Defiance Daily Target 2X Long Uranium ETF (URAX) Short Interest Ratio & Short Volume

Short interest is the volume of Defiance Daily Target 2X Long Uranium ETF shares that have been sold short but have not yet been closed out or covered. As of March 14th, traders have sold 1,700 shares of URAX short. Learn More on Defiance Daily Target 2X Long Uranium ETF's current short interest.

Defiance Daily Target 2X Long Uranium ETF saw a decline in short interest in the month of March. As of March 14th, there was short interest totaling 1,700 shares, a decline of 87.7% from the previous total of 13,800 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.

Here is how the short interest of companies compare to Defiance Daily Target 2X Long Uranium ETF: Range Global Offshore Oil Services Index ETF (1.64%), Range Global LNG Ecosystem Index ETF (0.42%), MicroSectors Energy -3X Inverse Leveraged ETN (2.88%), Breakwave Tanker Shipping ETF (0.80%), ProShares UltraShort Energy (3.50%), MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (10.50%), Amplify Natural Resources Dividend Income ETF (0.09%), Global X MLP & Energy Infrastructure Covered Call ETF (1.35%), and Defiance Next Gen H2 ETF (3.26%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Domino's Pizza Inc ($736.25 million), The Campbell's Company ($649.30 million), Science Applications International Co. ($285.09 million), Brookfield Infrastructure Co. ($244.13 million), Renasant Co. ($199.30 million), Dream Finders Homes, Inc. ($153.47 million), Xerox Holdings Co. ($145.39 million), First Advantage Co. ($78.80 million), Zymeworks Inc. ($66.40 million), and Kforce Inc. ($53.83 million). View all of the most shorted stocks.

Short selling URAX is an investing strategy that aims to generate trading profit from Defiance Daily Target 2X Long Uranium ETF as its price is falling. 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 Defiance Daily Target 2X Long Uranium 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 URAX, 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 URAX, twice per month. The most recent reporting period available is March, 14 2025.