Short Interest in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) Declines By 23.9%

Posted by Casey Walker on Apr 15th, 2026

Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,585,805 shares, a decrease of 23.9% from the March 15th total of 2,082,842 shares. Approximately 4.8% of the shares of the company are short sold. Based on an average daily trading volume, of 121,126,919 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Direxion Daily S&P 500 Bear 1x Shares

A number of large investors have recently bought and sold shares of the company. Bison Wealth LLC bought a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares in the fourth quarter valued at $4,236,000. XTX Topco Ltd purchased a new stake in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter worth about $181,000. IHT Wealth Management LLC bought a new stake in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter valued at about $159,000. HRT Financial LP purchased a new stake in Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at about $2,886,000. Finally, Two Sigma Securities LLC boosted its position in Direxion Daily S&P 500 Bear 1x Shares by 228.6% during the second quarter. Two Sigma Securities LLC now owns 118,310 shares of the company’s stock worth $1,219,000 after purchasing an additional 82,308 shares during the period.

Direxion Daily S&P 500 Bear 1x Shares Trading Down 1.1%

SPDN opened at $9.33 on Wednesday. Direxion Daily S&P 500 Bear 1x Shares has a twelve month low of $9.26 and a twelve month high of $12.57. The company’s 50-day moving average price is $9.64 and its two-hundred day moving average price is $9.54.

About Direxion Daily S&P 500 Bear 1x Shares

(Get Free Report)

The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.