SPCQ Short Volume
Tidal Trust II - Defiance Daily Target 2X Short SPCX ETF (SPCQ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $124,741, listed on CBOE, carrying a beta of 0.00 to the broader market. SPCQ uses swap agreements and short-dated listed call options to make bearish bets on the share price of Space Exploration Technologies Corp. public since 2026-06-15.
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
- 2026-09-30
- Short Volume
- 290.2K
- Total Volume
- 435.8K
- Short %
- 66.60%
- 30-Day Avg Short %
- 50.12%
Showing 30 days of FINRA short volume data for Tidal Trust II - Defiance Daily Target 2X Short SPCX ETF.
Learn how short volume is reported and how to read the data →
Frequently asked SPCQ short volume questions
- What is the daily SPCQ short volume?
- As of Sep 30, 2026, Tidal Trust II - Defiance Daily Target 2X Short SPCX ETF (SPCQ) short volume is 290.2K shares against 435.8K total reported volume, or 66.60% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is SPCQ 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 SPCQ 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.