iShares Silver Trust (SLV) Short Interest Ratio & Short Volume

Short interest is the volume of iShares Silver Trust shares that have been sold short but have not yet been closed out or covered. As of June 15th, traders have sold 41,740,000 shares of SLV short. 7.91% of iShares Silver Trust's shares are currently sold short. Learn More on iShares Silver Trust'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. SLV shares currently have a short interest ratio of 2.0. Learn More on iShares Silver Trust's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of iShares Silver Trust: Quaker Wealth Management LLC, CTC LLC, Parallax Volatility Advisers L.P., Millennium Management LLC, K2 Principal Fund L.P., CMT Capital Markets Trading GmbH, HBK Investments L P, Cubist Systematic Strategies LLC, Quarry LP, Nomura Holdings Inc., Twin Tree Management LP, Susquehanna International Group LLP, HAP Trading LLC, Itau Unibanco Holding S.A., BNP Paribas Financial Markets, Eisler Capital Management Ltd., PEAK6 LLC, Jane Street Group LLC, Walleye Trading LLC, Raymond James Financial Inc., Cresset Asset Management LLC, Citigroup Inc., Belvedere Trading LLC, Baker Avenue Asset Management LP, SG Americas Securities LLC, IMC Chicago LLC, and Key Client Fiduciary Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 7.91% of iShares Silver Trust's floating shares are currently sold short.

iShares Silver Trust saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 41,740,000 shares, an increase of 33.0% from the previous total of 31,390,000 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.

7.91% of iShares Silver Trust's shares are currently sold short. Here is how the short interest of companies compare to iShares Silver Trust: ProShares Ultra Silver (8.58%), abrdn Physical Silver Shares ETF (0.89%), and ProShares UltraShort Silver (2.44%).

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($69.26 billion), Invesco QQQ ($25.22 billion), iShares Russell 2000 ETF ($20.33 billion), iShares 20+ Year Treasury Bond ETF ($9.99 billion), MicroStrategy Incorporated ($9.12 billion), Canadian Natural Resources Limited ($6.73 billion), SPDR S&P Biotech ETF ($6.52 billion), Invesco S&P 500 Equal Weight ETF ($5.60 billion), Financial Select Sector SPDR Fund ($4.64 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.59 billion). View all of the most shorted stocks.

Short selling SLV is an investing strategy that aims to generate trading profit from iShares Silver Trust as its price is falling. SLV shares are trading down $0.72 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 iShares Silver Trust 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 SLV, 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 SLV, twice per month. The most recent reporting period available is June, 15 2025.