Principal U.S. Small-Cap Multi-Factor ETF (PSC) Short Interest Ratio & Short Volume

Short interest is the volume of Principal U.S. Small-Cap Multi-Factor ETF shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 14,000 shares of PSC short. Learn More on Principal U.S. Small-Cap Multi-Factor 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. PSC shares currently have a short interest ratio of 1.0. Learn More on Principal U.S. Small-Cap Multi-Factor ETF's short interest ratio.

Principal U.S. Small-Cap Multi-Factor ETF saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 14,000 shares, a drop of 36.4% from the previous total of 22,000 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 Principal U.S. Small-Cap Multi-Factor ETF: First Trust Emerging Markets Small Cap AlphaDEX Fund (0.25%), VictoryShares US Small Cap High Div Volatility Wtd ETF (0.03%), First Trust Small Cap Growth AlphaDEX Fund (0.18%), Vanguard Russell 2000 Value Index Fund ETF Shares (0.50%), VictoryShares US Small Mid Cap Value Momentum ETF (0.48%), iShares MSCI Brazil Small-Cap ETF (0.16%), First Trust Small Cap Value AlphaDEX Fund (0.01%), First Trust Small Cap Core AlphaDEX Fund (0.35%), Vanguard Russell 2000 Growth ETF (1.19%), Invesco DWA SmallCap Momentum ETF (0.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling PSC is an investing strategy that aims to generate trading profit from Principal U.S. Small-Cap Multi-Factor ETF as its price is falling. PSC shares are trading up $0.48 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 Principal U.S. Small-Cap Multi-Factor 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 PSC, 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 PSC, twice per month. The most recent reporting period available is April, 15 2024.