Magnificent Seven ETF (MAGS) Short Interest Ratio & Short Volume → Healthcare Takes A Big Step Forward With The Help Of AI (From The Bull Report) (Ad) Free MAGS Stock Alerts $40.83 +0.42 (+1.04%) (As of 05/15/2024 ET) Add Compare Share Share Short InterestStock AnalysisChartDividendHeadlinesHoldingsShort InterestSocial MediaStock AnalysisChartDividendHeadlinesHoldingsShort InterestSocial Media Magnificent Seven ETF Short Interest DataCurrent Short Volume139,600 sharesPrevious Short Volume91,600 sharesChange Vs. Previous Month+52.40%Dollar Volume Sold Short$5.34 millionShort Interest Ratio / Days to Cover0.6Last Record DateApril 30, 2024Outstanding Shares6,480,000 sharesPercentage of Shares Shorted2.15%Today's Trading Volume169,357 sharesAverage Trading Volume203,592 sharesToday's Volume Vs. Average83% Short Selling Magnificent Seven ETF ? Sign up to receive the latest short interest report for Magnificent Seven ETF and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatMAGS Short Interest Over TimeMAGS Days to Cover Over TimeMAGS Percentage of Float Shorted Over Time Ad Manward PressAmazon's betting big on this unknown AI companyAmazon's Betting Big on This Unknown AI Company Amazon has just made a stunning $144 million investment in one small AI company.Discover why this company Magnificent Seven ETF Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/2024139,600 shares $5.34 million +52.4%N/A0.6 $38.25 4/15/202491,600 shares $3.54 million +22.8%N/A0.4 $38.65 3/31/202474,600 shares $2.92 million +30.4%N/A0.4 $39.15 3/15/202457,200 shares $2.18 million +16.5%N/A0.3 $38.06 2/29/202449,100 shares $1.88 million +1.5%N/A0.3 $38.22 2/15/202448,400 shares $1.81 million -27.3%N/A0.3 $37.33 1/31/202466,600 shares $2.27 million No ChangeN/A0.6 $34.11 MAGS Short Interest - Frequently Asked Questions What is Magnificent Seven ETF's current short interest? Short interest is the volume of Magnificent Seven ETF shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 139,600 shares of MAGS short. Learn More on Magnificent Seven ETF's current short interest. What is a good short interest ratio for Magnificent Seven ETF? 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. MAGS shares currently have a short interest ratio of 1.0. Learn More on Magnificent Seven ETF's short interest ratio. Is Magnificent Seven ETF's short interest increasing or decreasing? Magnificent Seven ETF saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 139,600 shares, an increase of 52.4% from the previous total of 91,600 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. How does Magnificent Seven ETF's short interest compare to its competitors? Here is how the short interest of companies compare to Magnificent Seven ETF: Iteris, Inc. (0.45%), Turtle Beach Co. (3.21%), Rekor Systems, Inc. (13.56%), UTStarcom Holdings Corp. (0.42%), Vislink Technologies, Inc. (3.19%), Direxion Daily NVDA Bull 2X Shares (2.99%), Direxion Daily AMZN Bull 2X Shares (10.91%), Direxion Daily MSFT Bull 2X Shares (2.04%), Direxion Daily GOOGL Bull 2X Shares (0.70%), Direxion Daily AAPL Bull 2X Shares (0.65%), Which stocks are the most shorted right now? 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. What does it mean to sell short Magnificent Seven ETF stock? Short selling MAGS is an investing strategy that aims to generate trading profit from Magnificent Seven ETF as its price is falling. MAGS shares are trading up $0.42 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. How does a short squeeze work against Magnificent Seven ETF? A short squeeze for Magnificent Seven 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 MAGS, which in turn drives the price of the stock up even further. How often is Magnificent Seven ETF's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MAGS, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: ITI Short Interest HEAR Short Interest REKR Short Interest UTSI Short Interest VISL Short Interest OPP Short Interest NVDU Short Interest AMZU Short Interest CCIF Short Interest MSFU Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:MAGS) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersBiden to Drop BOMBSHELL June 13th?Paradigm PressHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportAmazon's betting big on this unknown AI companyManward PressThis Wall Street stock prediction just went viralChaikin AnalyticsThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market Alerts