Global X Nasdaq 100 Covered Call ETF (QYLD) Short Interest Ratio & Short Volume

Short interest is the volume of Global X Nasdaq 100 Covered Call ETF shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 2,090,000 shares of QYLD short. Learn More on Global X Nasdaq 100 Covered Call ETF's current short interest.

Global X Nasdaq 100 Covered Call ETF saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 2,090,000 shares, a decline of 3.2% from the previous total of 2,160,000 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 Global X Nasdaq 100 Covered Call ETF: JPMorgan Nasdaq Equity Premium Income ETF (0.20%), Nasdaq 100 Covered Call & Growth ETF (0.08%), Goldman Sachs S&P 500 Core Premium Income ETF (1.34%), Goldman Sachs Nasdaq 100 Core Premium Income ETF (0.54%), Credit Suisse X-Links Gold Shares Covered Call ETN (0.20%), and Credit Suisse X-Links Silver Shares Covered Call ETN (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 QYLD is an investing strategy that aims to generate trading profit from Global X Nasdaq 100 Covered Call ETF as its price is falling. QYLD shares are trading up $0.09 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 Nasdaq 100 Covered Call 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 QYLD, 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 QYLD, twice per month. The most recent reporting period available is April, 15 2024.