XSW Short Volume

State Street SPDR S&P Software & Services ETF (XSW) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $345.6M, listed on AMEX, carrying a beta of 1.19 to the broader market. The State Street SPDR S&P Software & Services ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Software & Services Select Industry Index (the "Index")Seeks to provide exposure to the software and services segment of the S&P TMI, which comprises the following sub-industries: Application Software, Interactive Home Entertainment, IT Consulting & Other Services, and Systems Software. public since 2011-09-29.

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
31.0K
Total Volume
45.7K
Short %
67.83%
30-Day Avg Short %
53.19%

Showing 30 days of FINRA short volume data for State Street SPDR S&P Software & Services ETF.

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

Frequently asked XSW short volume questions

What is the daily XSW short volume?
As of May 15, 2026, State Street SPDR S&P Software & Services ETF (XSW) short volume is 31.0K shares against 45.7K total reported volume, or 67.83% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is XSW 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 XSW 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.