Short interest in Direxion Daily Magnificent 7 Bear 1X Shares (ARCA:QQQD) increased during the last reporting period, rising from 10.77K to 13.56K. 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 816.00 shares traded per day, it would take 16.62 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.