ProShares UltraShort Utilities (SDP) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares UltraShort Utilities shares that have been sold short but have not yet been covered or closed out. As of May 31st, traders have sold 18,600 shares of SDP short. 9.95% of ProShares UltraShort Utilities' shares are currently sold short. Learn More on ProShares UltraShort Utilities' 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. SDP shares currently have a short interest ratio of 1.0. Learn More on ProShares UltraShort Utilities's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 9.95% of ProShares UltraShort Utilities' floating shares are currently sold short.

ProShares UltraShort Utilities saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 18,600 shares, a decline of 41.7% from the previous total of 31,900 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.

9.95% of ProShares UltraShort Utilities' shares are currently sold short. Here is how the short interest of companies compare to ProShares UltraShort Utilities: Invesco S&P SmallCap Utilities & Communication Services ETF (0.38%), ProShares Ultra Utilities (0.73%), Direxion Daily Utilities Bull 3X Shares (5.69%), Invesco Dorsey Wright Utilities Momentum ETF (0.02%), iShares Global Utilities ETF (0.54%), Invesco S&P 500 Equal Weight Utilities ETF (0.31%), Virtus Reaves Utilities ETF (1.57%), iShares U.S. Utilities ETF (0.49%), First Trust Utilities AlphaDEX Fund (0.32%), Fidelity MSCI Utilities Index ETF (0.26%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), MicroStrategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling SDP is an investing strategy that aims to generate trading profit from ProShares UltraShort Utilities as its price is falling. SDP shares are trading down $0.26 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 Utilities 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 SDP, 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 SDP, twice per month. The most recent reporting period available is May, 31 2025.