TNXT Short Interest

T. Rowe Price Innovation Leaders ETF (TNXT) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $18.0M, listed on NASDAQ, employing roughly 100 people, carrying a beta of 1.18 to the broader market. The fund primarily invests in securities of issuers that are leaders in innovation and are distinguished by their development of advanced technologies, products, and business models, or issuers that are poised to benefit from innovations in other sectors. Led by Joyce F. Lee-Iannotti, public since 2026-01-29.

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
2026-06-30
Short Interest
1.1K
Previous Short Interest
64
Change
1548.44%
Days to Cover
1.49
Avg Daily Volume
707
Avg Days to Cover (11 reports)
3.36

Showing 11 bi-monthly FINRA short interest reports for T. Rowe Price Innovation Leaders ETF.

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

Frequently asked TNXT short interest questions

What is the current TNXT short interest?
As of the Jun 30, 2026 settlement, T. Rowe Price Innovation Leaders ETF (TNXT) short interest is 1.1K shares, a +1548.44% 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 TNXT days-to-cover ratio?
Days-to-cover is 1.49, 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 TNXT 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.