First Trust Nasdaq Oil & Gas ETF - FTXN Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Nasdaq Oil & Gas ETF shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 5,900 shares of FTXN short. Learn More on First Trust Nasdaq Oil & Gas ETF's current short interest.

First Trust Nasdaq Oil & Gas ETF saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 5,900 shares, a decrease of 98.1% from the previous total of 309,600 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 Nasdaq Oil & Gas ETF: Invesco DWA Energy Momentum ETF (0.04%), and Invesco S&P SmallCap Energy ETF (0.44%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling FTXN is an investing strategy that aims to generate trading profit from First Trust Nasdaq Oil & Gas ETF as its price is falling. FTXN shares are trading down $0.04 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 Nasdaq Oil & Gas 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 FTXN, 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 FTXN, twice per month. The most recent reporting period available is February, 28 2023.