SPYU Short Volume
MAX S&P 500 4X Leveraged ETN (SPYU) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $539.6M, listed on AMEX, carrying a beta of 4.19 to the broader market. These notes are designed for sophisticated investors who engage in short-term market activities, providing tools to manage intraday trading risks as part of a well-diversified investment strategy. public since 2023-12-05.
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
- 2026-07-16
- Short Volume
- 136.9K
- Total Volume
- 245.3K
- Short %
- 55.81%
- 30-Day Avg Short %
- 53.21%
Showing 30 days of FINRA short volume data for MAX S&P 500 4X Leveraged ETN.
Learn how short volume is reported and how to read the data →
Frequently asked SPYU short volume questions
- What is the daily SPYU short volume?
- As of Jul 16, 2026, MAX S&P 500 4X Leveraged ETN (SPYU) short volume is 136.9K shares against 245.3K total reported volume, or 55.81% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is SPYU 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 SPYU 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.