Nasdaq 100 Covered Call & Growth ETF (QYLG) Short Interest Ratio & Short Volume

Short interest is the volume of Nasdaq 100 Covered Call & Growth ETF shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 3,300 shares of QYLG short. Learn More on Nasdaq 100 Covered Call & Growth ETF's current short interest.

Nasdaq 100 Covered Call & Growth ETF saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 3,300 shares, a drop of 65.3% from the previous total of 9,500 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 Nasdaq 100 Covered Call & Growth ETF: Goldman Sachs S&P 500 Core Premium Income ETF (1.34%), Goldman Sachs Nasdaq 100 Core Premium Income ETF (0.64%), Credit Suisse X-Links Gold Shares Covered Call ETN (0.20%), Credit Suisse X-Links Silver Shares Covered Call ETN (0.12%), Global X Nasdaq 100 Covered Call ETF (0.46%), and JPMorgan Nasdaq Equity Premium Income ETF (0.20%).

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 QYLG is an investing strategy that aims to generate trading profit from Nasdaq 100 Covered Call & Growth ETF as its price is falling. QYLG shares are trading up $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 Nasdaq 100 Covered Call & Growth 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 QYLG, 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 QYLG, twice per month. The most recent reporting period available is April, 15 2024.