Global X Telemedicine & Digital Health ETF (EDOC) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Telemedicine & Digital Health ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 5,400 shares of EDOC short. Learn More on Global X Telemedicine & Digital Health ETF's current short interest.

Global X Telemedicine & Digital Health ETF saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 5,400 shares, a decrease of 18.2% from the previous total of 6,600 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 Global X Telemedicine & Digital Health ETF: Global X Clean Tech ETF (0.08%), Global X Aging Population ETF (0.05%), Global X Renewable Energy Producers ETF (0.11%), Invesco ESG NASDAQ 100 ETF (0.63%), Global X Data Center & Digital Infrastructure ETF (21.51%), First Trust S-Network Future Vehicles & Technology ETF (0.28%), IDX Dynamic Innovation ETF (0.01%), iShares ESG MSCI EM Leaders ETF (0.01%), Democratic Large Cap Core ETF (1.06%), Martin Currie Sustainable International Equity ETF (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling EDOC is an investing strategy that aims to generate trading profit from Global X Telemedicine & Digital Health ETF as its price is falling. EDOC shares are trading down $0.14 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 Global X Telemedicine & Digital Health ETF 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 EDOC, 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 EDOC, twice per month. The most recent reporting period available is April, 30 2024.