Short Interest in Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) Rises By 20.5%

Posted by Casey Walker on May 2nd, 2026

Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL – Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 799,170 shares, an increase of 20.5% from the March 31st total of 663,222 shares. Currently, 5.9% of the shares of the company are short sold. Based on an average daily volume of 1,516,769 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Direxion Daily Homebuilders & Supplies Bull 3x Shares

Several hedge funds have recently made changes to their positions in NAIL. Covestor Ltd purchased a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter worth about $159,000. JPMorgan Chase & Co. purchased a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter worth about $558,000. FNY Investment Advisers LLC purchased a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter worth about $1,102,000. Finally, Jump Financial LLC purchased a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter worth about $2,060,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Stock Performance

Shares of NAIL stock opened at $42.23 on Friday. The stock’s 50-day moving average is $46.76 and its two-hundred day moving average is $55.90. The firm has a market cap of $542.66 million, a price-to-earnings ratio of 9.25 and a beta of 4.00. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a 1 year low of $34.69 and a 1 year high of $99.01.

About Direxion Daily Homebuilders & Supplies Bull 3x Shares

(Get Free Report)

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.