ProShares Bitcoin ETF (BITO) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares Bitcoin ETF shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 20,960,000 shares of BITO short. Learn More on ProShares Bitcoin 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. BITO shares currently have a short interest ratio of 2.0. Learn More on ProShares Bitcoin 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 ProShares Bitcoin ETF: Bluefin Capital Management LLC, Jane Street Group LLC, CMT Capital Markets Trading GmbH, Walleye Trading LLC, and Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

ProShares Bitcoin ETF saw a increase in short interest in September. As of September 15th, there was short interest totaling 20,960,000 shares, an increase of 11.1% from the previous total of 18,860,000 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 ProShares Bitcoin ETF: Bitwise Bitcoin ETF (0.25%), Grayscale Bitcoin Mini Trust ETF (0.68%), ProShares Ultra Bitcoin ETF (3.28%), 2x Solana ETF (2.58%), Ultra Ether ETF (2.54%), CoinShares Valkyrie Bitcoin Fund (5.95%), Teucrium 2x Long Daily XRP ETF (11.58%), Solana ETF (11.75%), Bitwise Ethereum ETF (3.73%), Xrp Etf (0.90%),

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 BITO is an investing strategy that aims to generate trading profit from ProShares Bitcoin ETF as its price is falling. BITO shares are trading down $0.75 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 ProShares Bitcoin 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 BITO, 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 BITO, twice per month. The most recent reporting period available is September, 15 2025.