Short interest in Direxion Daily Magnificent 7 Bear 1X Shares (ARCA:QQQD) increased during the last reporting period, rising from 18.25K to 137.25K. 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 66.44K shares traded per day, it would take 2.07 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.