Invesco BulletShares 2023 Corporate Bond ETF (BSCN) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco BulletShares 2023 Corporate Bond ETF shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 623,600 shares of BSCN short. Learn More on Invesco BulletShares 2023 Corporate Bond 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. BSCN shares currently have a short interest ratio of 1.0. Learn More on Invesco BulletShares 2023 Corporate Bond ETF's short interest ratio.

Invesco BulletShares 2023 Corporate Bond ETF saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 623,600 shares, a decline of 72.2% from the previous total of 2,240,000 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 Invesco BulletShares 2023 Corporate Bond ETF: iShares 0-5 Year Investment Grade Corporate Bond ETF (0.74%), Invesco BulletShares 2026 Corporate Bond ETF (0.21%), Invesco BulletShares 2025 Corporate Bond ETF (0.63%), Vanguard Total Corporate Bond Fund (0.27%), Vanguard Emerging Markets Government Bond ETF (1.03%), Invesco BulletShares 2027 Corporate Bond ETF (0.64%), iShares ESG Aware USD Corporate Bond ETF (0.21%), iShares ESG Aware 1-5 Year USD Corporate Bond ETF (0.41%), Invesco BulletShares 2028 Corporate Bond ETF (2.13%), Invesco Variable Rate Investment Grade ETF (0.42%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.69 billion), Canadian Natural Resources Limited ($3.67 billion), T-Mobile US, Inc. ($3.56 billion), Suncor Energy Inc. ($3.20 billion), Occidental Petroleum Co. ($3.19 billion), Celsius Holdings, Inc. ($2.09 billion), Tractor Supply ($2.08 billion), Moderna, Inc. ($2.04 billion), Royal Caribbean Cruises Ltd. ($2.00 billion), and Rivian Automotive, Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling BSCN is an investing strategy that aims to generate trading profit from Invesco BulletShares 2023 Corporate Bond ETF as its price is falling. BSCN shares are trading up $0.01 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 Invesco BulletShares 2023 Corporate Bond 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 BSCN, 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 BSCN, twice per month. The most recent reporting period available is August, 31 2023.