VanEck Steel ETF (SLX) Short Interest Ratio & Short Volume

Short interest is the volume of VanEck Steel ETF shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 18,700 shares of SLX short. 1.60% of VanEck Steel ETF's shares are currently sold short. Learn More on VanEck Steel 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. SLX shares currently have a short interest ratio of 1.0. Learn More on VanEck Steel ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of VanEck Steel ETF: Simplex Trading 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. 1.60% of VanEck Steel ETF's floating shares are currently sold short.

VanEck Steel ETF saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 18,700 shares, an increase of 222.4% from the previous total of 5,800 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.

1.60% of VanEck Steel ETF's shares are currently sold short. Here is how the short interest of companies compare to VanEck Steel ETF: Direxion Daily Junior Gold Miners Index Bear 2X Shares (6.00%), Global X Gold Explorers ETF (0.27%), MicroSectors Gold Miners -3x Inverse Leveraged ETN (7.73%), Amplify Lithium & Battery Technology ETF (2.22%), iShares Copper and Metals Mining ETF (0.16%), Invesco Dorsey Wright Basic Materials Momentum ETF (0.11%), First Trust Indxx Global Natural Resources Income ETF (0.27%), Invesco MSCI Global Timber ETF (0.09%), ProShares Ultra Materials (0.17%), Xtrackers RREEF Global Natural Resources ETF (0.05%),

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 SLX is an investing strategy that aims to generate trading profit from VanEck Steel ETF as its price is falling. SLX shares are trading up $0.35 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 VanEck Steel 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 SLX, 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 SLX, twice per month. The most recent reporting period available is June, 15 2025.