SMN Short Volume

ProShares - UltraShort Materials (SMN) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $651,997, listed on AMEX, carrying a beta of -1.36 to the broader market. ProShares UltraShort Materials (SMN) aims to deliver daily investment outcomes that mirror two times the inverse (-2x) of the S&P Materials Select SectorSM Index's daily performance. public since 2007-02-02.

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
2026-08-14
Short Volume
253
Total Volume
459
Short %
55.12%
30-Day Avg Short %
14.48%

Showing 30 days of FINRA short volume data for ProShares - UltraShort Materials.

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

Frequently asked SMN short volume questions

What is the daily SMN short volume?
As of Aug 14, 2026, ProShares - UltraShort Materials (SMN) short volume is 253 shares against 459 total reported volume, or 55.12% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is SMN 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 SMN 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.