PAYH Short Volume
Elevation Series Trust - TrueShares S&P Autocallable High Income ETF (PAYH) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $1.0M, listed on CBOE, carrying a beta of 2.02 to the broader market. Managed by TrueMark Investments, LLC, the Elevation Series Trust - TrueShares S&P Autocallable High Income ETF is an exchange-traded fund based in the United States. Led by David Nicholas, public since 2025-12-31.
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
- 1.4K
- Total Volume
- 2.1K
- Short %
- 69.50%
- 30-Day Avg Short %
- 64.94%
Showing 30 days of FINRA short volume data for Elevation Series Trust - TrueShares S&P Autocallable High Income ETF.
Learn how short volume is reported and how to read the data →
Frequently asked PAYH short volume questions
- What is the daily PAYH short volume?
- As of Jul 16, 2026, Elevation Series Trust - TrueShares S&P Autocallable High Income ETF (PAYH) short volume is 1.4K shares against 2.1K total reported volume, or 69.50% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is PAYH 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 PAYH 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.