Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) Short Interest Ratio & Short Volume

Short interest is the volume of Roundhill Daily 2X Long Magnificent Seven ETF shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 4,000 shares of MAGX short. Learn More on Roundhill Daily 2X Long Magnificent Seven ETF's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Roundhill Daily 2X Long Magnificent Seven ETF: Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Roundhill Daily 2X Long Magnificent Seven ETF saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 4,000 shares, a decrease of 64.6% from the previous total of 11,300 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 Roundhill Daily 2X Long Magnificent Seven ETF: Tradr 1X Short Innovation Daily ETF (12.19%), Sprott Critical Materials ETF (0.36%), Spear Alpha ETF (6.06%), Global X E-Commerce ETF (0.17%), Fidelity Disruptive Communications ETF (0.22%), Tema Oncology ETF (0.65%), Global X Aging Population ETF (5.64%), AOT Growth & Innovation ETF (0.16%), Fidelity Disruptors ETF (0.24%), Invesco ESG NASDAQ 100 ETF (1.19%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling MAGX is an investing strategy that aims to generate trading profit from Roundhill Daily 2X Long Magnificent Seven ETF as its price is falling. MAGX shares are trading down $1.34 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 Roundhill Daily 2X Long Magnificent Seven 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 MAGX, 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 MAGX, twice per month. The most recent reporting period available is January, 31 2025.