FSMB First Trust Short Duration Managed Municipal ETF

ETF 19.62 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FSMB $19.62 —
Key stats
$19.62
52-Week Range
$19.36 – $20.25
YTD
-2.14%
IV Rank (30D)
9.2
Straddle Price
$1.50
P/C Vol Ratio
0.50
Open
$19.60
Day Range
$19.58 – $19.63
Volume
345,338
Prev Close
$19.66
About

First Trust Short Duration Managed Municipal ETF (FSMB) ETF

No description available.

Exchange
ARCX
Inception
2018-11-01
Has Options
Yes
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jul 2026flows, SEC filings
Municipal Bond Short Muni#11 of 27 by assets First Trust US Actively managed
Expense ratio
0.55%
prospectus, filed Nov 28, 2025
Assets
$642M
issuer-reported, Oct 20, 2026
Trailing yield
3.24%
paid monthly
Average daily volume
$6.2M
30 sessions
Holdings
583
top 10 are 6.6%
Listed
Nov 1, 2018
NYSE Arca
Net asset value
$19.65
issuer, Oct 20, 2026
30-day SEC yield
3.35%
issuer, Sep 30, 2026
Closure risk, 12 months
0.5%
low · model
FrenzyCap ETF score
50
how it is built
Cost6
Liquidity60
Scale67
Diversification100

Moves with. Long Treasuries (12% of its variance, beta 0.06); US large-cap stocks (3% of its variance, beta 0.02). These factors explain 21% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. "The First Trust Short Duration Managed Municipal ETF (the ""Fund"" ) seeks to provide federally tax-exempt income consistent with capital preservation." (from the fund's prospectus)

All 583 holdingsFlow historyOverlap toolAll Short Muni ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
−$20K
latest reported month
Latest 3 months
+$26M
+4.2% of assets
Latest 12 months
+$153M
+24.5% of assets
Aug 2025: +$6.0MSep 2025: +$6.0MSepOct 2025: +$4.0MNov 2025: +$8.0MNovDec 2025: +$13MJan 2026: +$24MJanFeb 2026: +$32M+$32MMar 2026: +$19MMarApr 2026: +$14MMay 2026: +$12MMayJun 2026: +$14MJul 2026: −$20K−$20KJul
View as a table
Net flows of FSMB by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026−$20K
Jun 2026+$14M
May 2026+$12M
Apr 2026+$14M
Mar 2026+$19M
Feb 2026+$32M
Jan 2026+$24M
Dec 2025+$13M
Nov 2025+$8.0M
Oct 2025+$4.0M
Sep 2025+$6.0M
Aug 2025+$6.0M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago

Similar funds
FundOverlapFeeAssets1Y
SUBiShares Short-Term National Muni Bond ETF—0.07%$13.0B−1.1%compare
JMSTJPMorgan Ultra-Short Municipal Income ETF—0.18%$8.0B−0.3%compare
SHMState Street SPDR Nuveen ICE Short Term Municipal Bond ETF—0.20%$3.5B−2.1%compare
VTESVanguard Short-Term Tax-Exempt Bond ETF—0.05%$2.0B−2.0%compare
CGSMCapital Group Short Duration Municipal Income ETF—0.25%$1.7B−1.5%compare

The largest other funds in the Short Muni category.

Under the hood
fiscal year to Jul 31, 2025SEC census
Authorized participants
7 active
of 24 with agreements; top 3 did 84%
Created · redeemed
$96M · $45M
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
50,000
shares
Securities lending
authorized, none lent

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
583
AUM
$642.3M
Provider
First Trust
Inception
2018-11-01
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.55%
Dividend Yield
3.24%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-21 2026-10-30 $0.0540 CD
2026-09-24 2026-09-30 $0.0540 CD
2026-08-21 2026-08-31 $0.0530 CD
2026-07-21 2026-07-31 $0.0530 CD
2026-06-25 2026-06-30 $0.0530 CD
2026-05-21 2026-05-29 $0.0530 CD
Asset Allocation
Top Holdings
top 50 of 583 holdings
Symbol Name Weight % Asset Class Country
— CHICAGO IL O'HARE INTL ARPT REV N/C, 5%, due 01/01/2031 0.81% Municipal Bond —
— OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039 0.74% Municipal Bond US
— KENTUCKY ST PUBLIC ENERGY AUTH Variable rate, due 06/01/2055 0.71% Municipal Bond —
— COLORADO ST HLTH FACS AUTH REV Variable rate, due 11/15/2060 0.64% Municipal Bond US
— WHITING IN ENVRNMNTL FACS REV Variable rate, due 11/01/2045 0.64% Municipal Bond —
— EFFINGHAM CNTY GA INDL DEV AUTH Variable rate, due 02/01/2038 0.62% Municipal Bond —
— MOBILE AL INDL DEV BRD POLL CONTROL Variable rate, due 06/01/2034 0.62% Municipal Bond —
— PINELLAS CNTY FL HSG FIN AUTH MF HSG REV Variable rate, due 10/01/2043 0.62% Municipal Bond —
— SAINT JOHN THE BAPTIST PARISH LA Variable rate, due 06/01/2037 0.62% Municipal Bond US
— UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/2058 0.62% Municipal Bond US
— BURKE CNTY GA DEV AUTH POLL CTRL REV Variable rate, due 11/01/2052 0.59% Municipal Bond —
— CHARLOTTE-MECKLENBURG NC HOSP AUTH Variable rate, due 01/15/2048 0.59% Municipal Bond —
— NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2041 0.59% Municipal Bond —
— MAIN STREET NATURAL GAS INC GA Variable rate, due 05/01/2055 0.58% Municipal Bond —
— PALM BEACH CNTY FL HLTH FACS AUTH 5%, due 11/15/2032 0.58% Municipal Bond US
— NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH Variable rate, due 06/01/2054 0.57% Municipal Bond —
— NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2044 0.54% Municipal Bond US
— BLACK BELT ENERGY GAS DIST AL Variable rate, due 07/01/2052 0.53% Municipal Bond —
— BLACK BELT ENERGY GAS DIST AL N/C, 5%, due 12/01/2031 0.51% Municipal Bond —
— SAINT JAMES PARISH LA REVENUE Variable rate, due 08/01/2041 0.51% Municipal Bond US
— SOUTHEAST ENERGY AUTHORITY A COOP DIST AL 5%, due 10/01/2030 0.51% Municipal Bond —
— MIAMI-DADE CNTY FL AVIATION REV N/C, 5%, due 10/01/2031 0.49% Municipal Bond —
— ALEXANDRIA VA INDL DEV AUTH RSDL CARE FAC REV 5%, due 10/01/2031 0.47% Municipal Bond US
— ILLINOIS ST DEV FIN AUTH SOL WST DISP Variable rate, due 11/01/2044 0.47% Municipal Bond US
— INDIANA ST FIN AUTH HLTH SYS REV Variable rate, due 11/01/2056 0.47% Municipal Bond —
— NEW YORK ST HSG FIN AGY AFFORDABLE HSG REV Variable rate, due 05/01/2042 0.47% Municipal Bond —
— CALIFORNIA ST MUNI FIN AUTH SPL FAC REV N/C, 4%, due 07/15/2029 0.46% Municipal Bond US
— CMNTY DEV ADMIN MD MF DEV REV N/C, 3.30%, due 01/01/2029 0.46% Municipal Bond US
— S E ALABAMA ST GAS SPLY DIST GAS SPLY REV Variable rate, due 08/01/2054 0.46% Municipal Bond —
— NORTH CAROLINA ST HSG FIN AGY MF HSG REV Variable rate, due 04/01/2029 0.45% Municipal Bond —
— TEXAS ST MUNI GAS ACQUISITION & SPLY CORP IV Variable rate, due 01/01/2054 0.44% Municipal Bond US
— FARMINGTON NM POLL CONTROL REV Variable rate, due 06/01/2040 0.43% Municipal Bond US
— FLORIDA DEV FIN CORP HLTHCARE FACS REV Variable rate, due 08/01/2056 0.41% Municipal Bond US
— NEW YORK ST TRANSPRTN DEV CORP 5%, due 01/01/2032 0.40% Municipal Bond —
— ATLANTA GA URBAN RSDL FIN AUTH Variable rate, due 02/01/2029 0.39% Municipal Bond US
— CHANDLER AZ INDL DEV AUTH INDL DEV REV Variable rate, due 09/01/2052 0.39% Municipal Bond US
— FAIRFAX CNTY VA REDEV & HSG AUTH Variable rate, due 01/01/2045 0.39% Municipal Bond —
— PHILADELPHIA PA ARPT REVENUE 5%, due 07/01/2032 0.39% Municipal Bond —
— TENNESSEE ST ENERGY ACQUISITION CORP Variable rate, due 05/01/2053 0.39% Municipal Bond US
— CALIFORNIA ST MUNI FIN AUTH SOL WST DISP Variable rate, due 10/01/2041 0.38% Municipal Bond —
— HOUSTON TX UTILITY SYS REVENUE 4%, due 11/15/2031 0.38% Municipal Bond —
— UTAH ST HSG CORP MF REVENUE Variable rate, due 08/01/2044 0.38% Municipal Bond —
— ARKANSAS DEV FIN AUTH ENVIRONMENTAL REV Variable rate, due 09/01/2046 0.37% Municipal Bond —
— DELAWARE ST ECON DEV AUTH REV N/C, 3.60%, due 01/01/2031 0.37% Municipal Bond US
— FORSYTH MT POLL CONTROL REVENUE 3.875%, due 07/01/2028 0.37% Municipal Bond US
— ILLINOIS ST 5%, due 11/01/2029 0.37% Municipal Bond US
— INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK N/C, 5%, due 01/01/2031 0.37% Municipal Bond —
— LEHIGH CNTY PA INDL DEV AUTH N/C, 3%, due 09/01/2029 0.37% Municipal Bond —
— MET WASHINGTON DC ARPTS AUTH N/C, 5%, due 10/01/2031 0.37% Municipal Bond —
— TENNERGY CORP TN GAS REVENUE Variable rate, due 10/01/2054 0.37% Municipal Bond —
Non-Equity Breakdown
First Trust Short Duration Managed Municipal ETF · NPORT-P period 2026-07-31 (filed 2026-09-22)
Net assets: $622M · 551 total positions · equity 0.00% · non-equity 99.02%
Non-equity holdings — 551 positions, 99.02% of NAV
Category Weight Value Positions
Municipal 99.02% $615.6M 551
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.30%-1.77%1.09%-0.15%0.28%0.32%0.01%
Feb-0.64%-0.59%-1.58%-0.33%0.18%0.45%-0.42%
Mar0.46%-1.54%1.12%-0.28%-0.46%-1.19%-0.32%
Apr0.16%-1.22%-0.40%-0.50%-0.75%0.05%-0.44%
May0.02%0.76%-0.61%-0.21%0.18%0.15%0.05%
Jun0.13%-0.68%0.25%0.41%0.48%-0.05%0.09%
Jul0.22%0.80%-0.15%0.81%0.14%-0.67%0.19%
Aug-0.10%-1.22%-0.46%0.25%0.18%-0.15%-0.25%
Sep-0.37%-1.54%-1.15%0.10%0.35%-1.96%-0.76%
Oct-0.19%-0.41%-0.21%-0.75%-0.15%0.51%*-0.20%
Nov0.05%1.65%1.99%0.40%0.00%--0.82%
Dec-0.24%-0.30%0.86%-0.70%0.15%---0.05%
Total-0.21%-5.96%0.69%-0.96%0.57%-2.54%-1.40%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $19.53
SMA 50: $19.71
SMA 200: $19.95
Current: $19.62
EMA 12: $19.59
EMA 26: $19.61
MACD: -0.0153 | Signal: 0.0280
BEARISH
ADX (14): 22.94
WEAK TREND
+DI: 27.37
−DI: 32.64

Momentum Oscillators

RSI (14): 50.93
NEUTRAL
Stoch %K: 91.14
Stoch %D: 94.55
Williams %R: -20.41

Volume & Volatility

BB Upper: $19.69
BB Lower: $19.38
NEUTRAL
OBV: 1,290,285
Vol SMA 20: 311,270
Vol ROC: -48.78%
ATR: $0.06
True Range: $0.08
HV 20: 3.7%
HV 30: 3.5%
HV 60: 2.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All FSMB news →

FSMB Options Activity & IV Rank

FSMB IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 19.2%
7-DTE IV: —
Expected Move: $1.50
7-DTE Move: $1.50
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 100
Put Volume: 50
P/C Volume: 0.5
BULLISH
Call OI: 100
Put OI: 50
P/C OI: 0.5
Total OI: 150

ATM Options Pricing

ATM Call: $0.62
ATM Put: $0.88
Call %: 3.2%
Put %: 4.5%

Chain Summary

Chain Volume: 250
Chain OI: 250
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 15.7% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)9.2LowOct 21
Straddle Price (30 DTE)$1.50Oct 21
Beta Analysis

Risk Metrics

Beta: 0.0370
Alpha: -2.84%
Correlation: 0.2330
R-Squared: 5.4%
Stock Volatility: 2.0%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

FSMB Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

144 filers27,416,425 shares$547.06M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 5,246,393 $104.88M 19.17% — 2026-06-30
2 LPL Financial LLC Custodian 2,496,609 $49.91M 9.12% — 2026-06-30
3 RMR Wealth Builders 1,151,454 $23.02M 4.21% — 2026-06-30
4 HighTower Advisors, LLC 896,202 $17.92M 3.27% — 2026-06-30
5 Corient Private Wealth LP 857,020 $17.13M 3.13% — 2026-06-30
6 COMMONWEALTH EQUITY SERVICES, LLC 730,841 $14.61M 2.67% — 2026-06-30
7 UBS Group AG Custodian 713,289 $14.26M 2.61% — 2026-06-30
8 Waverly Advisors, LLC 701,965 $14.03M 2.56% — 2026-06-30
9 PFS Partners, LLC 674,660 $13.49M 2.47% — 2026-06-30
10 TruWealth Advisors, LLC 668,643 $13.35M 2.44% — 2026-03-31
11 Raymond James Financial, Inc. Custodian 657,968 $13.15M 2.40% — 2026-06-30
12 VAQUERO PRIVATE WEALTH, LTD 601,749 $12.03M 2.20% — 2026-06-30
13 Cetera Investment Advisers Custodian 593,655 $11.87M 2.17% — 2026-06-30
14 Rockefeller Capital Management L.P. Custodian 523,415 $10.46M 1.91% — 2026-06-30
15 XML Financial, LLC 519,295 $10.38M 1.90% — 2026-06-30
16 NewEdge Advisors, LLC 511,049 $10.22M 1.87% — 2026-06-30
17 OSAIC HOLDINGS, INC. Custodian 447,272 $8.94M 1.63% — 2026-06-30
18 EnRich Financial Partners LLC 440,062 $8.80M 1.61% — 2026-06-30
19 Wells Fargo & Company Custodian 418,603 $8.37M 1.53% — 2026-06-30
20 Copper Harbor Investment Advisors, LLC 416,118 $8.10M 1.48% — 2026-09-30
21 Envestnet Asset Management, Inc. 389,403 $7.78M 1.42% — 2026-06-30
22 Francis Financial, Inc. 357,852 $7.15M 1.31% — 2026-06-30
23 Royal Bank of Canada Custodian 354,639 $7.09M 1.30% — 2026-06-30
24 Per Stirling Capital Management, LLC. 314,616 $6.29M 1.15% — 2026-06-30
25 JPMorgan Chase & Co Custodian 297,628 $5.95M 1.09% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
137.03K
SI % of Float
0.41%
Days to Cover
1.00
Short Vol Ratio
56.1%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month