.28%), Invesco BulletShares 2024 High Yield Corporate Bond ETF (0.04%), Invesco BulletShares 2026 High Yield Corporate Bond ETF (0.69%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling BRHY is an investing strategy that aims to generate trading profit from BlackRock High Yield ETF as its price is falling. BRHY shares are trading up $0.15 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 BlackRock High Yield 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 BRHY, 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 BRHY, twice per month. The most recent reporting period available is August, 31 2024.