PAYM Short Volume

TrueShares S&P Autocallable Defensive Income ETF (PAYM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $243.0M, listed on CBOE, carrying a beta of 1.42 to the broader market. The Fund seeks to generate moderate monthly income while reducing downside risk. Led by Jay Pestrichelli, public since 2025-12-30.

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
6.7K
Total Volume
17.7K
Short %
37.62%
30-Day Avg Short %
67.97%

Showing 30 days of FINRA short volume data for TrueShares S&P Autocallable Defensive Income ETF.

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

Frequently asked PAYM short volume questions

What is the daily PAYM short volume?
As of Jul 16, 2026, TrueShares S&P Autocallable Defensive Income ETF (PAYM) short volume is 6.7K shares against 17.7K total reported volume, or 37.62% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is PAYM 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 PAYM 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.