SPDR S&P Health Care Equipment ETF (XHE) Short Interest Ratio & Short Volume

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. XHE shares currently have a short interest ratio of 10.8. Learn More on SPDR S&P Health Care Equipment ETF's short interest ratio.

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. 39.19% of SPDR S&P Health Care Equipment ETF's floating shares are currently sold short.

SPDR S&P Health Care Equipment ETF saw a increase in short interest in April. As of April 30th, there was short interest totaling 626,989 shares, an increase of 112.3% from the previous total of 295,343 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.

39.19% of SPDR S&P Health Care Equipment ETF's shares are currently sold short. Here is how the short interest of companies compare to SPDR S&P Health Care Equipment ETF: Invesco S&P SmallCap Health Care ETF (0.87%), Invesco Dorsey Wright Healthcare Momentum ETF (0.32%), Direxion Daily Healthcare Bull 3x Shares (4.49%), F/m Emerald Life Sciences Innovation ETF (0.11%), SPDR S&P Health Care Services ETF (32.61%), ALPS Medical Breakthroughs ETF (1.09%), Direxion Daily S&P Biotech Bear 3x Shares (34.98%), Simplify Propel Opportunities ETF (0.09%), KraneShares MSCI All China Health Care Index ETF (8.99%), ProShares Ultra Nasdaq Biotechnology (1.33%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($86.09 billion), Invesco QQQ ($39.89 billion), iShares Russell 2000 ETF ($26.13 billion), Western Digital Corporation ($12.66 billion), Salesforce Inc. ($12.29 billion), Sandisk Corporation ($11.87 billion), SPDR S&P Biotech ETF ($9.82 billion), Lumentum Holdings Inc. ($8.51 billion), iShares 20+ Year Treasury Bond ETF ($7.76 billion), and Bloom Energy Corporation ($7.40 billion). View all of the most shorted stocks.

Short selling XHE is an investing strategy that aims to generate trading profit from SPDR S&P Health Care Equipment 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 SPDR S&P Health Care Equipment 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 XHE, 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 XHE, twice per month. The most recent reporting period available is April, 30 2026.