Western Asset Short Duration Income ETF (WINC) Short Interest Ratio & Short Volume

Short interest is the volume of Western Asset Short Duration Income ETF shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 5,900 shares of WINC short. Learn More on Western Asset Short Duration Income 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. WINC shares currently have a short interest ratio of 1.0. Learn More on Western Asset Short Duration Income ETF's short interest ratio.

Western Asset Short Duration Income ETF saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 5,900 shares, an increase of 168.2% from the previous total of 2,200 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.

Here is how the short interest of companies compare to Western Asset Short Duration Income ETF: First Trust RiverFront Dynamic Europe ETF (0.07%), Invesco Nasdaq Free Cash Flow Achievers ETF (1.40%), First Trust IPOX Europe Equity Opportunities ETF (0.93%), AdvisorShares Dorsey Wright ADR ETF (0.02%), First Trust RiverFront Dynamic Emerging Markets ETF (0.42%), First Trust Dorsey Wright Momentum & Value ETF (0.05%), iShares MSCI UAE ETF (6.30%), First Trust High Income Strategic Focus ETF (0.10%), First Trust Dorsey Wright Momentum & Low Volatility ETF (1.51%), American Century Short Duration Strategic Income ETF (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling WINC is an investing strategy that aims to generate trading profit from Western Asset Short Duration Income ETF as its price is falling. WINC shares are trading up $0.03 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 Western Asset Short Duration Income 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 WINC, 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 WINC, twice per month. The most recent reporting period available is July, 15 2024.