First Trust Nasdaq Semiconductor ETF (FTXL) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Nasdaq Semiconductor ETF shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 27,700 shares of FTXL short. Learn More on First Trust Nasdaq Semiconductor ETF's current short interest.

First Trust Nasdaq Semiconductor ETF saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 27,700 shares, an increase of 27.1% from the previous total of 21,800 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 First Trust Nasdaq Semiconductor ETF: First Trust NASDAQ Technology Dividend Index Fund (0.10%), Invesco Dorsey Wright Technology Momentum ETF (0.04%), Invesco PHLX Semiconductor ETF (0.77%), Invesco S&P SmallCap Information Technology ETF (2.17%), Xtrackers Semiconductor Select Equity ETF (0.05%), First Trust Cloud Computing ETF (0.24%), First Trust NASDAQ 100 Technology Index Fund (1.13%), and iShares Semiconductor ETF (9.28%).

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 FTXL is an investing strategy that aims to generate trading profit from First Trust Nasdaq Semiconductor ETF as its price is falling. FTXL shares are trading up $0.49 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 First Trust Nasdaq Semiconductor 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 FTXL, 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 FTXL, twice per month. The most recent reporting period available is April, 30 2024.