ISMD Short Volume

Inspire Small/Mid Cap ETF (ISMD) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $294.0M, listed on AMEX, carrying a beta of 1.20 to the broader market. Inspire Small/Mid Cap ETF invests into inspiring, biblically aligned small and mid-sized companies from the United States as determined by Inspire Impact Scores greater than or equal to zero. public since 2017-02-28.

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

2026-06-01

Short Volume

10.5K

Total Volume

33.2K

Short %

31.48%

30-Day Avg Short %

54.47%

Showing 30 days of FINRA short volume data for Inspire Small/Mid Cap ETF.

Learn how short volume is reported and how to read the data →

Frequently asked ISMD short volume questions

What is the daily ISMD short volume?

As of Jun 1, 2026, Inspire Small/Mid Cap ETF (ISMD) short volume is 10.5K shares against 33.2K total reported volume, or 31.48% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.

How is ISMD 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 ISMD 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.