Inspire 500 ETF (PTL) Short Interest Ratio & Short Volume

Short interest is the volume of Inspire 500 ETF shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 14,200 shares of PTL short. Learn More on Inspire 500 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. PTL shares currently have a short interest ratio of 1.0. Learn More on Inspire 500 ETF's short interest ratio.

Inspire 500 ETF saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 14,200 shares, an increase of 19.3% from the previous total of 11,900 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 Inspire 500 ETF: Global X Cloud Computing ETF (1.93%), Goldman Sachs Hedge Industry VIP ETF (0.73%), NYLI Candriam U.S. Large Cap Equity ETF (0.24%), Emerging Markets Internet ETF (0.13%), YieldMax Magnificent 7 Fund of Option Income ETF (2.99%), VanEck Video Gaming and eSports ETF (0.50%), AdvisorShares Pure US Cannabis ETF (11.22%), Putnam Sustainable Future ETF (0.00%), Avantis Responsible U.S. Equity ETF (0.50%), Inspire 100 ETF (0.42%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($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 PTL is an investing strategy that aims to generate trading profit from Inspire 500 ETF as its price is falling. PTL shares are trading down $0.95 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 Inspire 500 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 PTL, 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 PTL, twice per month. The most recent reporting period available is May, 15 2025.