SCNM Short Volume

Sterling Capital National Municipal Bond ETF (SCNM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $247.7M, listed on CBOE, carrying a beta of 0.15 to the broader market. SCNM is an actively managed ETF that aims for current income, exempt from regular federal income taxes, and capital preservation. Led by Hunter Horsley, 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
2026-06-01
Short Volume
172
Total Volume
11.5K
Short %
1.49%
30-Day Avg Short %
45.08%

Showing 30 days of FINRA short volume data for Sterling Capital National Municipal Bond ETF.

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

Frequently asked SCNM short volume questions

What is the daily SCNM short volume?
As of Jun 1, 2026, Sterling Capital National Municipal Bond ETF (SCNM) short volume is 172 shares against 11.5K total reported volume, or 1.49% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is SCNM 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 SCNM 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.