Short interest in Direxion Daily Pharmaceutical & Medical Bull 3X Shares (ARCA:PILL) decreased during the last reporting period, falling from 62.25K to 57.14K. This put -% of the company's publicly available shares short.

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

Based on the recent average volume of 34.37K shares traded per day, it would take 1.66 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.