First Trust IndXX NextG ETF (NXTG) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust IndXX NextG ETF shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 3,100 shares of NXTG short. Learn More on First Trust IndXX NextG ETF's current short interest.

First Trust IndXX NextG ETF saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,100 shares, an increase of 210.0% from the previous total of 1,000 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 IndXX NextG ETF: WisdomTree China ex-State-Owned Enterprises Fund (0.45%), iShares USD Green Bond ETF (0.17%), Sprott Junior Uranium Miners ETF (0.16%), Global X FinTech Thematic ETF (0.47%), VictoryShares Core Plus Intermediate Bond ETF (0.45%), Wahed FTSE USA Shariah ETF (0.14%), iShares MSCI Global Sustainable Development Goals ETF (0.00%), Global X Internet of Things Thematic ETF (78.40%), VanEck Video Gaming and eSports ETF (0.09%), Global X Cloud Computing ETF (1.09%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling NXTG is an investing strategy that aims to generate trading profit from First Trust IndXX NextG ETF as its price is falling. NXTG shares are trading up $0.37 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 IndXX NextG 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 NXTG, 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 NXTG, twice per month. The most recent reporting period available is March, 31 2024.