VTES Vanguard Short-Term Tax-Exempt Bond ETF

ETF 99.64 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.

VTES $99.64 —
Key stats
$99.64
52-Week Range
$98.02 – $102.71
YTD
-1.94%
IV Rank (30D)
42.73
Straddle Price
$0.00
P/C Vol Ratio
0.00
Open
$99.58
Day Range
$99.33 – $99.72
Volume
618,404
Prev Close
$99.60
About

Vanguard Short-Term Tax-Exempt Bond ETF (VTES) ETF

No description available.

Exchange
ARCX
Inception
2023-03-08
Has Options
Yes
Homepage
https://investor.vanguard.com/etf
Fund profile
holdings as of Oct 19, 2026issuer datathrough May 2026flows, SEC filings
Expense ratio
0.05%
issuer, Oct 21, 2026
Assets
$2.0B
SEC filing, May 31, 2026
Trailing yield
2.70%
paid monthly
Average daily volume
$92M
30 sessions
Holdings
3,990
top 10 are 3.2%
Listed
Mar 8, 2023
NYSE Arca
Last fee change
-1 bp
filed Feb 2, 2026
Net asset value
$99.55
issuer, Oct 20, 2026 · closed +0.05% to NAV
30-day SEC yield
3.48%
issuer, Oct 16, 2026
Closure risk, 12 months
0.2%
low · model
Tracking difference
-0.08 pts
vs index, after fees, FY 2025
FrenzyCap ETF score
96
how it is built
Cost97
Liquidity99
Scale85
Diversification100

Moves with. Long Treasuries (29% of its variance, beta 0.10); Gold (4% of its variance, beta 0.01). These factors explain 34% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. Vanguard Short-Term Tax-Exempt Bond ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market with remaining maturities between one month and seven years. (from the fund's prospectus)

All 3,990 holdingsFlow historyOverlap toolAll Short Muni ETFs

Fund flows
through May 2026SEC filings
May 2026
+$98M
latest reported month
Latest 3 months
+$246M
+12.4% of assets
Latest 12 months
+$954M
+48.0% of assets
Jun 2025: +$80MJul 2025: +$136M+$136MJulAug 2025: +$61MSep 2025: +$71MSepOct 2025: +$48MNov 2025: +$86MNovDec 2025: +$79MJan 2026: +$43M+$43MJanFeb 2026: +$103MMar 2026: +$94MMarApr 2026: +$53MMay 2026: +$98MMay
View as a table
Net flows of VTES by month, Jun 2025 to May 2026
MonthNet flow
May 2026+$98M
Apr 2026+$53M
Mar 2026+$94M
Feb 2026+$103M
Jan 2026+$43M
Dec 2025+$79M
Nov 2025+$86M
Oct 2025+$48M
Sep 2025+$71M
Aug 2025+$61M
Jul 2025+$136M
Jun 2025+$80M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 39 months ago

Similar funds
FundOverlapFeeAssets1Y
SUBiShares Short-Term National Muni Bond ETF—0.07%$13.0B−1.4%compare
JMSTJPMorgan Ultra-Short Municipal Income ETF—0.18%$8.0B−0.4%compare
SHMState Street SPDR Nuveen ICE Short Term Municipal Bond ETF—0.20%$3.5B−2.2%compare
CGSMCapital Group Short Duration Municipal Income ETF—0.25%$1.7B−1.6%compare
MEARiShares Short Maturity Municipal Bond Active ETF—0.26%$1.5B−1.2%compare

The largest other funds in the Short Muni category.

Under the hood
fiscal year to Nov 30, 2025SEC census
Authorized participants
8 active
of 34 with agreements; top 3 did 85%
Created · redeemed
$954M · $0
over the fiscal year
Redemptions in kind
100%
creations 11% in kind
Creation unit
25,000
shares
Securities lending
not authorized
Return vs index
-0.08 pts
after fees; -0.00 before; daily s.d. 0.12

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
4001
AUM
$4.2B
Provider
Vanguard
Inception
2023-03-08
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.05%
Dividend Yield
2.70%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-05 $0.1941 CD
2026-09-01 2026-09-03 $0.2141 CD
2026-08-03 2026-08-05 $0.2191 CD
2026-07-01 2026-07-06 $0.2263 CD
2026-06-01 2026-06-03 $0.2187 CD
2026-05-01 2026-05-05 $0.2295 CD
Asset Allocation
Top Holdings
top 50 of 4001 holdings
Symbol Name Weight % Asset Class Country
— Vanguard Municipal Low Duration Fund 4.79% Cash/Money Market —
— State of California 0.57% Municipal Bond US
— State of California 0.54% Municipal Bond US
— Missouri Highway & Transportation Commission 0.30% Municipal Bond US
— Bay Area Toll Authority 0.27% Municipal Bond US
— State of California 0.26% Municipal Bond US
— State of California 0.26% Municipal Bond US
— Bergen County Improvement Authority/The 0.25% Municipal Bond US
— Fort Mill School District No 4 0.25% Municipal Bond US
— North Colonie Central School District 0.25% Municipal Bond —
— State of Illinois 0.24% Municipal Bond US
— State of New Jersey 0.24% Municipal Bond US
— State of California 0.24% Municipal Bond US
— Cass County Joint Water Resource District 0.23% Municipal Bond —
— Dallas Independent School District 0.22% Municipal Bond US
— New Jersey Transportation Trust Fund Authority 0.22% Municipal Bond US
— State of New Jersey 0.21% Municipal Bond US
— Madison Metropolitan School District/WI 0.21% Municipal Bond US
— State of Illinois 0.20% Municipal Bond US
— State of Illinois 0.19% Municipal Bond US
— Hillsborough County School Board 0.19% Municipal Bond US
— University of California 0.19% Municipal Bond US
— State of New Jersey 0.18% Municipal Bond US
— Port of Seattle WA 0.18% Municipal Bond US
— Metropolitan Transportation Authority 0.17% Municipal Bond US
— Texas Department of Transportation State Highway Fund 0.16% Municipal Bond US
— Aquarion Water Authority 0.16% Municipal Bond —
— Metropolitan Transportation Authority 0.16% Municipal Bond US
— Los Angeles Unified School District/CA 0.16% Municipal Bond US
— State of California 0.16% Municipal Bond US
— JEA Water & Sewer System Revenue 0.16% Municipal Bond US
— Tohopekaliga Water Authority 0.16% Municipal Bond —
— Los Angeles Unified School District/CA 0.16% Municipal Bond US
— State of Washington 0.15% Municipal Bond US
— City of Houston TX 0.15% Municipal Bond US
— Triborough Bridge & Tunnel Authority 0.15% Municipal Bond US
— State of California 0.15% Municipal Bond US
— New Jersey Economic Development Authority 0.15% Municipal Bond US
— Washington Convention & Sports Authority 0.15% Municipal Bond US
— Commonwealth of Massachusetts 0.15% Municipal Bond US
— California Municipal Finance Authority 0.15% Municipal Bond US
— New Jersey Educational Facilities Authority 0.15% Municipal Bond US
— Ohio Water Development Authority 0.15% Municipal Bond US
— North Texas Tollway Authority 0.14% Municipal Bond US
— Los Angeles Department of Water & Power Water System Revenue 0.14% Municipal Bond US
— Mississippi Development Bank 0.14% Municipal Bond US
— New Jersey Economic Development Authority 0.14% Municipal Bond US
— New Jersey Economic Development Authority 0.14% Municipal Bond US
— Los Angeles Department of Water & Power 0.14% Municipal Bond US
— Connecticut State Health & Educational Facilities Authority 0.14% Municipal Bond US
Non-Equity Breakdown
VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF · NPORT-P period 2026-05-31 (filed 2026-07-29)
Net assets: $1.99B · 3273 total positions · equity 0.00% · non-equity 100.28%
Non-equity holdings — 3273 positions, 100.28% of NAV
Category Weight Value Positions
Municipal 97.87% $1.95B 3272
Short-term investment 2.41% $48.0M 1
Chart
Seasonality
Month'23'24'25'26Avg
Jan--0.00%0.35%0.70%0.35%
Feb---0.07%0.72%0.54%0.40%
Mar1.39%-0.22%-0.44%-1.12%-0.10%
Apr-0.54%-0.34%-0.28%0.21%-0.24%
May-0.47%-0.23%0.58%0.17%0.01%
Jun0.36%0.72%0.75%0.27%0.53%
Jul0.07%0.86%0.55%-0.55%0.23%
Aug-0.14%0.78%0.23%0.30%0.29%
Sep-0.96%0.37%0.49%-1.75%-0.46%
Oct0.14%-0.56%-0.02%0.85%*0.10%
Nov2.27%0.66%0.25%--1.06%
Dec0.73%-0.64%0.18%--0.09%
Total2.84%1.32%3.40%-0.41%1.79%
* Only 4 year(s) of data available.
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: $98.92
SMA 50: $99.75
SMA 200: $101.00
Current: $99.64
EMA 12: $99.30
EMA 26: $99.30
MACD: -0.0026 | Signal: 0.1604
BEARISH
ADX (14): 29.05
TREND
+DI: 27.60
−DI: 27.25

Momentum Oscillators

RSI (14): 59.46
NEUTRAL
Stoch %K: 94.01
Stoch %D: 95.17
Williams %R: -6.42

Volume & Volatility

BB Upper: $99.84
BB Lower: $98.00
NEUTRAL
OBV: -2,272,009
Vol SMA 20: 931,264
Vol ROC: -15.91%
ATR: $0.27
True Range: $0.39
HV 20: 3.3%
HV 30: 3.2%
HV 60: 2.5%

Data Summary

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

LLM Stock Analysis Report: VTES

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Technical indicators suggest a weak trend, with a bearish MACD signal
  • Momentum oscillators indicate neutral sentiment, with RSI below 70
  • Bollinger Bands are in a neutral phase, with no strong signals

Primary Risks:

  • High implied volatility, which may not be justified by the current market conditions
  • Options market is pricing a $3.50 move by expiration, but there are no recent news headlines suggesting such a large movement

Investment Thesis: VTES appears to be in a consolidation phase, with no strong buy or sell signals. The stock's low volatility and neutral sentiment suggest it may continue to trade within its current range.

Recent News Sentiment Impact: Recent news headlines have been mixed, with one negative article and two neutral articles. This has not had a significant impact on the stock price.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Neutral
  • Medium-term (1-3 months): Weak downtrend
  • Long-term (3-12 months): Uptrend

Support/Resistance Levels:

  • SMA 20: $100.75 (resistance)
  • SMA 50: $100.83 (support)
  • Upper Bollinger Band: $101.17 (resistance)

Momentum Signals:

  • RSI interpretation: Neutral, below 70
  • MACD signal: Bearish
  • Bollinger Bands position: Neutral

Volume Analysis: Volume indicators suggest a low volume regime, with no significant institutional interest.

News & Sentiment Analysis

Recent Headlines Summary: Mixed news headlines with one negative article and two neutral articles.

Sentiment Assessment: Neutral sentiment, with no strong emotions detected.

Catalyst Identification: No recent news headlines suggesting a catalyst for a large price movement.

Market Narrative: The market narrative suggests that VTES is in a consolidation phase, with no strong buy or sell signals.

Risk & Volatility Assessment

Beta Interpretation: Low volatility - stock moves less than market (beta: 0.03).

Volatility Regime: Historically low volatility.

Options Market Signals: Options market pricing a $3.50 move by expiration, but there are no recent news headlines suggesting such a large movement.

Downside Protection: Support levels at SMA 20 and SMA 50 provide some downside protection.

Market Context & Positioning

Sector Performance: VTES is performing in line with its sector.

Institutional Activity: Low institutional interest, suggesting no significant buying or selling pressure.

Correlation Analysis: Correlated with the market (R-squared: 0.26).

Relative Valuation: Trading within its historical range.

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $100.75 (resistance)
  • SMA 50: $100.83 (support)

Breakout/Breakdown Levels:

  • Upper Bollinger Band: $101.17 (resistance)

Time-Sensitive Catalysts: No recent news headlines suggesting a catalyst for a large price movement.

Risk Management: Consider stop-loss levels at SMA 20 and SMA 50, with position sizing considerations based on market conditions.

Note: This report is intended to provide an objective analysis of the stock's technical and fundamental indicators, as well as its market context. The report does not provide buy or sell recommendations.

Generated

VTES Options Activity & IV Rank

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

Volatility Metrics

Current IV: 15.2%
7-DTE IV: —
Expected Move: $0.00
7-DTE Move: $0.00
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 29
Put Volume: 0
P/C Volume: —
BULLISH
Call OI: 29
Put OI: 0
P/C OI: —
Total OI: 29

ATM Options Pricing

ATM Call: $0.00
ATM Put: $0.00
Call %: 0.0%
Put %: 0.0%

Chain Summary

Chain Volume: 35
Chain OI: 35
Last Updated: 10/21/2026
Spread Scanner GPU

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 12.4% / 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)42.7MediumOct 21
Straddle Price (30 DTE)$0.00Oct 21
Beta Analysis

Risk Metrics

Beta: 0.0380
Alpha: -2.61%
Correlation: 0.2648
R-Squared: 7.0%
Stock Volatility: 1.8%
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

VTES 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.

315 filers9,295,520 shares$938.04M value
# Filer Shares Value % of Total % of Float Period
1 MERCER GLOBAL ADVISORS INC /ADV 1,254,555 $127.10M 13.55% — 2026-06-30
2 Wescott Financial Advisory Group, LLC 739,648 $74.93M 7.99% — 2026-06-30
3 Bank of America Corp Custodian 409,264 $41.46M 4.42% — 2026-06-30
4 Gleason Group, Inc. 361,222 $35.62M 3.80% — 2026-09-30
5 TIAA Wealth Investment Management LLC 234,984 $23.81M 2.54% — 2026-06-30
6 SEEDS INVESTOR LLC 198,242 $20.08M 2.14% — 2026-06-30
7 Wells Fargo & Company Custodian 189,383 $19.19M 2.05% — 2026-06-30
8 Savant Capital, LLC 181,064 $18.33M 1.95% — 2026-06-30
9 Raymond James Financial, Inc. Custodian 168,178 $17.04M 1.82% — 2026-06-30
10 Goldman Sachs Group Inc Custodian 157,546 $15.96M 1.70% — 2026-06-30
11 Cetera Investment Advisers Custodian 120,115 $12.17M 1.30% — 2026-06-30
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 117,909 $11.64M 1.24% — 2026-09-30
13 Morgan Stanley Custodian 101,975 $10.33M 1.10% — 2026-06-30
14 Envestnet Asset Management, Inc. 100,525 $10.18M 1.09% — 2026-06-30
15 Northwestern Mutual Wealth Management Co 99,216 $10.05M 1.07% — 2026-06-30
16 S.A. Mason LLC 100,969 $9.96M 1.06% — 2026-09-30
17 LPL Financial LLC Custodian 97,134 $9.84M 1.05% — 2026-06-30
18 Beacon Bank & Trust 96,154 $9.74M 1.04% — 2026-06-30
19 HALL CAPITAL MANAGEMENT CO INC 95,531 $9.68M 1.03% — 2026-06-30
20 Beaird Harris Wealth Management, LLC 94,970 $9.62M 1.03% — 2026-06-30
21 Jones Financial Companies LLLP Custodian 94,954 $9.62M 1.03% — 2026-06-30
22 Stonebridge Capital Advisors LLC 94,224 $9.55M 1.02% — 2026-06-30
23 Beacon Pointe Advisors, LLC 88,991 $9.02M 0.96% — 2026-06-30
24 TruNorth Capital Management, LLC 90,580 $8.93M 0.95% — 2026-09-30
25 Altiora Financial Group, LLC 87,674 $8.88M 0.95% — 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
1.05M
SI % of Float
—
Days to Cover
1.05
Short Vol Ratio
39.3%
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