First Trust Nasdaq Transportation ETF (FTXR) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Nasdaq Transportation ETF shares that have been sold short but have not yet been covered or closed out. As of February 15th, investors have sold 200 shares of FTXR short. Learn More on First Trust Nasdaq Transportation ETF's current short interest.

First Trust Nasdaq Transportation ETF saw a decline in short interest in February. As of February 15th, there was short interest totaling 200 shares, a decline of 60.0% from the previous total of 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.

Here is how the short interest of companies compare to First Trust Nasdaq Transportation ETF: Invesco S&P SmallCap Industrials ETF (4.58%), Invesco Global Water ETF (0.57%), First Trust RBA American Industrial Renaissance ETF (0.44%), and Invesco Water Resources ETF (0.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling FTXR is an investing strategy that aims to generate trading profit from First Trust Nasdaq Transportation ETF as its price is falling. FTXR shares are trading down $0.10 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 Transportation 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 FTXR, 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 FTXR, twice per month. The most recent reporting period available is February, 15 2024.