ProShares S&P 500 EX-Financials ETF (SPXN) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares S&P 500 EX-Financials ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 200 shares of SPXN short. Learn More on ProShares S&P 500 EX-Financials ETF's current short interest.

ProShares S&P 500 EX-Financials ETF saw a decline in short interest in April. As of April 30th, there was short interest totaling 200 shares, a decline of 33.3% from the previous total of 300 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 S&P 500 EX-Financials ETF: Calamos S&P 500 Structured Alt Protection ETF - May (0.89%), ProShares UltraShort Dow30 (1.89%), ProShares S&P 500 Ex-Energy ETF (0.01%), Direxion Daily S&P 500 High Beta Bull 3X Shares (3.19%), Xtrackers Russell 1000 US QARP ETF (2.83%), Innovator Buffer Step-Up Strategy ETF (0.56%), Putnam Focused Large Cap Growth ETF (0.06%), Principal Quality ETF (1.01%), First Trust Multi-Manager Large Growth ETF (0.01%), First Trust S&P 500 Diversified Dividend Aristocrats ETF (0.13%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology S.A. ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Co. ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit, Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling SPXN is an investing strategy that aims to generate trading profit from ProShares S&P 500 EX-Financials ETF as its price is falling. SPXN shares are trading down $0.41 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 S&P 500 EX-Financials 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 SPXN, 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 SPXN, twice per month. The most recent reporting period available is April, 30 2025.