ALPS Medical Breakthroughs ETF (SBIO) Short Interest Ratio & Short Volume

Short interest is the volume of ALPS Medical Breakthroughs ETF shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 16,100 shares of SBIO short. Learn More on ALPS Medical Breakthroughs 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. SBIO shares currently have a short interest ratio of 1.0. Learn More on ALPS Medical Breakthroughs ETF's short interest ratio.

ALPS Medical Breakthroughs ETF saw a increase in short interest in July. As of July 15th, there was short interest totaling 16,100 shares, an increase of 172.9% from the previous total of 5,900 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 ALPS Medical Breakthroughs ETF: SPDR S&P Health Care Services ETF (12.12%), Simplify Propel Opportunities ETF (0.21%), Direxion Daily S&P Biotech Bear 3x Shares (12.47%), ProShares Ultra Health Care (0.07%), Invesco Dorsey Wright Healthcare Momentum ETF (0.26%), ProShares Ultra Nasdaq Biotechnology (1.16%), KraneShares MSCI All China Health Care Index ETF (0.71%), Invesco Nasdaq Biotechnology ETF (0.41%), Simplify Health Care ETF (0.66%), Virtus LifeSci Biotech Products ETF (1.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling SBIO is an investing strategy that aims to generate trading profit from ALPS Medical Breakthroughs ETF as its price is falling. SBIO shares are trading down $0.52 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 ALPS Medical Breakthroughs 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 SBIO, 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 SBIO, twice per month. The most recent reporting period available is July, 15 2025.