FOMO (ETFM) Short Interest Ratio & Short Volume

Short interest is the volume of FOMO shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 32,200 shares of ETFM short. Learn More on FOMO's current short interest.

FOMO saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 32,200 shares, a drop of 7.2% from the previous total of 34,700 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 FOMO: Nanophase Technologies Co. (0.00%), CarParts.com, Inc. (1.37%), Beam Global (5.69%), Westport Fuel Systems Inc. (4.57%), Cenntro Inc. (0.94%), Carbon Streaming Corporation (0.01%), Autozi Internet Technology (Global) Ltd. (1.97%), Xos, Inc. (13.46%), Workhorse Group, Inc. (13.63%), REE Automotive Ltd. (1.52%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.19 billion), Charter Communications, Inc. ($5.76 billion), Analog Devices, Inc. ($5.70 billion), S&P Global Inc. ($5.03 billion), Airbnb, Inc. ($4.01 billion), Snap Inc. ($3.54 billion), Nuance Communications, Inc. ($2.72 billion), Expedia Group, Inc. ($2.31 billion), The Kroger Co. ($2.25 billion), and GameStop Corp. ($2.05 billion). View all of the most shorted stocks.

Short selling ETFM is an investing strategy that aims to generate trading profit from FOMO as its price is falling. ETFM shares are trading down $0.00 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 FOMO 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 ETFM, 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 ETFM, twice per month. The most recent reporting period available is April, 30 2021.