Invesco Global Water ETF (PIO) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco Global Water ETF shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 1,600 shares of PIO short. Learn More on Invesco Global Water ETF's current short interest.

Invesco Global Water ETF saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,600 shares, an increase of 33.3% from the previous total of 1,200 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 Invesco Global Water ETF: Invesco S&P SmallCap Industrials ETF (0.41%), First Trust Nasdaq Transportation ETF (0.02%), First Trust RBA American Industrial Renaissance ETF (0.30%), and Invesco Water Resources ETF (0.25%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling PIO is an investing strategy that aims to generate trading profit from Invesco Global Water ETF as its price is falling. PIO shares are trading down $0.34 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 Invesco Global Water 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 PIO, 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 PIO, twice per month. The most recent reporting period available is April, 15 2024.