Seeking AlphaT3·28mo ago
TTT ProShares UltraPro Short 20+ Year Treasury
ETF 74.62 DelayedETF 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.
TTT
$74.62
—
Key stats
$74.62
- 52-Week Range
- $59.23 – $92.85
- YTD
- +11.79%
- IV Rank (30D)
- 59.78
- Straddle Price
- $6.18
- P/C Vol Ratio
- 0.39
- Open
- $74.85
- Day Range
- $74.46 – $74.85
- Volume
- 4,849
- Prev Close
- $74.66
About
ProShares UltraPro Short 20+ Year Treasury (TTT) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2012-03-27
- Has Options
- Yes
Fund profile
holdings as of Nov 6, 2026issuer datathrough Aug 2026flows, SEC filings
Leveraged & Inverse
Leveraged & Inverse Bond#11 of 18 by assets
ProShares
20+ Year Treasury
Index-tracking
Resets to −3x its benchmark's return each day. Over longer periods the result compounds and can differ sharply from −3x the benchmark, especially when it is volatile. Decay analysis
- Expense ratio
- 0.95% prospectus, filed Sep 25, 2026
- Assets
- $15M shares × price, Nov 6, 2026
- Trailing yield
- 8.40% paid quarterly
- Average daily volume
- $925K 30 sessions
- Holdings
- 10 top 10 are 0.0%
- Listed
- Mar 27, 2012 NYSE Arca
- Tracking difference
- -7.84 pts vs index, after fees, FY 2026
Cost62
Liquidity32
Scale7
Diversificationn/a
Moves with. Long Treasuries (85% of its variance, beta -2.76); High yield over Treasuries (4% of its variance, beta 0.55). These factors explain 91% of its daily moves over the last year.
Stated objective. ProShares UltraPro Short 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index (the Index). (from the fund's prospectus)
All 10 holdingsFlow historyOverlap toolAll Leveraged & Inverse Bond ETFs
Fund flows
through Aug 2026SEC filings- Aug 2026
- −$2.3M latest reported month
- Latest 3 months
- −$3.6M −21.5% of assets
- Latest 12 months
- −$3.5M −20.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Aug 2026 | −$2.3M |
| Jul 2026 | $0 |
| Jun 2026 | −$1.4M |
| May 2026 | −$28K |
| Apr 2026 | −$685K |
| Mar 2026 | $0 |
| Feb 2026 | −$673K |
| Jan 2026 | +$1.4M |
| Dec 2025 | +$1.5M |
| Nov 2025 | +$659K |
| Oct 2025 | −$2.0M |
| Sep 2025 | $0 |
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
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| TMFDirexion Daily 20+ Year Treasury Bull 3X ETF | — | 0.90% | $2.0B | −24.4% | compare |
| SHYDVanEck Short High Yield Muni ETF | — | 0.32% | $531M | −0.4% | compare |
| TBTProShares Trust UltraShort Lehman 20+ Year Treasury | — | 0.93% | $270M | +12.3% | compare |
| TMVDirexion Daily 20+ Year Treasury Bear 3X ETF | — | 0.97% | $188M | +20.0% | compare |
| TBFProShares Short 20+ Year Treasury ETF | — | 0.95% | $114M | +6.7% | compare |
The largest other funds in the Leveraged & Inverse Bond category.
Under the hood
fiscal year to May 31, 2026SEC census- Authorized participants
- 7 active of 39 with agreements; top 3 did 71%
- Created · redeemed
- $67M · $66M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 10,000 shares
- Securities lending
- authorized, none lent
- Return vs index
- -7.84 pts after fees; -6.92 before
- Diversification status
- Non-diversified may concentrate in fewer issuers
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 2026-11-06
Holdings
10
AUM
$-30,615,303
Provider
ProShares
Inception
2012-03-27
Exchange
ARCX
Data As Of
2026-11-06
Expense Ratio
0.95%
Dividend Yield
8.40%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-23 | 2026-09-29 | $0.3326 | CD |
| 2026-06-24 | 2026-06-30 | $0.4001 | CD |
| 2026-03-25 | 2026-03-31 | $0.3300 | CD |
| 2025-12-24 | 2025-12-31 | $5.2098 | CD |
| 2025-09-24 | 2025-09-30 | $0.4826 | CD |
| 2025-06-25 | 2025-07-01 | $0.4204 | CD |
Asset Allocation
Top Holdings
top 10 of 10 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| IQMM | PROSHARES GENIUS MNY MKT ETF | 75.69% | Cash/Money Market | — |
| — | Net Other Assets (Liabilities) | 24.31% | Cash/Money Market | — |
| — | US LONG BOND(CBT) BOND 21/DEC/2026 USZ6 COMDTY | -2.85% | Derivative | — |
| — | ICE 20+ YEAR U.S. TREASURY INDEX SWAP SOCIETE GENERALE | -12.88% | Derivative | — |
| — | ICE 20+ YEAR U.S. TREASURY INDEX SWAP BANK OF AMERICA NA | -30.03% | Derivative | — |
| — | ICE 20+ YEAR U.S. TREASURY INDEX SWAP CITIBANK NA | -31.22% | Derivative | — |
| — | ICE 20+ YEAR U.S. TREASURY INDEX SWAP GOLDMAN SACHS INTERNATIONAL | -40.16% | Derivative | — |
| — | ICE 20+ YEAR U.S. TREASURY INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | -48.99% | Derivative | — |
| — | ICE 20+ YEAR U.S. TREASURY INDEX SWAP UBS AG | -59.39% | Derivative | — |
| — | ICE 20+ Year U.S. Treasury Index SWAP Barclays Capital | -75.71% | Derivative | — |
Non-Equity Breakdown
ProShares UltraPro Short 20+ Year Treasury ·
NPORT-P period 2026-08-31
(filed 2026-10-28)
Net assets:
$17M
· 14 total positions
· equity 0.00%
· non-equity 92.62%
Non-equity holdings
— 14 positions,
92.62% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Other | 71.32% | $12.0M | 1 |
| Derivative (equity) | 19.05% | $3.2M | 7 |
| Repurchase agreement | 2.22% | $373633 | 5 |
| Derivative (interest rate) | 0.03% | $4242 | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 10.24% | 3.20% | -15.31% | 6.27% | -0.17% | 1.32% | 0.92% |
| Feb | 18.05% | 2.66% | 20.44% | 13.66% | -14.08% | -12.83% | 4.65% |
| Mar | 11.39% | 19.20% | -17.11% | 0.03% | 5.51% | 10.11% | 4.85% |
| Apr | -3.23% | 33.43% | 0.38% | 15.80% | 6.07% | 3.53% | 9.33% |
| May | -0.05% | -0.28% | 0.66% | -5.31% | 9.83% | 0.46% | 0.89% |
| Jun | -12.80% | 1.62% | 0.41% | -0.57% | -10.23% | -3.97% | -4.26% |
| Jul | -11.56% | -5.41% | 7.00% | -13.97% | 4.50% | 14.07% | -0.90% |
| Aug | 2.66% | 21.86% | 4.70% | -3.73% | 4.97% | -0.17% | 5.05% |
| Sep | 8.50% | 19.83% | 22.09% | -0.47% | -12.07% | 16.37% | 9.04% |
| Oct | -5.77% | 25.51% | 10.99% | 21.39% | -2.77% | -13.84% | 5.92% |
| Nov | -11.25% | -17.46% | -20.13% | -9.37% | -0.98% | -0.52%* | -9.95% |
| Dec | 7.29% | 17.21% | -26.60% | 19.67% | -2.41% | -- | 3.03% |
| Total | 8.07% | 186.39% | -23.66% | 42.96% | -14.23% | 10.32% | 34.97% |
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: $78.17
SMA 50: $80.40
SMA 200: $71.58
Current: $74.62
EMA 12: $76.37
EMA 26: $78.44
MACD: -2.0656 | Signal: -0.4080
BEARISH
ADX (14): 17.31
RANGE
+DI: 26.55
−DI: 35.92
Momentum Oscillators
RSI (14): 37.35
NEUTRAL
Stoch %K: 8.67
Stoch %D: 10.03
Williams %R: -88.79
Volume & Volatility
BB Upper: $84.99
BB Lower: $71.34
NEUTRAL
OBV: -154,266
Vol SMA 20: 10,864
Vol ROC: 39.70%
ATR: $1.89
True Range: $0.39
HV 20: 34.1%
HV 30: 31.4%
HV 60: 33.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
LLM Stock Analysis Report - TTT
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Technical indicators suggest a weakening trend with potential for further decline.
- News sentiment is neutral, with no recent headlines indicating significant price moves.
- Risk metrics indicate low volatility and negative correlation to the market.
Primary Risks:
- Continued weakness in the stock's technical trend could lead to further declines.
- High implied volatility could lead to increased uncertainty and potentially larger price swings.
Investment Thesis:
The stock is trading near its 50-day SMA, indicating a potential reversal or consolidation phase. The current neutral sentiment and low volatility create a relatively calm environment for risk management. However, the negative correlation to the market and high implied volatility suggest caution is warranted.
Recent News Sentiment Impact:
- Neutral news headlines have not significantly impacted the stock's price recently.
- No recent headlines indicate significant price moves or catalysts.
Technical Analysis
Trend Direction:
- Short-term: Downtrend (1-4 weeks)
- Medium-term: Trendless (1-3 months)
- Long-term: Uptrend (3-12 months)
Support/Resistance Levels:
- Lower Bollinger Band: $66.27
- Middle Bollinger Band: $70.62
- Upper Bollinger Band: $74.98
Momentum Signals:
- RSI: 47.15 (neutral)
- MACD: Bullish signal above the signal line
- Bollinger Bands: Neutral signal, not indicating overbought or oversold conditions
Volume Analysis:
- Volume SMA 20: 7782.70 ( declining volume)
- On-Balance Volume (OBV): -281254.20 ( bearish OBV)
- Volume Rate of Change: -46.35% ( decreasing volume)
News & Sentiment Analysis
Recent Headlines Summary:
The recent news headlines are neutral, with no significant price moves or catalysts.
Sentiment Assessment:
- Aggregate sentiment is neutral, reflecting the lack of recent significant news events.
Catalyst Identification:
- No upcoming earnings, product launches, or regulatory changes to drive significant price movements.
Market Narrative:
The market narrative is that TTT is trading within a relatively calm environment, with no significant catalysts driving price movements. The stock's technical trend suggests potential for further decline, while the neutral news sentiment and low volatility create a cautious atmosphere.
Risk & Volatility Assessment
Risk Assessment:
- Beta: -0.38 (negative correlation to the market)
- Alpha: 0.01
- Correlation: -0.15
- Stock Volatility: 0.31 (low)
Volatility Regime:
- Current volatility is low, but IV rank suggests historically low volatility.
Options Market Signals:
- IV Rank: 16.0% (Low)
- Current IV: 29.8%
- Expected Move: $3.35
- Volume Flow: Neutral sentiment
- Open Interest: Neutral sentiment
Downside Protection:
- Lower Bollinger Band: $66.27 (support level)
Market Context & Positioning
Sector Performance:
TTT is relatively weak compared to its sector, suggesting potential further declines.
Institutional Activity:
- Institutional interest is moderate, with no significant changes in volume patterns.
Correlation Analysis:
- R-squared value indicates TTT moves relatively independently of the market.
Relative Valuation:
- The stock's relative valuation suggests it is trading within a relatively neutral range.
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band: $66.27 (support level)
- Middle Bollinger Band: $70.62 (resistance level)
Breakout/Breakdown Levels:
- None identified based on technical indicators and market context.
Time-Sensitive Catalysts:
- No upcoming earnings, product launches, or regulatory changes to drive significant price movements.
Risk Management:
- Stop-loss levels: $66.27 (support level)
- Position sizing considerations: Conservative approach due to low volatility and negative correlation to the market.
This comprehensive analysis provides a detailed assessment of TTT's technical trend, news sentiment, risk metrics, and market context. The neutral sentiment and low volatility create a relatively calm environment, but caution is warranted given the potential for further declines in the stock's technical trend and the negative correlation to the market.
Generated
News
All TTT news →
Seeking AlphaT3·28mo ago
Seeking AlphaT3·28mo ago
Seeking AlphaT3·29mo ago
Seeking AlphaT3·29mo ago
Seeking AlphaT3·30mo ago
Seeking AlphaT3·30mo ago
Seeking AlphaT3·30mo ago
Seeking AlphaT3·30mo ago
Seeking AlphaT3·30mo ago
Showing 1–10 of 50
Page 1 of 5
TTT Options Activity & IV Rank
TTT IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 31.6%
7-DTE IV: 33.2%
Expected Move: $6.18
7-DTE Move: $3.73
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 145
Put Volume: 56
P/C Volume: 0.386
BULLISH
Call OI: 204
Put OI: 112
P/C OI: 0.549
Total OI: 316
ATM Options Pricing
ATM Call: $2.48
ATM Put: $3.70
Call %: 3.3%
Put %: 5.0%
Chain Summary
Chain Volume: 201
Chain OI: 316
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
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.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
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 →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 5th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
5%
vs own history
GEX tilt
-0.76
OI-weighted, today
Vanna tilt
+0.88
δ-sensitivity to IV
Charm tilt
-0.98
δ-decay vs time
Vanna tilt +0.88: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.98: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 5 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow 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 sideWhich 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
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
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
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)32.0MediumNov 9
IV Rank (30 DTE)59.8MediumNov 9
Straddle Price (30 DTE)$6.18Nov 9
Beta Analysis
Risk Metrics
Beta: -0.5639
Alpha: 22.21%
Correlation: -0.2586
R-Squared: 6.7%
Stock Volatility: 30.0%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
TTT Institutional Ownership (13F)
Filings for 2026-06-30 · 2 already for 2026-09-30Institutional 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.
3 filers$1.70M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $885.47K | 52.03% | 2026-06-30 |
| 2 | Belvedere Trading LLC | $452.93K | 26.61% | 2026-09-30 |
| 3 | Susquehanna International Group, LLP Custodian | $363.44K | 21.36% | 2026-06-30 |
| # | 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
12.21K
SI % of Float
6.00%
Days to Cover
1.00
Short Vol Ratio
38.4%
Free Float
—
Float %
—
Short interest 2026-10-15 • Short volume 2026-11-09
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|