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Franklin Income Focus ETF (INCM) Short Interest Ratio & Short Volume

Franklin Income Focus ETF logo
$28.64 -0.09 (-0.30%)
As of 09:55 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Franklin Income Focus ETF Short Interest Overview

As of September 30, 2026, Franklin Income Focus ETF (INCM) had a short interest of 106,843 shares sold short, representing 0.16% of the public float. This marks a -42.12% decrease in short interest since the prior report. The short interest ratio (days to cover) is 0.2, meaning it would take 0.2 days of the average trading volume of 369,924 shares to cover all short positions.

Current Short Interest
106,843 shares
Previous Short Interest
184,604 shares
Change Vs. Previous Month
-42.12%
Dollar Volume Sold Short
$3.04 million
Short Interest Ratio
0.2 Days to Cover
Last Record Date
September 30, 2026
Outstanding Shares
66,750,000 shares
Short Percent of Float
0.16%
Today's Trading Volume
44,616 shares
Average Trading Volume
369,924 shares
Today's Volume Vs. Average
12%
Short Selling Franklin Income Focus ETF?
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Skip Charts & View Short Interest History

INCM Short Interest Over Time

INCM Days to Cover Over Time

INCM Percentage of Float Shorted Over Time

Franklin Income Focus ETF Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
9/30/2026106,843 shares $3.04 million -42.1%0.2%0.23 $28.46
9/15/2026184,604 shares $5.39 million +84.2%0.3%0.47 $29.18
8/31/2026100,217 shares $2.95 million +338.9%0.2%0.27 $29.44
8/14/202622,835 shares $676.60 thousand -77.0%0.0%0.06 $29.63
7/31/202699,470 shares $2.90 million -45.5%0.2%0.23 $29.14
7/15/2026182,519 shares $5.30 million +113.0%0.3%0.45 $29.03
6/30/202685,710 shares $2.47 million -40.2%0.2%0.24 $28.85
6/15/2026143,382 shares $4.21 million +8.9%0.3%0.33 $29.38
5/29/2026131,696 shares $3.87 million +4.6%0.3%0.36 $29.40
5/15/2026125,910 shares $3.66 million -22.0%0.3%0.33 $29.05
4/30/2026161,503 shares $4.73 million +147.3%0.3%0.53 $29.30
4/15/202665,301 shares $1.90 million -39.2%0.1%0.22 $29.17
3/31/2026107,380 shares $3.09 million -17.6%0.2%0.36 $28.75
3/13/2026130,357 shares $3.76 million +111.0%0.3%0.36 $28.83
2/27/202661,780 shares $1.82 million +0.2%0.1%0.2 $29.46
2/13/202661,662 shares $1.82 million +68.7%0.1%0.16 $29.48
1/30/202636,548 shares $1.06 million -43.1%0.1%0.1 $28.90
1/15/202664,210 shares $1.84 million +16.1%0.2%0.19 $28.64
12/31/202555,287 shares $1.55 million +24.7%0.1%0.2 $28.04
12/15/202544,337 shares $1.25 million -22.9%0.1%0.15 $28.14
11/28/202557,525 shares $1.61 million +103.2%0.2%0.21 $28.03
11/14/202528,304 shares $786.85 thousand -35.1%0.1%0.1 $27.80
10/31/202543,606 shares $1.21 million +132.9%0.1%0.16 $27.67
10/15/202518,700 shares $519.11 thousand -7.0%0.1%0.1 $27.76
9/30/202520,100 shares $557.57 thousand +2.6%N/A0.1 $27.74
9/15/202519,600 shares $542.92 thousand -41.8%N/A0.1 $27.70
8/31/202533,700 shares $931.47 thousand +240.4%0.1%0.2 $27.64
8/15/20259,900 shares $271.36 thousand -92.7%N/A0 $27.41
7/31/2025135,300 shares $3.67 million +95.8%0.5%0.7 $27.13
7/15/202569,100 shares $1.87 million -23.2%N/A0.4 $27.10
6/30/202590,000 shares $2.43 million -17.7%0.3%0.5 $27.05
6/15/2025109,300 shares $2.93 million +47.7%0.4%0.6 $26.78
5/31/202574,000 shares $1.96 million -59.2%0.3%0.4 $26.45
5/15/2025181,500 shares $4.82 million +156.4%N/A1 $26.53
4/30/202570,800 shares $1.84 million -6.8%N/A0.4 $26.00
4/15/202576,000 shares $1.95 million -36.1%N/A0.4 $25.64
3/14/202574,400 shares $1.98 million -1.7%N/A0.4 $26.60
2/14/202558,100 shares $1.56 million +70.9%N/A0.4 $26.84
1/31/202534,000 shares $902.70 thousand -25.1%N/A0.2 $26.55
1/15/202545,400 shares $1.20 million -42.5%N/A0.3 $26.36
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INCM Short Interest - Frequently Asked Questions

Short interest is the volume of Franklin Income Focus ETF shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 106,843 shares of INCM short. 0.16% of Franklin Income Focus ETF's shares are currently sold short. Learn More on Franklin Income Focus 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. INCM shares currently have a short interest ratio of 0.2. Learn More on Franklin Income Focus 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. 0.16% of Franklin Income Focus ETF's floating shares are currently sold short.

Franklin Income Focus ETF saw a drop in short interest during the month of September. As of September 30th, there was short interest totaling 106,843 shares, a drop of 42.1% from the previous total of 184,604 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.

0.16% of Franklin Income Focus ETF's shares are currently sold short. Here is how the short interest of companies compare to Franklin Income Focus ETF: SMI 3Fourteen REAL Asset Allocation ETF (0.23%), Elm Market Navigator ETF (0.08%), iShares U.S. Industry Rotation Active ETF (1.19%), The Brinsmere Fund Growth ETF (0.00%), YieldMax Universe Fund of Option Income ETF (6.22%), The Brinsmere Fund Conservative ETF (0.08%), Nicholas Crypto Income ETF (1.07%), Fairlead Tactical Sector ETF (0.03%), Yoke Core ETF (0.29%), Ned Davis Research 360 Dynamic Allocation ETF (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($75.10 billion), Invesco QQQ ($52.12 billion), iShares Russell 2000 ETF ($25.28 billion), SPDR S&P Biotech ETF ($11.70 billion), Nebius Group N.V. ($10.54 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($9.69 billion), iShares iBoxx $ High Yield Corporate Bond ETF ($9.22 billion), iShares 20+ Year Treasury Bond ETF ($8.80 billion), Financial Select Sector SPDR Fund ($7.65 billion), and Lumentum Holdings Inc. ($7.23 billion). View all of the most shorted stocks.

Short selling INCM is an investing strategy that aims to generate trading profit from Franklin Income Focus ETF as its price is falling. INCM shares are trading up $0.01 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 Franklin Income Focus ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of INCM, 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 INCM, twice per month. The most recent reporting period available is September, 30 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like INCM:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



Short interest data for NYSEARCA:INCM is sourced from the Financial Industry Regulatory Authority (FINRA), with the most recent report published on 10/9/2026. FINRA publishes updated short interest twice a month.
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