VictoryShares Protect America ETF (SHLD) Short Interest Ratio & Short Volume

Short interest is the volume of VictoryShares Protect America ETF shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 1,100 shares of SHLD short. Learn More on VictoryShares Protect America 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. SHLD shares currently have a short interest ratio of 2.0. Learn More on VictoryShares Protect America ETF's short interest ratio.

VictoryShares Protect America ETF saw a decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,100 shares, a decrease of 15.4% from the previous total of 1,300 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 VictoryShares Protect America ETF: Global X Wind Energy ETF (0.08%), Pacer BlueStar Digital Entertainment ETF (1.75%), Pacer BlueStar Engineering the Future ETF (0.67%), Global X PropTech ETF (0.60%), Themes Cybersecurity ETF (3.00%), First Trust Indxx Metaverse ETF (1.20%), Themes Robotics & Automation ETF (17.50%), SPDR MSCI USA Climate Paris Aligned ETF (0.25%), ProShares Ultra Nasdaq Cloud Computing ETF (0.11%), iShares Breakthrough Environmental Solutions ETF (0.25%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Kansas City Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Communications, Inc. ($2.87 billion), Match Group Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

Short selling SHLD is an investing strategy that aims to generate trading profit from VictoryShares Protect America ETF as its price is falling. SHLD shares are trading down $0.39 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 VictoryShares Protect America 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 SHLD, 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 SHLD, twice per month. The most recent reporting period available is September, 30 2021.