ProShares UltraShort Health Care (RXD) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares UltraShort Health Care shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 60,700 shares of RXD short. Learn More on ProShares UltraShort Health Care'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. RXD shares currently have a short interest ratio of 4.0. Learn More on ProShares UltraShort Health Care's short interest ratio.

ProShares UltraShort Health Care saw a increase in short interest in May. As of May 15th, there was short interest totaling 60,700 shares, an increase of 2,328.0% from the previous total of 2,500 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 ProShares UltraShort Health Care: ProShares UltraShort Nasdaq Biotechnology (5.59%), Langar Global HealthTech ETF (0.62%), JPMorgan Healthcare Leaders ETF (0.07%), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (2.70%), Virtus LifeSci Biotech Clinical Trials ETF (9.56%), Harbor Health Care ETF (0.20%), First Trust Nasdaq Pharmaceuticals ETF (2.18%), Virtus LifeSci Biotech Products ETF (1.70%), Invesco Nasdaq Biotechnology ETF (0.32%), ProShares Ultra Nasdaq Biotechnology (1.82%),

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 RXD is an investing strategy that aims to generate trading profit from ProShares UltraShort Health Care as its price is falling. RXD shares are trading down $0.17 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 ProShares UltraShort Health Care 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 RXD, 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 RXD, twice per month. The most recent reporting period available is May, 15 2025.