First Trust Dow 30 Equal Weight ETF (EDOW) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Dow 30 Equal Weight ETF shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 42,100 shares of EDOW short. Learn More on First Trust Dow 30 Equal Weight 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. EDOW shares currently have a short interest ratio of 1.0. Learn More on First Trust Dow 30 Equal Weight ETF's short interest ratio.

First Trust Dow 30 Equal Weight ETF saw a increase in short interest in May. As of May 15th, there was short interest totaling 42,100 shares, an increase of 1,904.8% from the previous total of 2,100 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 First Trust Dow 30 Equal Weight ETF: Fidelity International Value Factor ETF (0.89%), ProShares UltraPro Short Dow30 (11.29%), Bahl & Gaynor Income Growth ETF (0.14%), Invesco India ETF (0.30%), First Trust India NIFTY 50 Equal Weight ETF (0.16%), VictoryShares Dividend Accelerator ETF (0.02%), VictoryShares Small Cap Free Cash Flow ETF (0.05%), Macquarie Focused Large Growth ETF (0.56%), ProShares S&P 500 Ex-Technology ETF (0.16%), Dimensional Emerging Markets High Profitability ETF (0.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

Short selling EDOW is an investing strategy that aims to generate trading profit from First Trust Dow 30 Equal Weight ETF as its price is falling. EDOW shares are trading down $0.18 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 First Trust Dow 30 Equal Weight 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 EDOW, 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 EDOW, twice per month. The most recent reporting period available is May, 15 2025.