SonicShares Global Shipping ETF (NYSEARCA:BOAT) Sees Large Decline in Short Interest

Posted by Casey Walker on Oct 13th, 2026

SonicShares Global Shipping ETF (NYSEARCA:BOAT – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 12,749 shares, a decrease of 76.6% from the September 15th total of 54,593 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 96,202 shares, the short-interest ratio is presently 0.1 days.

SonicShares Global Shipping ETF Trading Up 1.2%

Shares of NYSEARCA BOAT traded up $0.66 during midday trading on Tuesday, reaching $55.16. The company’s stock had a trading volume of 82,300 shares, compared to its average volume of 45,282. The stock has a 50 day simple moving average of $49.74 and a 200-day simple moving average of $44.25. The stock has a market capitalization of $139.54 million, a price-to-earnings ratio of 4.25 and a beta of 0.67. SonicShares Global Shipping ETF has a fifty-two week low of $29.32 and a fifty-two week high of $55.49.

SonicShares Global Shipping ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, September 28th were issued a dividend of $0.7565 per share. The ex-dividend date was Monday, September 28th. This is a drop from SonicShares Global Shipping ETF’s previous quarterly dividend of $1.0061. This represents a $3.03 annualized dividend and a yield of 5.5%.

SonicShares Global Shipping ETF Company Profile

(Get Free Report)

The SonicShares Global Shipping ETF (BOAT) is an exchange-traded fund that is based on the Solactive Global Shipping index, a modified market-cap-weighted index of globally-listed companies engaged in maritime shipping. BOAT was launched on Aug 3, 2021 and is managed by SonicShares.