Short interest in Direxion Daily Magnificent 7 Bear 1X Shares (ARCA:QQQD) decreased during the last reporting period, falling from 7.37K to 6.30K. This put -% of the company's publicly available shares short.

Short interest for Direxion Daily Magnificent 7 Bear 1X Shares gives investors a sense of the degree to which investors are betting on the decline of Direxion Daily Magnificent 7 Bear 1X Shares's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 2.18K shares traded per day, it would take 2.89 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.