Short interest in Direxion Daily S&P 500 Bear 3X (ARCA:SPXS) increased during the last reporting period, rising from 8.26M to 9.04M. This put -% of the company's publicly available shares short.
Short interest for Direxion Daily S&P 500 Bear 3X gives investors a sense of the degree to which investors are betting on the decline of Direxion Daily S&P 500 Bear 3X's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 50.96M 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.
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