NANC Short Volume
Unusual Whales Subversive Democratic Trading ETF (NANC) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $263.7M, listed on CBOE, carrying a beta of 1.13 to the broader market. The fund is an actively managed diversified exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in equity securities of publicly traded companies that sitting Democratic members of United States Congress and/or their families also have reported to have invested in through public disclosure filings made by such Congresspersons pursuant to the Stop Trading on Congressional Knowledge Act (“STOCK Act”). public since 2023-02-07.
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
- 1.7K
- Total Volume
- 16.3K
- Short %
- 10.70%
- 30-Day Avg Short %
- 24.10%
Showing 30 days of FINRA short volume data for Unusual Whales Subversive Democratic Trading ETF.
Learn how short volume is reported and how to read the data →
Frequently asked NANC short volume questions
- What is the daily NANC short volume?
- As of May 15, 2026, Unusual Whales Subversive Democratic Trading ETF (NANC) short volume is 1.7K shares against 16.3K total reported volume, or 10.70% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is NANC 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 NANC 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.