Short interest in Direxion Daily S&P Biotech Bear 3X Shares (ARCA:LABD) decreased during the last reporting period, falling from 2.58M to 2.46M. This put -% of the company's publicly available shares short.

Short interest for Direxion Daily S&P Biotech Bear 3X Shares gives investors a sense of the degree to which investors are betting on the decline of Direxion Daily S&P Biotech Bear 3X Shares's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 22.44M shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.