VanEck Semiconductor ETF (SMH) Short Interest Ratio & Short Volume

Short interest is the volume of VanEck Semiconductor ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 11,900,000 shares of SMH short. Learn More on VanEck Semiconductor 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. SMH shares currently have a short interest ratio of 1.0. Learn More on VanEck Semiconductor 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 VanEck Semiconductor ETF: Jane Street Group LLC, CTC LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., Polar Asset Management Partners Inc., Millennium Management LLC, Appaloosa LP, CMT Capital Markets Trading GmbH, Apollo Management Holdings L.P., Atreides Management LP, Capital Markets Trading UK LLP, Cubist Systematic Strategies LLC, Royal Bank of Canada, Nomura Holdings Inc., DRW Securities LLC, Twin Tree Management LP, Symmetry Peak Management LLC, Kingdon Capital Management L.L.C., OLD Mission Capital LLC, HAP Trading LLC, MYDA Advisors LLC, BNP Paribas Financial Markets, Eisler Capital Management Ltd., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Ameriprise Financial Inc., Capital Fund Management S.A., Venture Visionary Partners LLC, Garda Capital Partners LP, Hsbc Holdings PLC, Maven Securities LTD, Wellington Management Group LLP, Marathon Trading Investment Management LLC, HighTower Advisors LLC, National Bank of Canada FI, Citigroup Inc., Belvedere Trading LLC, Earned Wealth Advisors LLC, Baker Avenue Asset Management LP, Dauntless Investment Group LLC, Private Advisor Group LLC, SG Americas Securities LLC, Secure Asset Management LLC, Capital CS Group LLC, CenterStar Asset Management LLC, Wellington Management Group LLP, Polar Asset Management Partners Inc., Toronto Dominion Bank, and CTC LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

VanEck Semiconductor ETF saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 11,900,000 shares, a drop of 1.9% from the previous total of 12,130,000 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 VanEck Semiconductor ETF: iShares Semiconductor ETF (11.66%), First Trust Cloud Computing ETF (0.38%), First Trust NASDAQ Technology Dividend Index Fund (0.38%), First Trust NASDAQ 100 Technology Index Fund (5.68%), JPMorgan U.S. Tech Leaders ETF (0.05%), Invesco PHLX Semiconductor ETF (2.33%), Invesco Dorsey Wright Technology Momentum ETF (0.12%), Invesco S&P SmallCap Information Technology ETF (3.43%), First Trust Nasdaq Semiconductor ETF (17.08%), and Xtrackers Semiconductor Select Equity ETF (0.09%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology S.A. ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Co. ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit, Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling SMH is an investing strategy that aims to generate trading profit from VanEck Semiconductor ETF as its price is falling. SMH shares are trading down $0.47 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 VanEck Semiconductor 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 SMH, 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 SMH, twice per month. The most recent reporting period available is April, 30 2025.