XLB Short Volume

State Street Materials Select Sector SPDR ETF (XLB) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $7.45B, listed on AMEX, carrying a beta of 0.95 to the broader market. The State Street Materials Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Materials Select Sector Index (the "Index"). public since 1998-12-22.

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
2026-05-15
Short Volume
1.8M
Total Volume
2.8M
Short %
63.66%
30-Day Avg Short %
65.05%

Showing 30 days of FINRA short volume data for State Street Materials Select Sector SPDR ETF.

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

Frequently asked XLB short volume questions

What is the daily XLB short volume?
As of May 15, 2026, State Street Materials Select Sector SPDR ETF (XLB) short volume is 1.8M shares against 2.8M total reported volume, or 63.66% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is XLB 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 XLB 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.