Global X Education ETF (EDUT) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Education ETF shares that have been sold short but have not yet been covered or closed out. As of August 15th, investors have sold 200 shares of EDUT short. Learn More on Global X Education 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. EDUT shares currently have a short interest ratio of 1.0. Learn More on Global X Education ETF's short interest ratio.

Global X Education ETF saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 200 shares, a drop of 33.3% from the previous total of 300 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 Education ETF: ProShares Ultra Nasdaq Cloud Computing ETF (0.44%), iShares Breakthrough Environmental Solutions ETF (0.25%), First Trust Nasdaq Lux Digital Health Solutions ETF (0.05%), Themes Cybersecurity ETF (7.33%), Global X PropTech ETF (0.60%), Pacer BlueStar Digital Entertainment ETF (1.75%), Global X Wind Energy ETF (5.19%), Global X Disruptive Materials ETF (2.91%), Pacer BlueStar Engineering the Future ETF (0.83%), Xtrackers US Green Infrastructure Select Equity ETF (15.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.78 billion), Occidental Petroleum Corporation ($3.04 billion), Royal Caribbean Cruises Ltd. ($2.10 billion), Celsius Holdings Inc. ($1.98 billion), Coinbase Global, Inc. ($1.97 billion), T. Rowe Price Group, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.83 billion), Tractor Supply Company ($1.82 billion), Moderna, Inc. ($1.66 billion), and CarMax, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling EDUT is an investing strategy that aims to generate trading profit from Global X Education ETF as its price is falling. 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 Education 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 EDUT, 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 EDUT, twice per month. The most recent reporting period available is August, 15 2023.