KONG Short Volume
Formidable Fortress ETF (KONG) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $21.5M, listed on CBOE, carrying a beta of 0.62 to the broader market. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (“REITs”), and other equity investments or ownership interests in business enterprises. public since 2021-07-22.
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
- 357
- Total Volume
- 555
- Short %
- 64.32%
- 30-Day Avg Short %
- 63.83%
Showing 30 days of FINRA short volume data for Formidable Fortress ETF.
Learn how short volume is reported and how to read the data →
Frequently asked KONG short volume questions
- What is the daily KONG short volume?
- As of Jun 1, 2026, Formidable Fortress ETF (KONG) short volume is 357 shares against 555 total reported volume, or 64.32% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is KONG 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 KONG 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.