SPDR FactSet Innovative Technology ETF (XITK) Short Interest Ratio & Short Volume

Short interest is the volume of SPDR FactSet Innovative Technology ETF shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 2,200 shares of XITK short. Learn More on SPDR FactSet Innovative Technology 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. XITK shares currently have a short interest ratio of 1.0. Learn More on SPDR FactSet Innovative Technology ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of SPDR FactSet Innovative Technology ETF: Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

SPDR FactSet Innovative Technology ETF saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,200 shares, a decline of 4.3% from the previous total of 2,300 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 SPDR FactSet Innovative Technology ETF: KraneShares China Internet and Covered Call Strategy ETF (0.97%), iShares ESG Advanced MSCI EM ETF (0.92%), Fidelity Disruptors ETF (0.07%), iShares MSCI Agriculture Producers ETF (0.13%), First Trust Indxx Innovative Transaction & Process ETF (0.13%), God Bless America ETF (0.13%), Innovator Deepwater Frontier Tech ETF (1.03%), ALPS Clean Energy ETF (1.94%), Pimco Rafi Esg U.S. Etf (0.03%), VanEck Environmental Services ETF (0.34%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

Short selling XITK is an investing strategy that aims to generate trading profit from SPDR FactSet Innovative Technology ETF as its price is falling. XITK shares are trading up $0.42 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 SPDR FactSet Innovative Technology 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 XITK, 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 XITK, twice per month. The most recent reporting period available is May, 15 2025.