Defiance Daily Target 2X Long SMCI ETF (SMCX) Short Interest Ratio & Short Volume

Short interest is the volume of Defiance Daily Target 2X Long SMCI ETF shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 2,670,000 shares of SMCX short. Learn More on Defiance Daily Target 2X Long SMCI 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. SMCX shares currently have a short interest ratio of 1.0. Learn More on Defiance Daily Target 2X Long SMCI ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Defiance Daily Target 2X Long SMCI ETF: Jane Street Group LLC, and Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Here is how the short interest of companies compare to Defiance Daily Target 2X Long SMCI ETF: Defiance Daily Target 2X Long RGTI ETF (7.23%), Defiance Daily Target 2X Long ORCL ETF (11.34%), GraniteShares 2x Long TSLA Daily ETF (12.68%), Direxion Daily META Bull 2X Shares (13.85%), Direxion Daily TSM Bull 2X Shares (0.59%), GraniteShares 2x Long META Daily ETF (5.04%), GraniteShares Yieldboost TSLA ETF (0.11%), GraniteShares 2x Long BABA Daily ETF (17.66%), Defiance Daily Target 2X Long HIMS ETF (18.32%), Direxion Daily MSFT Bull 2X Shares (10.61%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($8.81 billion), Canadian Natural Resources Limited ($5.82 billion), Reddit Inc. ($5.19 billion), Coinbase Global, Inc. ($4.52 billion), Robinhood Markets, Inc. ($4.30 billion), Charter Communications, Inc. ($3.75 billion), CoreWeave Inc. ($3.66 billion), Seagate Technology Holdings PLC ($3.57 billion), Live Nation Entertainment, Inc. ($3.33 billion), and Rocket Lab Corporation ($3.26 billion). View all of the most shorted stocks.

Short selling SMCX is an investing strategy that aims to generate trading profit from Defiance Daily Target 2X Long SMCI ETF as its price is falling. SMCX shares are trading down $7.75 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 Defiance Daily Target 2X Long SMCI 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 SMCX, 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 SMCX, twice per month. The most recent reporting period available is September, 15 2025.