REFA Short Volume
Columbia Research Enhanced International Equity ETF (REFA) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $5.6M, listed on AMEX, carrying a beta of 0.42 to the broader market. The Columbia Research Enhanced International Equity ETF (REFA) dedicates a minimum of 80% of its total assets, including any capital acquired through borrowing, to investments in equity securities. Led by Christopher Lo, public since 2025-12-11.
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
- 2026-10-12
- Short Volume
- 419
- Total Volume
- 478
- Short %
- 87.66%
- 30-Day Avg Short %
- 56.86%
Showing 30 days of FINRA short volume data for Columbia Research Enhanced International Equity ETF.
Learn how short volume is reported and how to read the data →
Frequently asked REFA short volume questions
- What is the daily REFA short volume?
- As of Oct 12, 2026, Columbia Research Enhanced International Equity ETF (REFA) short volume is 419 shares against 478 total reported volume, or 87.66% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is REFA 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 REFA 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.