First Trust Income Opportunities ETF (FCEF) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Income Opportunities ETF shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 3,800 shares of FCEF short. Learn More on First Trust Income Opportunities 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. FCEF shares currently have a short interest ratio of 1.0. Learn More on First Trust Income Opportunities ETF's short interest ratio.

First Trust Income Opportunities ETF saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,800 shares, an increase of 216.7% from the previous total of 1,200 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 First Trust Income Opportunities ETF: Global X Alternative Income ETF (0.08%), Flexshares Real Assets Allocation Index Fund (0.06%), Cabana Target Drawdown 7 ETF (0.01%), Cabana Target Drawdown 10 ETF (0.11%), and iShares GSCI Commodity Dynamic Roll Strategy ETF (0.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling FCEF is an investing strategy that aims to generate trading profit from First Trust Income Opportunities ETF as its price is falling. FCEF shares are trading up $0.09 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 First Trust Income Opportunities 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 FCEF, 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 FCEF, twice per month. The most recent reporting period available is March, 31 2024.