Sprott Energy Transition Materials ETF (SETM) Short Interest Ratio & Short Volume

Short interest is the volume of Sprott Energy Transition Materials ETF shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 400 shares of SETM short. Learn More on Sprott Energy Transition Materials ETF's current short interest.

Sprott Energy Transition Materials ETF saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 400 shares, a decrease of 87.5% from the previous total of 3,200 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 Sprott Energy Transition Materials ETF: Enact Holdings, Inc. (2.91%), SPAC and New Issue ETF (1.67%), Fidelity Metaverse ETF (1.42%), iShares ESG MSCI USA Min Vol Factor ETF (0.04%), Fidelity Crypto Industry and Digital Payments ETF (0.12%), iShares Transition-Enabling Metals ETF (0.02%), VanEck Robotics ETF (1.52%), Relative Sentiment Tactical Allocation ETF (1.49%), Global X Clean Water ETF (0.52%), Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (0.02%),

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 SETM is an investing strategy that aims to generate trading profit from Sprott Energy Transition Materials ETF as its price is falling. SETM shares are trading up $0.40 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 Sprott Energy Transition Materials 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 SETM, 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 SETM, twice per month. The most recent reporting period available is April, 15 2024.