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Valkyrie Bitcoin Miners ETF (WGMI) Short Interest Ratio & Short Volume

$24.27
-1.19 (-4.67%)
(As of 07/23/2024 ET)

Valkyrie Bitcoin Miners ETF Short Interest Data

Current Short Interest
185,300 shares
Previous Short Interest
240,200 shares
Change Vs. Previous Month
-22.86%
Dollar Volume Sold Short
$3.92 million
Short Interest Ratio
0.5 Days to Cover
Last Record Date
June 30, 2024
Outstanding Shares
5,900,000 shares
Percentage of Shares Shorted
3.14%
Today's Trading Volume
266,121 shares
Average Trading Volume
453,451 shares
Today's Volume Vs. Average
59%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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WGMI Short Interest Over Time

WGMI Days to Cover Over Time

WGMI Percentage of Float Shorted Over Time

Valkyrie Bitcoin Miners ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/30/2024185,300 shares $3.92 million -22.9%N/A0.5 $21.17
6/15/2024240,200 shares $5.33 million -46.0%N/A0.7 $22.17
5/31/2024444,500 shares $7.31 million -19.2%N/A1.4 $16.45
5/15/2024550,000 shares $8.55 million +22.7%N/A1.5 $15.55
4/30/2024448,200 shares $6.29 million +51.6%N/A1 $14.03
4/15/2024295,700 shares $3.95 million +48.8%N/A0.6 $13.35
3/31/20248,300 shares $151,890.00 -95.4%N/A5.5 $18.30
3/15/2024182,100 shares $2.87 million -5.9%N/A0.3 $15.78
2/29/2024193,500 shares $3.30 million -28.4%N/A0.3 $17.04
2/15/2024270,300 shares $5.21 million +18.0%N/A0.5 $19.27
1/31/2024229,000 shares $2.97 million No ChangeN/A0.5 $12.98

WGMI Short Interest - Frequently Asked Questions

What is Valkyrie Bitcoin Miners ETF's current short interest?

Short interest is the volume of Valkyrie Bitcoin Miners ETF shares that have been sold short but have not yet been covered or closed out. As of June 30th, traders have sold 185,300 shares of WGMI short. Learn More on Valkyrie Bitcoin Miners ETF's current short interest.

Which institutional investors are shorting Valkyrie Bitcoin Miners ETF?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Valkyrie Bitcoin Miners ETF: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Valkyrie Bitcoin Miners ETF's short interest increasing or decreasing?

Valkyrie Bitcoin Miners ETF saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 185,300 shares, a decline of 22.9% from the previous total of 240,200 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.

How does Valkyrie Bitcoin Miners ETF's short interest compare to its competitors?
Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.71 billion), TC Energy Co. ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), Chesapeake Energy Co. ($1.50 billion), and United Therapeutics Co. ($1.40 billion). View all of the most shorted stocks.

What does it mean to sell short Valkyrie Bitcoin Miners ETF stock?

Short selling WGMI is an investing strategy that aims to generate trading profit from Valkyrie Bitcoin Miners ETF as its price is falling. WGMI shares are trading down $1.19 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.

How does a short squeeze work against Valkyrie Bitcoin Miners ETF?

A short squeeze for Valkyrie Bitcoin Miners 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 WGMI, which in turn drives the price of the stock up even further.

How often is Valkyrie Bitcoin Miners ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including WGMI, twice per month. The most recent reporting period available is June, 30 2024.



This page (NASDAQ:WGMI) was last updated on 7/24/2024 by MarketBeat.com Staff

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