VanEck Natural Resources ETF (HAP) Short Interest Ratio & Short Volume

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. HAP shares currently have a short interest ratio of 3.2. Learn More on VanEck Natural Resources ETF'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. 1.84% of VanEck Natural Resources ETF's floating shares are currently sold short.

VanEck Natural Resources ETF saw a increase in short interest in April. As of April 30th, there was short interest totaling 78,981 shares, an increase of 467.5% from the previous total of 13,918 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.

1.84% of VanEck Natural Resources ETF's shares are currently sold short. Here is how the short interest of companies compare to VanEck Natural Resources ETF: iShares Global Materials ETF (0.52%), Sprott Junior Gold Miners ETF (0.45%), Sprott Copper Miners ETF (0.60%), First Trust Materials AlphaDEX Fund (1.23%), iShares Copper and Metals Mining ETF (0.38%), U.S. Global GO GOLD and Precious Metal Miners ETF (0.39%), Invesco S&P 500 Equal Weight Materials ETF (0.53%), VanEck Steel ETF (2.27%), First Trust Indxx Global Natural Resources Income ETF (0.19%), Amplify Lithium & Battery Technology ETF (3.79%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($86.09 billion), Invesco QQQ ($39.89 billion), iShares Russell 2000 ETF ($26.13 billion), Western Digital Corporation ($12.66 billion), Salesforce Inc. ($12.29 billion), Sandisk Corporation ($11.87 billion), SPDR S&P Biotech ETF ($9.82 billion), Lumentum Holdings Inc. ($8.51 billion), iShares 20+ Year Treasury Bond ETF ($7.76 billion), and Bloom Energy Corporation ($7.40 billion). View all of the most shorted stocks.

Short selling HAP is an investing strategy that aims to generate trading profit from VanEck Natural Resources ETF as its price is falling. HAP shares are trading up $0.12 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 VanEck Natural Resources 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 HAP, 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 HAP, twice per month. The most recent reporting period available is April, 30 2026.