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 closed out or covered. As of November 14th, investors have sold 7,252,058 shares of XLK short. 2.25% of Technology Select Sector SPDR Fund's shares are currently sold 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 0.8. 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: PEAK6 LLC, CMT Capital Markets Trading GmbH, Tudor Investment Corp ET AL, Millennium Management LLC, Man Group plc, Balyasny Asset Management L.P., Northeast Financial Group Inc., Jain Global LLC, Private Advisor Group LLC, Royal Bank of Canada, ADAPT Investment Managers SA, Squarepoint Ops LLC, Walleye Trading LLC, PEAK6 LLC, Barclays PLC, Volterra Technologies LP, Marshall Wace LLP, RH Tailwind Management LLC, Walleye Capital LLC, Wells Fargo & Company MN, CI Investments Inc., Jane Street Group LLC, Cibc World Markets Corp, CMT Capital Markets Trading GmbH, Group One Trading LLC, LPL Financial LLC, Lido Advisors LLC, Goldman Sachs Group Inc., and BNP Paribas Financial Markets. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 2.25% of Technology Select Sector SPDR Fund's floating shares are currently sold short.

Technology Select Sector SPDR Fund saw a increase in short interest during the month of November. As of November 14th, there was short interest totaling 7,252,058 shares, an increase of 6.9% from the previous total of 6,783,489 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.

2.25% of Technology Select Sector SPDR Fund's shares are currently sold short. Here is how the short interest of companies compare to Technology Select Sector SPDR Fund: Vanguard Information Technology ETF (0.03%), VanEck Semiconductor ETF (9.53%), iShares U.S. Technology ETF (1.19%), Fidelity MSCI Information Technology Index ETF (0.37%), Direxion Daily Semiconductors Bull 3x Shares (8.20%), iShares Global Tech ETF (1.39%), Direxion Daily Technology Bull 3X Shares (1.36%), Invesco S&P 500 Equal Weight Technology ETF (0.38%), First Trust NASDAQ Technology Dividend Index Fund (0.32%), JPMorgan U.S. Tech Leaders ETF (0.31%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($79.41 billion), Invesco QQQ ($31.14 billion), iShares Russell 2000 ETF ($20.32 billion), iShares 20+ Year Treasury Bond ETF ($12.61 billion), AppLovin Corporation ($9.14 billion), Palo Alto Networks, Inc. ($8.94 billion), SPDR S&P Biotech ETF ($8.68 billion), iShares iBoxx $ High Yield Corporate Bond ETF ($6.85 billion), Robinhood Markets, Inc. ($5.59 billion), and Strategy Inc ($5.49 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 up $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 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 November, 14 2025.