Principal Spectrum Preferred Securities Active ETF (PREF) Short Interest Ratio & Short Volume

Short interest is the volume of Principal Spectrum Preferred Securities Active ETF shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 61,100 shares of PREF short. Learn More on Principal Spectrum Preferred Securities Active ETF's current short interest.

Principal Spectrum Preferred Securities Active ETF saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 61,100 shares, a decline of 27.2% from the previous total of 83,900 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 Principal Spectrum Preferred Securities Active ETF: Virtus InfraCap U.S. Preferred Stock ETF (0.68%), SPDR ICE Preferred Securities ETF (0.14%), Invesco Financial Preferred ETF (0.10%), VanEck Preferred Securities ex Financials ETF (0.07%), Invesco Variable Rate Preferred ETF (0.41%), Global X Variable Rate Preferred ETF (0.09%), Global X U.S. Preferred ETF (1.36%), Global X SuperIncome Preferred ETF (0.06%), Nuveen Preferred and Income ETF (0.61%), ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), MicroStrategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Corporation ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

Short selling PREF is an investing strategy that aims to generate trading profit from Principal Spectrum Preferred Securities Active ETF as its price is falling. PREF 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 Principal Spectrum Preferred Securities Active 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 PREF, 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 PREF, twice per month. The most recent reporting period available is May, 15 2025.