Technology Select Sector SPDR Fund (XLK) Short Interest Ratio & Short Volume

Short interest is the volume of Technology Select Sector SPDR Fund shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 8,730,000 shares of XLK short. Learn More on Technology Select Sector SPDR Fund'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. XLK shares currently have a short interest ratio of 1.0. Learn More on Technology Select Sector SPDR Fund's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Technology Select Sector SPDR Fund: Quaker Wealth Management LLC, Jane Street Group LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., Edenbrook Capital LLC, Cubist Systematic Strategies LLC, Royal Bank of Canada, Nomura Holdings Inc., Twin Tree Management LP, HAP Trading LLC, Eisler Capital Management Ltd., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Garda Capital Partners LP, Maven Securities LTD, HighTower Advisors LLC, Northeast Financial Group Inc., Citigroup Inc., Dauntless Investment Group LLC, LPL Financial LLC, Allianz Asset Management GmbH, Astra Wealth Partners LLC, Truist Financial Corp, and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Technology Select Sector SPDR Fund saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,730,000 shares, an increase of 12.8% from the previous total of 7,740,000 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 Technology Select Sector SPDR Fund: Vanguard Information Technology ETF (0.16%), VanEck Semiconductor ETF (14.63%), iShares U.S. Technology ETF (0.41%), Fidelity MSCI Information Technology Index ETF (0.30%), iShares Semiconductor ETF (11.64%), Direxion Daily Semiconductors Bull 3x Shares (6.54%), iShares Global Tech ETF (1.06%), First Trust Cloud Computing ETF (0.82%), Invesco S&P 500 Equal Weight Technology ETF (0.60%), First Trust NASDAQ Technology Dividend Index Fund (0.61%),

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 XLK is an investing strategy that aims to generate trading profit from Technology Select Sector SPDR Fund as its price is falling. XLK shares are trading down $0.67 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 Technology Select Sector SPDR Fund 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 XLK, 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 XLK, twice per month. The most recent reporting period available is May, 15 2025.