Short interest in Direxion Daily Magnificent 7 Bull 2X Shares (ARCA:QQQU) increased during the last reporting period, rising from 1.06K to 3.28K. This put -% of the company's publicly available shares short.

Short interest for Direxion Daily Magnificent 7 Bull 2X Shares gives investors a sense of the degree to which investors are betting on the decline of Direxion Daily Magnificent 7 Bull 2X Shares's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 25.08K 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.