First Trust Municipal High Income ETF Short Interest Ratio and Short Volume

First Trust Municipal High Income ETF (NASDAQ:FMHI) Short Interest Frequently Asked Questions

What is First Trust Municipal High Income ETF's current short interest?

Short interest is the volume of First Trust Municipal High Income ETF shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 26,200 shares of FMHI short. Learn More on First Trust Municipal High Income ETF's current short interest.

What is a good short interest ratio for First Trust Municipal High Income ETF?

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. First Trust Municipal High Income ETF currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for First Trust Municipal High Income ETF

Is First Trust Municipal High Income ETF's short interest increasing or decreasing?

First Trust Municipal High Income ETF saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 26,200 shares, an increase of 208.2% from the previous total of 8,500 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.

How does First Trust Municipal High Income ETF's short interest compare to its competitors?

0.00% of First Trust Municipal High Income ETF's shares are currently sold short. Here is how the short interest of companies in the industry of "electronic computer manufacturing" compare to First Trust Municipal High Income ETF: First Trust NASDAQ-100 Equal Weighted Index Fund (0.00%), Strategy Shares Nasdaq 7 Handl Index ETF (0.00%), Global X Cloud Computing ETF Global X Cloud Computing ETF (0.00%), Invesco NASDAQ Next Gen 100 ETF (0.00%), First Trust Nasdaq Transportation ETF (0.00%), First Trust Large Cap Value AlphaDEX Fund (0.00%), Global X Cybersecurity ETF (0.00%), WisdomTree China ex-State-Owned Enterprises Fund (0.00%), First Trust IndXX NextG ETF (0.00%), and iShares ESG 1-5 Year USD Corporate Bond ETF (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short First Trust Municipal High Income ETF stock?

Short selling FMHI is an investing strategy that aims to generate trading profit from First Trust Municipal High Income ETF as its price is falling. First Trust Municipal High Income ETF's stock is trading down $0.01 today. To short First Trust Municipal High Income ETF 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 First Trust Municipal High Income ETF 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.

How does a short squeeze work against First Trust Municipal High Income ETF?

A short squeeze for First Trust Municipal High Income 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 FMHI, which in turn drives the price of the stock up even further.

How often is First Trust Municipal High Income ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FMHI, twice per month. The most recent reporting period available is November, 15 2021.