ProShares Smart Materials ETF (TINT) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares Smart Materials ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 1,100 shares of TINT short. Learn More on ProShares Smart Materials 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. TINT shares currently have a short interest ratio of 11.0. Learn More on ProShares Smart Materials ETF's short interest ratio.

Here is how the short interest of companies compare to ProShares Smart Materials ETF: Global X Wind Energy ETF (5.19%), Global X Interest Rate Volatility & Inflation Hedge ETF (0.13%), Pacer BlueStar Engineering the Future ETF (0.83%), Global X PropTech ETF (0.60%), Themes Cybersecurity ETF (7.33%), First Trust Bloomberg Inflation Sensitive Equity ETF (47.00%), Themes Robotics & Automation ETF (5.33%), and Gabelli Growth Innovators ETF (1.41%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Corporation ($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 TINT is an investing strategy that aims to generate trading profit from ProShares Smart Materials ETF as its price is falling. TINT shares are trading down $0.15 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 Smart Materials 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 TINT, 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 TINT, twice per month. The most recent reporting period available is April, 30 2025.