WUGI Short Interest

AXS Esoterica NextG Economy ETF (WUGI) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $31.4M, listed on CBOE, carrying a beta of 1.40 to the broader market. The fund is an actively-managed ETF that will invest, under normal circumstances, at least 80% of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology ("5G") enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. public since 2020-03-31.

Short interest is the total number of shares currently sold short and not yet covered, reported bi-monthly by FINRA. Days to cover (short interest divided by average daily volume) indicates how long it would take short sellers to close positions, with higher values signaling greater squeeze potential.

Settlement Date
2026-05-15
Short Interest
626
Previous Short Interest
2.7K
Change
-76.94%
Days to Cover
1.00
Avg Daily Volume
1.5K
Avg Days to Cover (24 reports)
1.01

Showing 24 bi-monthly FINRA short interest reports for AXS Esoterica NextG Economy ETF.

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

Frequently asked WUGI short interest questions

What is the current WUGI short interest?
As of the May 15, 2026 settlement, AXS Esoterica NextG Economy ETF (WUGI) short interest is 626 shares, a -76.94% change from the prior period. FINRA publishes short interest twice monthly on the 15th and last business day of each month under Rule 4560.
What is the WUGI days-to-cover ratio?
Days-to-cover is 1.00, calculated as short interest divided by average daily volume. It estimates how many trading days closing all short positions would consume given typical liquidity. Values above 5 days are commonly cited as elevated; values above 10 days are squeeze-relevant.
How does WUGI short interest affect options pricing?
High short interest changes options pricing through three mechanics: borrow-rebate effects (synthetic long stock trades below frictionless put-call parity by approximately the borrow rebate when shares are hard-to-borrow), gamma-squeeze setup risk (if dealers are short gamma against retail call buying, dealer hedge flow can amplify upward moves), and elevated event-vol pricing on names with squeeze potential. See the canonical short-interest documentation for the full mechanism.