SPDR S&P Oil & Gas Exploration & Production ETF (XOP) Short Interest Ratio & Short Volume

Short interest is the volume of SPDR S&P Oil & Gas Exploration & Production ETF shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 19,480,000 shares of XOP short. Learn More on SPDR S&P Oil & Gas Exploration & Production 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. XOP shares currently have a short interest ratio of 5.0. Learn More on SPDR S&P Oil & Gas Exploration & Production 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 S&P Oil & Gas Exploration & Production ETF: Jane Street Group LLC, York Capital Management Global Advisors LLC, Aristeia Capital L.L.C., CTC LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., AYAL Capital Advisors Ltd, HBK Investments L P, Elliott Investment Management L.P., Royal Bank of Canada, Nomura Holdings Inc., DRW Securities LLC, Eisler Capital Management Ltd., PEAK6 LLC, Jane Street Group LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Maven Securities LTD, Citigroup Inc., Allianz Asset Management GmbH, Private Advisor Group LLC, and Caas Capital Management LP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

SPDR S&P Oil & Gas Exploration & Production ETF saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 19,480,000 shares, an increase of 3.1% from the previous total of 18,900,000 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 SPDR S&P Oil & Gas Exploration & Production ETF: Global X MLP ETF (0.79%), iShares Global Energy ETF (0.45%), Sprott Uranium Miners ETF (3.82%), Fidelity MSCI Energy Index ETF (0.11%), Global X MLP & Energy Infrastructure ETF (1.13%), iShares U.S. Energy ETF (2.32%), VanEck Oil Services ETF (66.27%), FT Energy Income Partners Enhanced Income ETF (0.01%), Tortoise North American Pipeline Fund (0.02%), First Trust North American Energy Infrastructure Fund (0.44%),

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 XOP is an investing strategy that aims to generate trading profit from SPDR S&P Oil & Gas Exploration & Production ETF as its price is falling. XOP shares are trading down $0.30 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 S&P Oil & Gas Exploration & Production 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 XOP, 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 XOP, twice per month. The most recent reporting period available is May, 15 2025.