Invesco S&P SmallCap Information Technology ETF (PSCT) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco S&P SmallCap Information Technology ETF shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 702,700 shares of PSCT short. Learn More on Invesco S&P SmallCap Information Technology ETF's current short interest.

Invesco S&P SmallCap Information Technology ETF saw a increase in short interest in March. As of March 31st, there was short interest totaling 702,700 shares, an increase of 365.1% from the previous total of 151,100 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 S&P SmallCap Information Technology ETF: Invesco PHLX Semiconductor ETF (0.01%), Invesco Dorsey Wright Technology Momentum ETF (0.59%), Xtrackers Semiconductor Select Equity ETF (0.95%), First Trust Nasdaq Semiconductor ETF (0.22%), First Trust NASDAQ Technology Dividend Index Fund (0.03%), First Trust Cloud Computing ETF (0.00%), First Trust NASDAQ 100 Technology Index Fund (0.01%), and iShares Semiconductor ETF (0.02%).

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 PSCT is an investing strategy that aims to generate trading profit from Invesco S&P SmallCap Information Technology ETF as its price is falling. PSCT shares are trading down $0.32 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 S&P SmallCap Information Technology 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 PSCT, 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 PSCT, twice per month. The most recent reporting period available is March, 31 2024.