SMQ Short Volume

Tradr 1X Short Innovation 100 Monthly ETF (SMQ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $685,219, listed on CBOE, carrying a beta of -1.37 to the broader market. SMQ provides 1x inverse exposure to the monthly performance of QQQ, an ETF composed of 100 NASADAQ-listed stocks. Led by Michael Willis, public since 2025-12-01.

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
181
Total Volume
181
Short %
100.00%
30-Day Avg Short %
88.70%

Showing 30 days of FINRA short volume data for Tradr 1X Short Innovation 100 Monthly ETF.

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

Frequently asked SMQ short volume questions

What is the daily SMQ short volume?
As of Jun 1, 2026, Tradr 1X Short Innovation 100 Monthly ETF (SMQ) short volume is 181 shares against 181 total reported volume, or 100.00% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is SMQ 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 SMQ 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.