CPNJ Short Volume
Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $40.0M, listed on AMEX, carrying a beta of 0.22 to the broader market. This Calamos ETF series is engineered to allow investors to participate in the positive price appreciation of the Nasdaq-100 index. public since 2024-06-03.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-07-16
- Short Volume
- 40.7K
- Total Volume
- 41.7K
- Short %
- 97.58%
- 30-Day Avg Short %
- 56.59%
Showing 30 days of FINRA short volume data for Calamos Nasdaq-100 Structured Alt Protection ETF – June.
Learn how short volume is reported and how to read the data →
Frequently asked CPNJ short volume questions
- What is the daily CPNJ short volume?
- As of Jul 16, 2026, Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) short volume is 40.7K shares against 41.7K total reported volume, or 97.58% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is CPNJ short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does CPNJ short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.