First Trust International Equity Opportunities ETF - FPXI Short Interest Ratio & Short Volume

Short interest is the volume of First Trust International Equity Opportunities ETF shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 247,000 shares of FPXI short. Learn More on First Trust International Equity 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. FPXI shares currently have a short interest ratio of 4.0. Learn More on First Trust International Equity Opportunities ETF's short interest ratio.

First Trust International Equity Opportunities ETF saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 247,000 shares, an increase of 2,739.1% from the previous total of 8,700 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 in the industry of "electronic computer manufacturing" compare to First Trust International Equity Opportunities ETF: First Trust RBA American Industrial RenaissanceTM ETF (0.15%), Invesco Golden Dragon China ETF (0.57%), VanEck Video Gaming and eSports ETF (1.41%), First Trust Dorsey Wright Dynamic Focus 5 ETF (0.42%), iShares USD Green Bond ETF (0.45%), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (0.18%), First Trust Nasdaq Bank ETF (0.17%), Invesco RAFI Strategic US ETF (0.50%), iShares iBonds Dec 2026 Term Treasury ETF (2.53%), and First Trust Municipal High Income ETF (1.65%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling FPXI is an investing strategy that aims to generate trading profit from First Trust International Equity Opportunities ETF as its price is falling. FPXI shares are trading down $0.08 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 Equity Opportunities 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 FPXI, 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 FPXI, twice per month. The most recent reporting period available is January, 15 2023.