IQ U.S. Mid Cap R&D Leaders ETF (MRND) Short Interest Ratio & Short Volume

Short interest is the volume of IQ U.S. Mid Cap R&D Leaders ETF shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 100 shares of MRND short. Learn More on IQ U.S. Mid Cap R&D Leaders 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. MRND shares currently have a short interest ratio of 1.0. Learn More on IQ U.S. Mid Cap R&D Leaders ETF's short interest ratio.

Here is how the short interest of companies compare to IQ U.S. Mid Cap R&D Leaders ETF: Argent Mid Cap ETF (0.17%), First Trust Mid Cap Growth AlphaDEX Fund (0.95%), iShares Morningstar Mid-Cap Value ETF (0.52%), and First Trust Mid Cap Core AlphaDEX Fund (0.30%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling MRND is an investing strategy that aims to generate trading profit from IQ U.S. Mid Cap R&D Leaders ETF as its price is falling. MRND shares are trading up $0.12 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 IQ U.S. Mid Cap R&D Leaders 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 MRND, 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 MRND, twice per month. The most recent reporting period available is May, 15 2023.