Global X Green Building ETF (GRNR) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Green Building ETF shares that have been sold short but have not yet been closed out or covered. As of January 31st, traders have sold 1,100 shares of GRNR short. Learn More on Global X Green Building 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. GRNR shares currently have a short interest ratio of 4.0. Learn More on Global X Green Building ETF's short interest ratio.

Global X Green Building ETF saw a decrease in short interest in January. As of January 31st, there was short interest totaling 1,100 shares, a decrease of 73.2% from the previous total of 4,100 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 Global X Green Building ETF: SPDR MSCI USA Climate Paris Aligned ETF (0.75%), Global X Wind Energy ETF (119.10%), Kelly CRISPR & Gene Editing Technology ETF (2.37%), Global X PropTech ETF (300.20%), VanEck Green Infrastructure ETF (73.50%), iShares Breakthrough Environmental Solutions ETF (2.63%), ProShares Ultra Nasdaq Cybersecurity ETF (0.11%), First Trust Indxx Metaverse ETF (2.40%), Pacer BlueStar Engineering the Future ETF (1.00%), Pacer BlueStar Digital Entertainment ETF (0.25%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling GRNR is an investing strategy that aims to generate trading profit from Global X Green Building ETF as its price is falling. 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 Global X Green Building 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 GRNR, 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 GRNR, twice per month. The most recent reporting period available is January, 31 2024.