Global X FinTech ETF - FINX Short Interest Ratio & Short Volume

Short interest is the volume of Global X FinTech ETF shares that have been sold short but have not yet been covered or closed out. As of March 15th, traders have sold 192,000 shares of FINX short. Learn More on Global X FinTech 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. FINX shares currently have a short interest ratio of 1.0. Learn More on Global X FinTech 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 FinTech 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 FinTech ETF saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 192,000 shares, an increase of 58.7% from the previous total of 121,000 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 FinTech ETF: First Trust NASDAQ Technology Dividend Index Fund (0.04%), Invesco DWA Technology Momentum ETF (0.17%), Invesco S&P SmallCap Information Technology ETF (2.19%), Global X Social Media ETF (0.39%), First Trust IndXX NextG ETF (1.69%), First Trust Nasdaq Semiconductor ETF (2.09%), First Trust Dow Jones International Internet ETF (6.18%), Global X E-commerce ETF (1.72%), First Trust NASDAQ Cybersecurity ETF (0.56%), and iShares Exponential Technologies ETF (0.50%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling FINX is an investing strategy that aims to generate trading profit from Global X FinTech ETF as its price is falling. FINX shares are trading down $0.13 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 FinTech 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 FINX, 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 FINX, twice per month. The most recent reporting period available is March, 15 2023.