MAX Auto Industry 3x Leveraged ETN (CARU) Short Interest Ratio & Short Volume

Short interest is the volume of MAX Auto Industry 3x Leveraged ETN shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 5,850 shares of CARU short. 3.66% of MAX Auto Industry 3x Leveraged ETN's shares are currently sold short. Learn More on MAX Auto Industry 3x Leveraged ETN'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. CARU shares currently have a short interest ratio of 2.2. Learn More on MAX Auto Industry 3x Leveraged ETN's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 3.66% of MAX Auto Industry 3x Leveraged ETN's floating shares are currently sold short.

MAX Auto Industry 3x Leveraged ETN saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 5,850 shares, an increase of 1,403.9% from the previous total of 389 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.

3.66% of MAX Auto Industry 3x Leveraged ETN's shares are currently sold short. Here is how the short interest of companies compare to MAX Auto Industry 3x Leveraged ETN: ProShares UltraShort Consumer Discretionary (4.14%), MicroSectors Travel 3x Leveraged ETN (0.47%), MAX Auto Industry -3x Inverse Leveraged ETN (4.38%), MicroSectors Travel -3x Inverse Leveraged ETN (3.95%), Direxion Daily Consumer Discretionary Bull 3x Shares (2.84%), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (0.29%), Direxion Daily Retail Bull 3X Shares (1.13%), Amplify Online Retail ETF (1.21%), Global X MSCI China Consumer Discretionary ETF (0.19%), Columbia India Consumer ETF (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($87.50 billion), Invesco QQQ ($42.26 billion), iShares Russell 2000 ETF ($24.79 billion), Salesforce Inc. ($13.16 billion), SPDR S&P Biotech ETF ($10.01 billion), Western Digital Corporation ($9.77 billion), Sandisk Corporation ($8.69 billion), iShares 20+ Year Treasury Bond ETF ($8.06 billion), CoreWeave Inc. ($7.67 billion), and iShares iBoxx $ High Yield Corporate Bond ETF ($7.64 billion). View all of the most shorted stocks.

Short selling CARU is an investing strategy that aims to generate trading profit from MAX Auto Industry 3x Leveraged ETN as its price is falling. CARU shares are trading up $0.54 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 MAX Auto Industry 3x Leveraged ETN 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 CARU, 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 CARU, twice per month. The most recent reporting period available is April, 15 2026.