VanEck Africa Index ETF (AFK) Short Interest Ratio & Short Volume

Short interest is the volume of VanEck Africa Index ETF shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 76,600 shares of AFK short. Learn More on VanEck Africa Index 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. AFK shares currently have a short interest ratio of 4.0. Learn More on VanEck Africa Index ETF's short interest ratio.

VanEck Africa Index ETF saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 76,600 shares, an increase of 71.4% from the previous total of 44,700 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.

Here is how the short interest of companies compare to VanEck Africa Index ETF: Direxion Daily MSCI India Bull 2x Shares (5.98%), Innovator Emerging Markets Power Buffer ETF - October (0.29%), Direxion Daily MSCI Emerging Markets Bull 3X Shares (6.27%), iShares MSCI BIC ETF (0.17%), Matthews Emerging Markets Sustainable Future Active ETF (0.29%), ProShares Ultra MSCI Emerging Markets (16.44%), Direxion Daily MSCI Mexico Bull 3X Shares (1.33%), ProShares Ultra FTSE China 50 (3.41%), Direxion Daily MSCI Emerging Markets Bear 3X Shares (16.05%), Direxion Daily MSCI Brazil Bull 2X Shares (6.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling AFK is an investing strategy that aims to generate trading profit from VanEck Africa Index ETF as its price is falling. AFK shares are trading up $0.07 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 Africa Index 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 AFK, 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 AFK, twice per month. The most recent reporting period available is July, 15 2025.