Pacer American Energy Independence ETF (USAI) Short Interest Ratio & Short Volume

Short interest is the volume of Pacer American Energy Independence ETF shares that have been sold short but have not yet been closed out or covered. As of March 14th, traders have sold 14,100 shares of USAI short. Learn More on Pacer American Energy Independence 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. USAI shares currently have a short interest ratio of 1.0. Learn More on Pacer American Energy Independence ETF's short interest ratio.

Pacer American Energy Independence ETF saw a decline in short interest in the month of March. As of March 14th, there was short interest totaling 14,100 shares, a decline of 6.0% from the previous total of 15,000 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.

Here is how the short interest of companies compare to Pacer American Energy Independence ETF: iShares MSCI Global Energy Producers ETF (0.08%), VanEck Energy Income ETF (0.16%), ProShares Ultra Energy (1.50%), iShares U.S. Oil Equipment & Services ETF (3.45%), Invesco Energy Exploration & Production ETF (0.51%), First Trust Nasdaq Oil & Gas ETF (0.31%), Westwood Salient Enhanced Midstream Income ETF (0.55%), Invesco S&P SmallCap Energy ETF (0.97%), Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares (5.66%), Global X Hydrogen ETF (0.07%),

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 USAI is an investing strategy that aims to generate trading profit from Pacer American Energy Independence ETF as its price is falling. USAI shares are trading down $0.18 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 Pacer American Energy Independence 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 USAI, 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 USAI, twice per month. The most recent reporting period available is March, 14 2025.