PHOS Short Volume
First Phosphate Corp. Sponsored ADR (PHOS) operates in the Basic Materials sector, specifically the Other Precious Metals industry, with a market capitalization near $3.20B, listed on NASDAQ, carrying a beta of 2.64 to the broader market. First Phosphate Corp. Led by John Passalacqua, public since 2026-07-17.
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
- 2026-08-28
- Short Volume
- 16.8K
- Total Volume
- 30.9K
- Short %
- 54.36%
- 30-Day Avg Short %
- 55.65%
Showing 15 days of FINRA short volume data for First Phosphate Corp. Sponsored ADR.
Learn how short volume is reported and how to read the data →
Frequently asked PHOS short volume questions
- What is the daily PHOS short volume?
- As of Aug 28, 2026, First Phosphate Corp. Sponsored ADR (PHOS) short volume is 16.8K shares against 30.9K total reported volume, or 54.36% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is PHOS 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 PHOS 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.