TDAQ Short Volume

TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $11.0M, listed on CBOE, carrying a beta of 1.30 to the broader market. The fund's manager seeks to achieve its investment objectives through the use of a call option strategy that combines a long position in QQQ, a unit investment trust designed to track the investment results of the NASDAQ-100 Index, with short positions in certain call options. public since 2025-09-04.

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
85.0K
Total Volume
125.9K
Short %
67.52%
30-Day Avg Short %
51.79%

Showing 30 days of FINRA short volume data for TappAlpha Innovation 100 Growth & Daily Income ETF.

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

Frequently asked TDAQ short volume questions

What is the daily TDAQ short volume?
As of Jun 1, 2026, TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) short volume is 85.0K shares against 125.9K total reported volume, or 67.52% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is TDAQ 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 TDAQ 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.