Sprott Silver Miners & Physical Silver ETF (SLVR) Short Interest Ratio & Short Volume

Short interest is the volume of Sprott Silver Miners & Physical Silver ETF shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 2,500 shares of SLVR short. 0.01% of Sprott Silver Miners & Physical Silver ETF's shares are currently sold short. Learn More on Sprott Silver Miners & Physical Silver ETF's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.01% of Sprott Silver Miners & Physical Silver ETF's floating shares are currently sold short.

Sprott Silver Miners & Physical Silver ETF saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,500 shares, a decline of 71.3% from the previous total of 8,700 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.

Sprott Silver Miners & Physical Silver ETF currently has issued a total of 2,340,000 shares. Some of Sprott Silver Miners & Physical Silver ETF's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Sprott Silver Miners & Physical Silver ETF currently has a public float of 24,630,000 shares.

0.01% of Sprott Silver Miners & Physical Silver ETF's shares are currently sold short. Here is how the short interest of companies compare to Sprott Silver Miners & Physical Silver ETF: iShares Copper and Metals Mining ETF (0.76%), Invesco Dorsey Wright Basic Materials Momentum ETF (0.14%), Xtrackers RREEF Global Natural Resources ETF (0.02%), First Trust Indxx Global Natural Resources Income ETF (0.04%), Sprott Copper Miners ETF (0.16%), Invesco S&P SmallCap Materials ETF (0.74%), Themes Gold Miners ETF (7.70%), iShares Lithium Miners and Producers ETF (4.91%), iShares Global Timber & Forestry ETF (0.26%), and iShares MSCI Global Gold Miners ETF (5.46%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling SLVR is an investing strategy that aims to generate trading profit from Sprott Silver Miners & Physical Silver ETF as its price is falling. SLVR shares are trading up $0.75 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 Silver Miners & Physical Silver 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 SLVR, 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 SLVR, twice per month. The most recent reporting period available is September, 15 2023.