First Trust NASDAQ Technology Dividend Index Fund (TDIV) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust NASDAQ Technology Dividend Index Fund shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 22,300 shares of TDIV short. Learn More on First Trust NASDAQ Technology Dividend Index Fund's current short interest.

First Trust NASDAQ Technology Dividend Index Fund saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 22,300 shares, a decline of 82.5% from the previous total of 127,400 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 Technology Dividend Index Fund: First Trust Cloud Computing ETF (0.33%), First Trust Nasdaq Semiconductor ETF (0.14%), First Trust NASDAQ 100 Technology Index Fund (1.06%), Invesco Dorsey Wright Technology Momentum ETF (0.34%), Invesco PHLX Semiconductor ETF (1.43%), Invesco S&P SmallCap Information Technology ETF (2.19%), Xtrackers Semiconductor Select Equity ETF (0.41%), and iShares Semiconductor ETF (8.99%).

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 TDIV is an investing strategy that aims to generate trading profit from First Trust NASDAQ Technology Dividend Index Fund as its price is falling. TDIV shares are trading down $0.11 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 Technology Dividend Index Fund 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 TDIV, 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 TDIV, twice per month. The most recent reporting period available is April, 15 2024.