First Trust Nasdaq Bank ETF (FTXO) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Nasdaq Bank ETF shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 100 shares of FTXO short. Learn More on First Trust Nasdaq Bank ETF's current short interest.

First Trust Nasdaq Bank ETF saw a decrease in short interest in March. As of March 31st, there was short interest totaling 100 shares, a decrease of 75.0% from the previous total of 400 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 Bank ETF: First Trust NASDAQ ABA Community Bank Index Fund (3.42%), Invesco KBW Regional Banking ETF (1.39%), Invesco S&P SmallCap Financials ETF (50.93%), Invesco KBW Property & Casualty Insurance ETF (0.39%), Invesco KBW High Dividend Yield Financial ETF (0.71%), iShares MSCI Europe Financials ETF (1.19%), and Invesco KBW Bank ETF (10.75%).

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 FTXO is an investing strategy that aims to generate trading profit from First Trust Nasdaq Bank ETF as its price is falling. FTXO shares are trading up $0.19 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 Bank ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FTXO, 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 FTXO, twice per month. The most recent reporting period available is March, 31 2024.