First Trust NASDAQ ABA Community Bank Index Fund - QABA Short Interest Ratio & Short Volume

Short interest is the volume of First Trust NASDAQ ABA Community Bank Index Fund shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 21,900 shares of QABA short. Learn More on First Trust NASDAQ ABA Community Bank Index Fund's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of First Trust NASDAQ ABA Community Bank Index Fund: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

First Trust NASDAQ ABA Community Bank Index Fund saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 21,900 shares, an increase of 119.0% from the previous total of 10,000 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 NASDAQ ABA Community Bank Index Fund: First Trust Nasdaq Bank ETF (0.33%), Invesco KBW Regional Banking ETF (2.16%), Invesco KBW Property & Casualty Insurance ETF (0.02%), Invesco KBW High Dividend Yield Financial ETF (0.98%), iShares MSCI Europe Financials ETF (2.91%), and Invesco KBW Bank ETF (2.76%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling QABA is an investing strategy that aims to generate trading profit from First Trust NASDAQ ABA Community Bank Index Fund as its price is falling. QABA shares are trading down $0.96 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 NASDAQ ABA Community Bank Index Fund 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 QABA, 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 QABA, twice per month. The most recent reporting period available is March, 15 2023.