Global X Cybersecurity ETF (BUG) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Cybersecurity ETF shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 122,600 shares of BUG short. Learn More on Global X Cybersecurity 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. BUG shares currently have a short interest ratio of 1.0. Learn More on Global X Cybersecurity ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Global X Cybersecurity ETF: Susquehanna International Group LLP, and Cutler Group LLC CA. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Global X Cybersecurity ETF saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 122,600 shares, a decrease of 56.6% from the previous total of 282,500 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 Cybersecurity ETF: First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (0.29%), iShares ESG Advanced MSCI USA ETF (0.06%), Global X Conscious Companies ETF (0.00%), Global X S&P 500 Catholic Values ETF (0.05%), Global X Cloud Computing ETF (1.87%), iShares ESG Advanced MSCI EAFE ETF (0.43%), iShares MSCI Global Impact ETF (2.20%), Global X Internet of Things Thematic ETF (3.45%), AXS Short Innovation Daily ETF (8.72%), VanEck Video Gaming and eSports ETF (3.02%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling BUG is an investing strategy that aims to generate trading profit from Global X Cybersecurity ETF as its price is falling. BUG shares are trading up $0.06 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 Cybersecurity 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 BUG, 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 BUG, twice per month. The most recent reporting period available is May, 15 2023.