First Trust High Income Strategic Focus ETF (HISF) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust High Income Strategic Focus ETF shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 6,500 shares of HISF short. Learn More on First Trust High Income Strategic Focus 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. HISF shares currently have a short interest ratio of 1.0. Learn More on First Trust High Income Strategic Focus ETF's short interest ratio.

First Trust High Income Strategic Focus ETF saw a increase in short interest in September. As of September 30th, there was short interest totaling 6,500 shares, an increase of 364.3% from the previous total of 1,400 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 High Income Strategic Focus ETF: AdvisorShares Dorsey Wright ADR ETF (1.05%), First Trust RiverFront Dynamic Emerging Markets ETF (0.12%), Lazard Japanese Equity ETF (0.46%), WisdomTree Target Range Fund (0.11%), Goldman Sachs India Equity ETF (75.00%), VictoryShares Hedged Equity Income ETF (0.01%), First Trust Dorsey Wright Momentum & Dividend ETF (0.60%), First Trust Dorsey Wright Momentum & Value ETF (0.86%), iShares MSCI Qatar ETF (1.12%), Defiance Nasdaq 100 Income Target ETF (2.35%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($15.71 billion), Robinhood Markets, Inc. ($7.56 billion), Reddit Inc. ($4.55 billion), Coinbase Global, Inc. ($4.53 billion), CoreWeave Inc. ($4.43 billion), Charter Communications, Inc. ($4.07 billion), Seagate Technology Holdings PLC ($3.94 billion), IonQ, Inc. ($3.78 billion), TC Energy Corporation ($3.13 billion), and Live Nation Entertainment, Inc. ($3.12 billion). View all of the most shorted stocks.

Short selling HISF is an investing strategy that aims to generate trading profit from First Trust High Income Strategic Focus ETF as its price is falling. HISF shares are trading up $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 High Income Strategic Focus 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 HISF, 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 HISF, twice per month. The most recent reporting period available is September, 30 2025.