Range Global Offshore Oil Services Index ETF (OFOS) Short Interest Ratio & Short Volume

Short interest is the volume of Range Global Offshore Oil Services Index ETF shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 3,600 shares of OFOS short. Learn More on Range Global Offshore Oil Services Index ETF's current short interest.

Range Global Offshore Oil Services Index ETF saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,600 shares, an increase of 80.0% from the previous total of 2,000 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 Range Global Offshore Oil Services Index ETF: Defiance Daily Target 2X Long Uranium ETF (0.36%), Range Global LNG Ecosystem Index ETF (0.42%), MicroSectors Energy -3X Inverse Leveraged ETN (2.88%), Breakwave Tanker Shipping ETF (0.80%), ProShares UltraShort Energy (3.50%), MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (10.50%), Amplify Natural Resources Dividend Income ETF (0.09%), Global X MLP & Energy Infrastructure Covered Call ETF (1.35%), and Defiance Next Gen H2 ETF (3.26%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Corporation ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling OFOS is an investing strategy that aims to generate trading profit from Range Global Offshore Oil Services Index ETF as its price is falling. OFOS shares are trading down $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 Range Global Offshore Oil Services Index 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 OFOS, 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 OFOS, twice per month. The most recent reporting period available is April, 30 2025.