Global X Financials Covered Call & Growth ETF (FYLG) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Financials Covered Call & Growth ETF shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 3,700 shares of FYLG short. Learn More on Global X Financials Covered Call & Growth 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. FYLG shares currently have a short interest ratio of 5.0. Learn More on Global X Financials Covered Call & Growth ETF's short interest ratio.

Global X Financials Covered Call & Growth ETF saw a increase in short interest in January. As of January 31st, there was short interest totaling 3,700 shares, an increase of 54.2% from the previous total of 2,400 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 Global X Financials Covered Call & Growth ETF: Tuttle Capital Daily 2X Inverse Regional Banks ETF (1.48%), Gabelli Financial Services Opportunities ETF (0.57%), Themes Global Systemically Important Banks ETF (2.73%), ProShares Short Financials (5.41%), ProShares UltraShort Financials (2.66%), ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (0.13%), Invesco S&P SmallCap Financials ETF (1.05%), ETRACS MarketVector Business Development Companies Liquid Index ETN (0.04%), Invesco KBW Regional Banking ETF (1.10%), First Trust NASDAQ ABA Community Bank Index Fund (1.45%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling FYLG is an investing strategy that aims to generate trading profit from Global X Financials Covered Call & Growth ETF as its price is falling. 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 Global X Financials Covered Call & Growth 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 FYLG, 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 FYLG, twice per month. The most recent reporting period available is January, 31 2025.