U.S. ETF Short Interest Recap

Author:

Ihor Dusaniwsky

Managing Director of Predictive Analytics, S3 Partners

April 12, 2024

There are 2,908 ETFs and Funds with active shares shorted in our Blacklight SaaS platform and Black App with $234 billion of short interest. Average Short Interest % of Float is 15.63% and S3 SI % Float (which includes synthetic longs created by every short sale in the Float number) is 11.52%, while the average stock borrow fee is 0.67%. As a comparison, U.S. equities have an average SI % Float of 4.79%, S3 SI % Float of 4.31% and average stock borrow fee of 0.62%.

U.S. ETF Short Interest

Ticker

SI % Float

Short Interest

SPDR SP 500 ETF

SPY

9.90%

$51,664,491,489

INVESCO QQQ TRUST ETF

QQQ

9.69%

$24,862,570,309

ISHS RUSSELL 2000 ETF

IWM

26.30%

$16,450,425,271

ISHS MSCI EAFE ETF

EFA

11.30%

$5,921,166,605

ISHS IBOXX $ INV GRD CORP BOND ETF

LQD

18.82%

$5,819,809,269

ISHS 20 YR TREAS BOND ETF

TLT

12.04%

$5,578,932,018

ISHS IBOXX $ HIGH YIELD CORP BOND ETF

HYG

30.37%

$4,816,223,586

SPDR S&P BIOTECH ETF

XBI

68.45%

$4,763,038,124

SPDR FINANCIAL SELECT SECTOR ETF

XLF

11.98%

$4,505,631,045

SPDR INDUSTRIAL SELECT SECTOR ETF

XLI

20.89%

$3,815,814,067

ISHS MSCI EMERGING MARKETS ETF

EEM

16.80%

$3,063,260,491

INVESCO S&P 500 EQUAL WEIGHT ETF

RSP

5.11%

$2,855,137,778

SPDR GOLD TR ETF

GLD

4.60%

$2,853,705,321

VNGRD S&P 500 ETF

VOO

0.65%

$2,808,217,093

PROSHS ULTRAPRO QQQ ETF

TQQQ

12.65%

$2,643,720,819

VANECK SEMICONDUCTOR ETF

SMH

13.28%

$2,466,635,518

SPDR ENERGY SELECT SECTOR ETF

XLE

5.72%

$2,381,440,108

SPDR UTILITIES SELECT SECTOR ETF

XLU

21.39%

$2,139,386,821

ISHS CHINA LARGE CAP ETF

FXI

47.00%

$2,132,249,748

SPDR HEALTH CARE SELECT SECTOR ETF

XLV

5.30%

$2,070,400,474

ISHS JPM $ EMERGING MARKETS BOND ETF

EMB

14.83%

$2,034,136,173

SPDR SP OIL\GAS EXPLOR\PROD ETF

XOP

47.07%

$2,016,143,507

SPDR DJIA ETF

DIA

6.07%

$2,003,076,007

SPDR SP REGIONAL BANKING ETF

KRE

73.61%

$1,943,676,682

ISHS MSCI ACWI INDEX ETF

ACWI

9.88%

$1,898,132,737

Total U.S. ETF Short Interest

15.63%

$234,113,259,241

Overall ETF short exposure decreased from $239.2 billion to $234.1 billion, a decrease of $5.1 billion, or -2.1%, over the last thirty days. Change in short interest is comprised of mark-to-market price changes of existing shorts coupled with new short selling or covering. We saw a $0.6 billion decrease in the market-to-market value of existing short positions with an additional $4.4 billion short covering.

The broader and larger market caps rallied (the S&P 500, Nasdaq and Russell 3000 were up between 1.2% and 2.2%) while smaller cap stocks declined (Russell 2000 was down -2.9%) over the last thirty days. There was a mix of ETF short selling and covering among sectors, market caps and asset classes.

While there was $4.4 billion of net ETF short covering over the last thirty days there almost twice as many ETFs with increased short selling (64%) versus ETFs with short covering (35%). There was only one ETF with new short selling over $1 billion while there were four ETFs with short covering over $1 billion.

The largest increase in ETF\Fund short selling over the last thirty days were:

ETF Short Selling

Ticker

SI % Float

Short Interest

30D Change Shares Shorted

ISHS MSCI EAFE ETF

EFA

11.30%

$5,921,166,605

$2,109,964,695

ISHS 20 YR TREAS BOND ETF

TLT

12.04%

$5,578,932,018

$875,324,590

ISHS MSCI JAPAN ETF

EWJ

7.68%

$1,304,358,484

$705,394,328

ISHS PHLX SEMICONDUCTOR ETF

SOXX

10.82%

$1,357,063,103

$562,383,205

ISHS N AMER TECH-SOFTWARE ETF

IGV

14.66%

$982,223,990

$538,768,554

VNGRD S&P 500 ETF

VOO

0.65%

$2,808,217,093

$472,788,014

ISHS SILVER TRUST ETF

SLV

7.28%

$887,593,870

$283,068,182

ISHS MSCI S KOREA ETF

EWY

14.76%

$742,553,472

$280,455,721

PROSHS ULTRAPRO QQQ ETF

TQQQ

12.65%

$2,643,720,819

$278,141,497

ISHS CORE US AGGREGATE BOND ETF

AGG

1.31%

$1,355,054,114

$271,628,277

The largest increase in ETF\Fund short covering over the last thirty days were:

ETF Short Covering

Ticker

SI % Float

Short Interest

30D Change Shares Shorted

SPDR SP 500 ETF

SPY

9.90%

$51,664,491,489

($5,005,559,258)

ISHS IBOXX $ HIGH YIELD CORP BOND ETF

HYG

30.37%

$4,816,223,586

($1,233,186,357)

ISHS S&P 500 ETF

IVV

0.36%

$1,612,342,204

($1,078,210,429)

ISHS IBOXX $ INV GRD CORP BOND ETF

LQD

18.82%

$5,819,809,269

($1,050,114,629)

ISHS RUSSELL 2000 ETF

IWM

26.30%

$16,450,425,271

($929,636,421)

INVESCO QQQ TRUST ETF

QQQ

9.69%

$24,862,570,309

($598,374,743)

ISHS MSCI EMERGING MARKETS ETF

EEM

16.80%

$3,063,260,491

($535,476,126)

ISHS CORE MSCI EAFE ETF

IEFA

0.95%

$1,078,429,868

($510,850,943)

SPDR FINANCIAL SELECT SECTOR ETF

XLF

11.98%

$4,505,631,045

($504,664,523)

SPDR ENERGY SELECT SECTOR ETF

XLE

5.72%

$2,381,440,108

($485,933,863)

Sometimes it is valuable to see not just the absolute change in the numbers surrounding shorted ETFs, but which specific ETFs rose or fell out of the top twenty-five most shorted ETFs to see the tone of the short side of the market.

There were three ETFs that fell out of the top twenty-five league table over the last thirty days: the iShares S&P 500 ETF (IVV), SPDR Consumer Staples Select Sector ET (XLP) and the iShares 1-3 Year Treasury Bond ETF (SHY). They were replaced by the iShares JPM USD Emerging Markets Bond ETF (EMB), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the iShares MSCI ACWI ETF (ACWI).

U.S. ETF Short Interest 4/10

Ticker

U.S. ETF Short Interest 3/8

Ticker

SPDR SP 500 ETF

SPY

SPDR SP 500 ETF

SPY

INVESCO QQQ TRUST ETF

QQQ

INVESCO QQQ TRUST ETF

QQQ

ISHS RUSSELL 2000 ETF

IWM

ISHS RUSSELL 2000 ETF

IWM

ISHS MSCI EAFE ETF

EFA

ISHS IBOXX $ INV GRD CORP BOND ETF

LQD

ISHS IBOXX $ INV GRD CORP BOND ETF

LQD

ISHS IBOXX $ HIGH YIELD CORP BOND ETF

HYG

ISHS 20 YR TREAS BOND ETF

TLT

SPDR S&P BIOTECH ETF

XBI

ISHS IBOXX $ HIGH YIELD CORP BOND ETF

HYG

SPDR FINANCIAL SELECT SECTOR ETF

XLF

SPDR S&P BIOTECH ETF

XBI

ISHS 20 YR TREAS BOND ETF

TLT

SPDR FINANCIAL SELECT SECTOR ETF

XLF

SPDR INDUSTRIAL SELECT SECTOR ETF

XLI

SPDR INDUSTRIAL SELECT SECTOR ETF

XLI

ISHS MSCI EAFE ETF

EFA

ISHS MSCI EMERGING MARKETS ETF

EEM

ISHS MSCI EMERGING MARKETS ETF

EEM

INVESCO S&P 500 EQUAL WEIGHT ETF

RSP

SPDR GOLD TR ETF

GLD

SPDR GOLD TR ETF

GLD

ISHS S&P 500 ETF

IVV

VNGRD S&P 500 ETF

VOO

INVESCO S&P 500 EQUAL WEIGHT ETF

RSP

PROSHS ULTRAPRO QQQ ETF

TQQQ

SPDR ENERGY SELECT SECTOR ETF

XLE

VANECK SEMICONDUCTOR ETF

SMH

VANECK SEMICONDUCTOR ETF

SMH

SPDR ENERGY SELECT SECTOR ETF

XLE

PROSHS ULTRAPRO QQQ ETF

TQQQ

SPDR UTILITIES SELECT SECTOR ETF

XLU

VNGRD S&P 500 ETF

VOO

ISHS CHINA LARGE CAP ETF

FXI

SPDR HEALTH CARE SELECT SECTOR ETF

XLV

SPDR HEALTH CARE SELECT SECTOR ETF

XLV

SPDR UTILITIES SELECT SECTOR ETF

XLU

ISHS JPM $ EMERGING MARKETS BOND ETF

EMB

SPDR DJIA ETF

DIA

SPDR SP OIL\GAS EXPLOR\PROD ETF

XOP

ISHS CHINA LARGE CAP ETF

FXI

SPDR DJIA ETF

DIA

SPDR SP REGIONAL BANKING ETF

KRE

SPDR SP REGIONAL BANKING ETF

KRE

SPDR CONS STAPLES SELECT SECTOR ETF

XLP

ISHS MSCI ACWI INDEX ETF

ACWI

ISHS 1-3 YR TREASURY BOND ETF

SHY

ETF short interest as a % of Float is a much more fluid metric than it is for equities as ETFs are constantly created and\or redeemed which changes their shares outstanding\float numbers sometimes daily. The average SI % Float for equities is 4.79% versus 15.63% for ETFs. The following are ETFs with the highest SI % Float with overall short interest greater than $50 million. The SPDR S&P Retail ETF (XRT) continues to lead the pack along with the SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) as the only ETFs with SI % Float over 100% and S3 SI % Float over 50%.

ETF SI & S3 SI % Float

Ticker

SI % Float

S3 SI % Float

Short Interest

SPDR S&P RETAIL ETF

XRT

293.85%

74.61%

$1,530,584,782

SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF

NZAC

148.30%

59.73%

$162,577,134

PROSHS ULTRASHORT BBERG NAT GAS ETF

KOLD

99.85%

49.96%

$105,178,318

SPDR SP REGIONAL BANKING ETF

KRE

73.61%

42.40%

$1,943,676,682

SPDR S&P BIOTECH ETF

XBI

68.45%

40.63%

$4,763,038,124

IPATH SERIES B SP 500 VIX ST FUT ETN

VXX

60.96%

37.87%

$185,426,515

DRXN DAILY 20 YR TREASURY BEAR 3X ETF

TMV

55.29%

35.61%

$156,120,640

SPDR SP OIL\GAS EXPLOR\PROD ETF

XOP

47.07%

32.01%

$2,016,143,507

ISHS CHINA LARGE CAP ETF

FXI

47.00%

31.97%

$2,132,249,748

VANECK OIL SERVICES ETF

OIH

35.96%

26.45%

$820,780,921

AXS SHORT INNOVATION DAILY ETF

SARK

35.74%

26.33%

$48,873,241

U.S. OIL FUND ETF

USO

34.92%

25.88%

$448,092,917

SPDR S&P HOMEBUILDERS ETF

XHB

33.08%

24.86%

$623,160,015

PROSHS ULTRA 1.5X VIX S.T. FUTURES ETF

UVXY

31.51%

23.96%

$88,955,699

DRXN DAILY FTSE CHINA BEAR 3X ETF

YANG

30.50%

23.37%

$42,368,151

ISHS IBOXX $ HIGH YIELD CORP BOND ETF

HYG

30.37%

23.29%

$4,816,223,586

ISHS MSCI BRAZIL ETF

EWZ

26.33%

20.84%

$1,326,394,393

ISHS RUSSELL 2000 ETF

IWM

26.30%

20.83%

$16,450,425,271

PROSHS ULTRASHORT MSCI EAFE ETF

EFU

24.96%

19.98%

$173,066

VANECK PHARMACEUTICAL ETF

PPH

24.96%

19.97%

$132,306,435

ETF stock borrow fees rarely get extremely expensive (over 5% fee) as brokers will usually create ETF shares in order to meet stock borrow demand as rates make the share creation and hedging profitable. Rates in certain ETFs tend to climb for two main reasons, there is very little marginable or rehypothicatable stock in the market which limits the stock lending availability pool or the process of creating and hedging the ETF is difficult or very expensive (active or leveraged ETFs, ETFs with illiquid constituents or ETFs with difficult to hedge asset classes). The following are ETFs with the highest stock borrow fees with short interest over $50 million:

ETF Stock Borrow Fees

Ticker

SI % Float

Fee

Short Interest

2X BITCOIN STRATEGY ETF

BITX

3.52%

18.82%

$57,401,081

DRXN DAILY 20 YR TREASURY BEAR 3X ETF

TMV

55.29%

16.32%

$156,120,640

PROSHS ULTRASHORT BBERG NAT GAS ETF

KOLD

99.85%

15.32%

$105,178,318

PROSHS ULTRA 2X 20+ YR TREAS ETF

TBT

14.07%

13.57%

$50,017,046

DRXN DAILY SMALL CAP BEAR 3X ETF

TZA

13.05%

8.82%

$51,877,440

PROSHS ULTRA 1.5X VIX S.T. FUTURES ETF

UVXY

31.51%

7.32%

$88,955,699

US GLOBAL JETS ETF

JETS

23.16%

6.07%

$278,766,591

SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF

NZAC

148.30%

6.07%

$162,577,134

ALERIAN MLP ETF

AMLP

1.66%

5.57%

$138,495,213

ISHS NATIONAL MUNI BOND ETF

MUB

1.64%

5.07%

$602,524,546

DRXN DAILY SEMICONDUCTOR BEAR 3X ETF

SOXS

19.13%

5.07%

$149,068,065

PROSHS SHORT VIX SHORT TERM FUTURES ETF

SVXY

19.05%

4.07%

$59,990,071

XTRACKERS HARVEST CSI 300 CHINA A ETF

ASHR

14.46%

3.82%

$241,333,717

VNGRD TAX-EXEMPT BOND INDEX ETF

VTEB

0.88%

3.57%

$284,691,316

DRXN NASDAQ 100 EQUAL WEIGHTED ETF

QQQE

7.50%

3.57%

$91,510,904

PROSHS ULTRAPRO SHORT SP 500 ETF

SPXU

11.19%

3.57%

$69,503,414

PROSHS ULTRA 2X BBERG CRUDE OIL ETF

UCO

10.15%

3.57%

$61,745,282

VANECK PHARMACEUTICAL ETF

PPH

24.96%

3.07%

$132,306,435

ISHS US FINANCIALS ETF

IYF

2.27%

3.07%

$57,768,508

IPATH SERIES B SP 500 VIX ST FUT ETN

VXX

60.96%

2.82%

$185,426,515

SI % Float and stock borrow costs are just two of the variables in our multi-factor Crowded Score metric along with the overall size of the short, stock borrow liquidity and trading liquidity.

The ETF\Funds with the highest Crowded Scores are:

ETF Crowded Scores

Ticker

Short Interest

S3SI%Flt

Crowded Score

SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF

NZAC

$ 162,577,134

59.73%

95.00

SPDR S&P BIOTECH ETF

XBI

$ 4,763,038,124

40.63%

87.50

VANECK OIL SERVICES ETF

OIH

$ 820,780,921

26.45%

87.50

VANECK PHARMACEUTICAL ETF

PPH

$ 132,306,435

19.97%

85.00

SPDR SP OIL\GAS EXPLOR\PROD ETF

XOP

$ 2,016,143,507

32.01%

82.50

SPDR SP REGIONAL BANKING ETF

KRE

$ 1,943,676,682

42.40%

82.50

ISHS NASDAQ BIOTECH ETF

IBB

$ 1,631,020,685

18.37%

82.50

SPDR S&P RETAIL ETF

XRT

$ 1,530,584,782

74.61%

82.50

ISHS CHINA LARGE CAP ETF

FXI

$ 2,132,249,748

31.97%

77.50

ISHS MSCI SAUDI ARABIA ETF

KSA

$ 202,600,059

19.45%

77.50

ISHS RUSSELL 2000 ETF

IWM

$ 16,450,425,271

20.83%

75.00

ARK GENOMIC REVOLUTION ETF

ARKG

$ 338,270,787

18.67%

75.00

DRXN DAILY 20 YR TREASURY BEAR 3X ETF

TMV

$ 156,120,640

35.61%

75.00

PROSHS ULTRASHORT BBERG NAT GAS ETF

KOLD

$ 105,178,318

49.96%

75.00

ISHS IBOXX $ HIGH YIELD CORP BOND ETF

HYG

$ 4,816,223,586

23.29%

72.50

SPDR INDUSTRIAL SELECT SECTOR ETF

XLI

$ 3,815,814,067

17.28%

72.50

U.S. OIL FUND ETF

USO

$ 448,092,917

25.88%

72.50

US GLOBAL JETS ETF

JETS

$ 278,766,591

18.81%

72.50

SPDR UTILITIES SELECT SECTOR ETF

XLU

$ 2,139,386,821

17.62%

70.00

SPDR S&P HOMEBUILDERS ETF

XHB

$ 623,160,015

24.86%

70.00

PROSHS ULTRASHORT MSCI EAFE ETF

EFU

$ 173,066

19.98%

70.00

Institutionally, ETFs are primarily used as portfolio hedging vehicles (SPY, IWM & QQQ shorts make up 40% of total ETF short interest) so one can expect that in an upward trending market most of the larger ETF short positions would have negative returns. But mid-cap and small -cap stocks underperformed the larger cap and tech stocks over the last thirty days with the iShares Russell 2000 ETF (IWM) was down -2.9%.

This divergence of market performance by sectors and market caps brought about some interesting P\L results over the last thirty days. While the majority of short ETF positions, 57%, had positive returns over the last thirty days, 54% of every dollar at risk shorting ETFs was unprofitable. Additionally, profitable trades had a net return of +2.91% while unprofitable trades only lost -1.67%. Overall, ETF short sellers were up $1.02 billion in thirty-day mark-to-market profits, up +0.43%.

The most profitable ETF shorts, in dollar terms, over the last thirty days were:

ETF 30 Day MTM P\L

Ticker

Avg Short Interest

30D MTM P\L

P\L %

SPDR S&P BIOTECH ETF

XBI

$4,988,011,904

$470,138,389

9.43%

ISHS RUSSELL 2000 ETF

IWM

$17,325,034,312

$461,740,124

2.67%

ISHS 20 YR TREAS BOND ETF

TLT

$5,689,606,337

$309,507,259

5.44%

ISHS IBOXX $ INV GRD CORP BOND ETF

LQD

$6,199,166,413

$163,449,245

2.64%

DRXN DAILY 20 YR TREAS BULL 3X ETF

TMF

$791,958,496

$145,685,661

18.40%

DRXN DAILY SEMICONDUCTOR BULL 3X ETF

SOXL

$787,571,121

$113,253,437

14.38%

SPDR SP REGIONAL BANKING ETF

KRE

$2,026,392,411

$110,270,563

5.44%

ARK INNOVATION ETF

ARKK

$1,242,409,120

$80,936,411

6.51%

ISHS NASDAQ BIOTECH ETF

IBB

$1,624,271,312

$79,549,818

4.90%

ISHS MSCI EAFE ETF

EFA

$5,229,074,727

$77,442,532

1.48%

The least profitable ETF shorts, in dollar terms, over the last thirty days were:

ETF 30 Day MTM P\L

Ticker

Avg Short Interest

30D MTM P\L

P\L %

SPDR SP 500 ETF

SPY

$53,906,335,182

($296,402,391)

-0.55%

SPDR ENERGY SELECT SECTOR ETF

XLE

$2,491,715,643

($257,401,303)

-10.33%

SPDR SP OIL\GAS EXPLOR\PROD ETF

XOP

$1,993,367,594

($227,740,752)

-11.42%

SPDR GOLD TR ETF

GLD

$2,991,381,235

($183,696,812)

-6.14%

ISHS SILVER TRUST ETF

SLV

$715,273,364

($100,322,606)

-14.03%

VANECK GOLD MINERS ETF

GDX

$800,515,953

($99,460,692)

-12.42%

VANECK OIL SERVICES ETF

OIH

$803,534,619

($87,773,814)

-10.92%

ISHS CHINA LARGE CAP ETF

FXI

$2,198,297,965

($86,454,687)

-3.93%

SPDR INDUSTRIAL SELECT SECTOR ETF

XLI

$4,042,622,395

($62,884,275)

-1.56%

KRANESHS CSI CHINA INTERNET ETF

KWEB

$661,034,701

($53,645,883)

-8.12%

The outright size of some ETF shorts can skew the results when looking at Profit & Loss in dollar terms, looking at Profit & Loss in percentage terms tells us which shorted ETFs had the largest price moves over the last thirty days.

The most profitable shorted ETFs in percentage terms with over $50 million in short interest were:

ETF 30 Day MTM P\L

Ticker

Avg Short Interest

30D MTM P\L

P\L %

DRXN SAILY S&P BIOTECH BULL 3X ETF

LABU

$128,818,943

$40,616,880

31.53%

DRXN DAILY 20 YR TREAS BULL 3X ETF

TMF

$791,958,496

$145,685,661

18.40%

DRXN DAILY SEMICONDUCTOR BULL 3X ETF

SOXL

$787,571,121

$113,253,437

14.38%

ARK GENOMIC REVOLUTION ETF

ARKG

$340,673,974

$42,128,139

12.37%

DRXN SMALL CAP BULL 3X ETF

TNA

$204,563,913

$23,612,961

11.54%

SPDR S&P BIOTECH ETF

XBI

$4,988,011,904

$470,138,389

9.43%

ISHS BITCOIN TRUST

IBIT

$55,599,483

$4,047,898

7.28%

SPDR REAL ESTATE SELECT SECTOR ETF

XLRE

$151,134,283

$10,398,091

6.88%

PROSHS ULTRA 2X BBERG NAT GAS ETF

BOIL

$77,439,544

$5,272,775

6.81%

ARK INNOVATION ETF

ARKK

$1,242,409,120

$80,936,411

6.51%

The least profitable shorted ETFs in percentage terms with over $50 million in short interest were:

ETF 30 Day MTM P\L

Ticker

Avg Short Interest

30D MTM P\L

P\L %

PROSHS ULTRA 2X BBERG CRUDE OIL ETF

UCO

$59,919,656

($10,728,659)

-17.91%

DRXN DAILY 20 YR TREASURY BEAR 3X ETF

TMV

$163,902,858

($28,684,856)

-17.50%

ADVISORSHS PURE US CANNABIS ETF

MSOS

$204,574,734

($30,341,794)

-14.83%

ISHS SILVER TRUST ETF

SLV

$715,273,364

($100,322,606)

-14.03%

VANECK JR GOLD MINERS ETF

GDXJ

$251,632,084

($34,976,278)

-13.90%

VANECK GOLD MINERS ETF

GDX

$800,515,953

($99,460,692)

-12.42%

PROSHS ULTRA 2X 20+ YR TREAS ETF

TBT

$51,497,721

($6,179,657)

-12.00%

SPDR SP OIL\GAS EXPLOR\PROD ETF

XOP

$1,993,367,594

($227,740,752)

-11.42%

U.S. OIL FUND ETF

USO

$379,514,573

($41,925,176)

-11.05%

VANECK OIL SERVICES ETF

OIH

$803,534,619

($87,773,814)

-10.92%

Total short interest in the ARK family of ETFs decreased by $88 million, from $1.72 billion to $1.63 billion. There was $119 million of mark-to-market decreases in the value of shares shorted which was partially offset by $31 million of new short selling.

ARK Family ETF Short Interest

Ticker

SI % Float

Fee

Short Interest

30D Change Shares Shorted

ARK 21SHARES BITCOIN ETF

ARKB

0.41%

0.57%

$12,435,411

$9,739,212

ARK FINTECH INNOVATION ETF

ARKF

2.27%

0.30%

$24,692,774

$1,048,377

ARK GENOMIC REVOLUTION ETF

ARKG

22.96%

2.32%

$338,270,787

$44,519,843

ARK INNOVATION ETF

ARKK

16.61%

1.95%

$1,196,743,838

($19,623,585)

ARK AUTOMONOUS TECH ROBOTICS ETF

ARKQ

0.79%

0.45%

$6,765,128

($44,863)

ARK NEXT GEN INTERNET ETF

ARKW

2.41%

0.45%

$40,632,435

($4,585,900)

ARK SPACE EXPLORATION INNOVATION ETF

ARKX

0.50%

3.57%

$1,193,613

$866,259

ARK ISRAEL INNOVATIVE TECHNOLOGY ETF

IZRL

5.33%

8.32%

$5,576,423

($1,710,846)

THE 3D PRINTING ETF

PRNT

0.98%

1.57%

$1,282,600

$628,653

Total Short Interest

17.11

1.97%

$1,627,593,009

$30,837,150

Shorting ARK ETFs has been a profitable trade in 2024 with short sellers up $189 million in year-to-date mark-to-market profits, up +10.95% on an average short interest of $1.73 billion.

ARK Family ETF YTD MTM P\L

Ticker

Avg Short Interest

YTD MTM P\L

P\L %

ARK 21SHARES BITCOIN ETF

ARKB

$13,790,685

($9,562,327)

-69.34%

ARK FINTECH INNOVATION ETF

ARKF

$27,717,406

($92,845)

-0.33%

ARK GENOMIC REVOLUTION ETF

ARKG

$278,130,139

$47,571,112

17.10%

ARK INNOVATION ETF

ARKK

$1,352,864,739

$154,597,151

11.43%

ARK AUTOMONOUS TECH ROBOTICS ETF

ARKQ

$6,148,265

$462,578

7.52%

ARK NEXT GEN INTERNET ETF

ARKW

$41,194,348

($3,538,387)

-8.59%

ARK SPACE EXPLORATION INNOVATION ETF

ARKX

$379,996

$21,788

5.73%

ARK ISRAEL INNOVATIVE TECHNOLOGY ETF

IZRL

$7,546,126

($221,518)

-2.94%

THE 3D PRINTING ETF

PRNT

$778,872

$19,055

2.45%

YTD MTM P\L

$1,728,550,576

$189,256,607

10.95%

Most of the year-to-date mark-to-market profits occurred over the last thirty days with ARK short sellers up $125 million in mark-to-market profits, up +7.47% on an average short interest of $1.67 billion.

Ark Family ETF 30 Day MTM P\L

Ticker

Avg Short Interest

30D MTM P\L

P\L %

ARK 21SHARES BITCOIN ETF

ARKB

$6,573,322

($104,800)

-1.59%

ARK FINTECH INNOVATION ETF

ARKF

$24,807,019

$527,125

2.12%

ARK GENOMIC REVOLUTION ETF

ARKG

$340,673,974

$42,128,139

12.37%

ARK INNOVATION ETF

ARKK

$1,242,409,120

$80,936,411

6.51%

ARK AUTOMONOUS TECH ROBOTICS ETF

ARKQ

$7,269,918

$251,585

3.46%

ARK NEXT GEN INTERNET ETF

ARKW

$42,977,041

$927,851

2.16%

ARK SPACE EXPLORATION INNOVATION ETF

ARKX

$792,348

$24,888

3.14%

ARK ISRAEL INNOVATIVE TECHNOLOGY ETF

IZRL

$6,386,465

$271,595

4.25%

THE 3D PRINTING ETF

PRNT

$1,062,935

$14,833

1.40%

30 Day MTM P\L

$1,672,952,142

$124,977,627

7.47%

Our Blacklight SaaS platform and Black App provides an up-to-date view of short selling and short covering on an equity, sector, index, or country-wide basis allowing investors\traders to better manage their existing long and short positions. The Black MaP and Black App products provide a total view of long and short positioning in the market with a breakdown between Active\Passive long investors, 24 Fund type entities, over 50k securities globally across 108 countries and data from 58 regulatory exchanges.

Related Articles