Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) Short Interest Update

Posted by James Quigley on Aug 29th, 2026

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,253,513 shares, an increase of 244.3% from the July 30th total of 364,056 shares. Based on an average daily trading volume, of 34,457,826 shares, the short-interest ratio is presently 0.0 days. Approximately 25.1% of the company’s stock are short sold.

Direxion Daily PLTR Bear 1X Shares Trading Down 0.4%

NASDAQ PLTD opened at $4.89 on Friday. Direxion Daily PLTR Bear 1X Shares has a 52 week low of $4.84 and a 52 week high of $9.73. The company has a 50 day moving average price of $7.10 and a 200 day moving average price of $7.54.

Direxion Daily PLTR Bear 1X Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.0376 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 3.1%.

Institutional Trading of Direxion Daily PLTR Bear 1X Shares

Several hedge funds and other institutional investors have recently made changes to their positions in the business. OLD Mission Capital LLC purchased a new position in Direxion Daily PLTR Bear 1X Shares during the 4th quarter worth $77,000. Headlands Technologies LLC acquired a new position in Direxion Daily PLTR Bear 1X Shares during the 2nd quarter valued at about $78,000. Flow Traders U.S. LLC purchased a new stake in Direxion Daily PLTR Bear 1X Shares in the second quarter valued at about $118,000. Private Advisor Group LLC purchased a new stake in Direxion Daily PLTR Bear 1X Shares in the third quarter valued at about $122,000. Finally, Jump Financial LLC acquired a new stake in Direxion Daily PLTR Bear 1X Shares in the fourth quarter worth about $181,000.

About Direxion Daily PLTR Bear 1X Shares

(Get Free Report)

The Direxion Daily PLTR Bear 1X Shares (PLTD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTD was launched on Dec 11, 2024 and is issued by Direxion.