Short Interest in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Decreases By 35.6%

Posted by James Quigley on Aug 1st, 2026

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Get Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 1,881,444 shares, a decrease of 35.6% from the June 30th total of 2,921,001 shares. Approximately 15.6% of the company’s stock are short sold. Based on an average daily volume of 9,433,349 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Direxion Daily S&P 500 Bear 3X Shares

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada purchased a new position in Direxion Daily S&P 500 Bear 3X Shares during the 1st quarter valued at about $81,000. PayPay Securities Corp lifted its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 145.2% in the fourth quarter. PayPay Securities Corp now owns 3,008 shares of the company’s stock worth $107,000 after purchasing an additional 1,781 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter worth approximately $119,000. Guardian Partners Inc. acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the first quarter worth approximately $203,000. Finally, BTG Pactual Asset Management US LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the third quarter worth approximately $220,000.

Direxion Daily S&P 500 Bear 3X Shares Stock Performance

Shares of Direxion Daily S&P 500 Bear 3X Shares stock traded down $0.56 during midday trading on Friday, hitting $26.57. The company’s stock had a trading volume of 17,782,548 shares, compared to its average volume of 13,616,906. The stock has a 50-day simple moving average of $26.87 and a 200-day simple moving average of $31.78. Direxion Daily S&P 500 Bear 3X Shares has a 1-year low of $25.53 and a 1-year high of $47.20.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

(Get Free Report)

Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.