FSMD Short Volume
Fidelity Small-Mid Multifactor ETF (FSMD) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $2.34B, listed on AMEX, carrying a beta of 1.03 to the broader market. Targets stocks of small- and mid-capitalization US companies with attractive valuations, high-quality profiles, positive momentum signals, and lower volatility than the broader market public since 2019-02-28.
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
- 2026-05-15
- Short Volume
- 28.9K
- Total Volume
- 99.3K
- Short %
- 29.13%
- 30-Day Avg Short %
- 25.86%
Showing 30 days of FINRA short volume data for Fidelity Small-Mid Multifactor ETF.
Learn how short volume is reported and how to read the data →
Frequently asked FSMD short volume questions
- What is the daily FSMD short volume?
- As of May 15, 2026, Fidelity Small-Mid Multifactor ETF (FSMD) short volume is 28.9K shares against 99.3K total reported volume, or 29.13% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is FSMD 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 FSMD 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.