First Trust Emerging Markets Local Currency Bond ETF (FEMB) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Emerging Markets Local Currency Bond ETF shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 30,900 shares of FEMB short. Learn More on First Trust Emerging Markets Local Currency 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. FEMB shares currently have a short interest ratio of 1.0. Learn More on First Trust Emerging Markets Local Currency Bond ETF's short interest ratio.

First Trust Emerging Markets Local Currency Bond ETF saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 30,900 shares, a decrease of 84.9% from the previous total of 204,400 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 First Trust Emerging Markets Local Currency Bond ETF: Vanguard Long-Term Treasury Index ETF (0.37%), Vanguard Intermediate-Term Treasury Index ETF (0.33%), and Vanguard Short-Term Treasury Index ETF (0.16%).

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling FEMB is an investing strategy that aims to generate trading profit from First Trust Emerging Markets Local Currency Bond ETF as its price is falling. FEMB shares are trading down $0.02 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 Emerging Markets Local Currency 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 FEMB, 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 FEMB, twice per month. The most recent reporting period available is November, 15 2023.