Invesco BuyBack Achievers ETF (PKW) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco BuyBack Achievers ETF shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 2,700 shares of PKW short. Learn More on Invesco BuyBack Achievers ETF's current short interest.

Invesco BuyBack Achievers ETF saw a decrease in short interest in April. As of April 15th, there was short interest totaling 2,700 shares, a decrease of 83.6% from the previous total of 16,500 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 BuyBack Achievers ETF: Invesco Dorsey Wright Momentum ETF (0.09%), First Trust Dorsey Wright International Focus 5 ETF (0.07%), First Trust Dorsey Wright Dynamic Focus 5 ETF (0.03%), First Trust International IPO ETF (0.00%), Invesco DWA Emerging Markets Momentum ETF (0.09%), Invesco DWA Developed Markets Momentum ETF (0.82%), First Trust DorseyWright DALI 1 ETF (0.02%), Invesco International BuyBack Achievers ETF (3.39%), SGI Dynamic Tactical ETF (0.01%), and First Trust Dorsey Wright Focus 5 ETF (0.04%).

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 PKW is an investing strategy that aims to generate trading profit from Invesco BuyBack Achievers ETF as its price is falling. PKW shares are trading down $1.73 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 BuyBack Achievers 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 PKW, 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 PKW, twice per month. The most recent reporting period available is April, 15 2024.