ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares Nasdaq-100 Dorsey Wright Momentum ETF shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 2,200 shares of QQQA short. Learn More on ProShares Nasdaq-100 Dorsey Wright Momentum ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. QQQA shares currently have a short interest ratio of 1.0. Learn More on ProShares Nasdaq-100 Dorsey Wright Momentum ETF's short interest ratio.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,200 shares, an increase of 144.4% from the previous total of 900 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 ProShares Nasdaq-100 Dorsey Wright Momentum ETF: AdvisorShares Dorsey Wright Short ETF (1.16%), Global X NASDAQ 100 Risk Managed Income ETF (2.00%), IQ U.S. Large Cap R&D Leaders ETF (0.30%), BlackRock Large Cap Core ETF (3.17%), Global X NASDAQ 100 Tail Risk ETF (5.11%), Global X Nasdaq 100 ESG Covered Call ETF (0.30%), First Trust S&P 500 Diversified Dividend Aristocrats ETF (1.81%), VictoryShares Developed Enhanced Volatility Wtd ETF (0.01%), Principal Quality ETF (0.01%), Global X Dax Germany ETF (2.06%),

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 QQQA is an investing strategy that aims to generate trading profit from ProShares Nasdaq-100 Dorsey Wright Momentum ETF as its price is falling. QQQA shares are trading up $0.65 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 ProShares Nasdaq-100 Dorsey Wright Momentum 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 QQQA, 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 QQQA, twice per month. The most recent reporting period available is April, 15 2024.