First Trust International Developed Capital Strength ETF (FICS) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust International Developed Capital Strength ETF shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 16,700 shares of FICS short. Learn More on First Trust International Developed Capital Strength 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. FICS shares currently have a short interest ratio of 1.0. Learn More on First Trust International Developed Capital Strength ETF's short interest ratio.

First Trust International Developed Capital Strength ETF saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 16,700 shares, a decrease of 77.2% from the previous total of 73,200 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 International Developed Capital Strength ETF: First Trust Low Duration Strategic Focus ETF (0.24%), Pacer Cash Cows Fund of Funds ETF (0.16%), Pacer Emerging Markets Cash Cows 100 ETF (0.50%), VictoryShares International Volatility Wtd ETF (0.45%), iShares MSCI New Zealand ETF (1.24%), Alpha Architect International Quantitative Momentum ETF (0.13%), iShares MSCI Qatar ETF (0.01%), ClearBridge All Cap Growth ESG ETF (0.01%), First Trust S&P International Dividend Aristocrats ETF (0.51%), AdvisorShares Dorsey Wright FSM All Cap World ETF (0.34%),

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 FICS is an investing strategy that aims to generate trading profit from First Trust International Developed Capital Strength ETF as its price is falling. FICS shares are trading down $0.28 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 International Developed Capital Strength 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 FICS, 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 FICS, twice per month. The most recent reporting period available is March, 31 2024.