Global X Gold Explorers ETF (GOEX) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Gold Explorers ETF shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 28,200 shares of GOEX short. Learn More on Global X Gold Explorers 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. GOEX shares currently have a short interest ratio of 1.0. Learn More on Global X Gold Explorers ETF's short interest ratio.

Global X Gold Explorers ETF saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 28,200 shares, an increase of 28.8% from the previous total of 21,900 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 Gold Explorers ETF: Sprott Active Gold & Silver Miners ETF (3.79%), First Trust Indxx Global Natural Resources Income ETF (0.15%), VanEck Steel ETF (2.81%), iShares Copper and Metals Mining ETF (0.49%), Direxion Daily Gold Miners Index Bear 2x Shares (4.03%), Amplify Lithium & Battery Technology ETF (0.93%), Invesco S&P 500 Equal Weight Materials ETF (0.13%), Invesco Dorsey Wright Basic Materials Momentum ETF (0.08%), VanEck Natural Resources ETF (0.13%), U.S. Global GO GOLD and Precious Metal Miners ETF (2.85%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($15.71 billion), Robinhood Markets, Inc. ($7.56 billion), Reddit Inc. ($4.55 billion), Coinbase Global, Inc. ($4.53 billion), CoreWeave Inc. ($4.43 billion), Charter Communications, Inc. ($4.07 billion), Seagate Technology Holdings PLC ($3.94 billion), IonQ, Inc. ($3.78 billion), TC Energy Corporation ($3.13 billion), and Live Nation Entertainment, Inc. ($3.12 billion). View all of the most shorted stocks.

Short selling GOEX is an investing strategy that aims to generate trading profit from Global X Gold Explorers ETF as its price is falling. GOEX shares are trading down $5.90 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 Global X Gold Explorers 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 GOEX, 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 GOEX, twice per month. The most recent reporting period available is September, 30 2025.