Direxion Daily S&P 500 Bear 1X ETF (NYSEARCA:SPDN) Short Interest Update

Posted by James Quigley on Sep 11th, 2026

Direxion Daily S&P 500 Bear 1X ETF (NYSEARCA:SPDN – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 966,785 shares, a growth of 509.3% from the August 15th total of 158,662 shares. Currently, 3.7% of the company’s stock are sold short. Based on an average trading volume of 28,702,348 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 1X ETF during the 4th quarter valued at approximately $49,000. Strait & Sound Wealth Management LLC acquired a new stake in Direxion Daily S&P 500 Bear 1X ETF during the first quarter worth about $100,000. Waverly Advisors LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 1X ETF during the 1st quarter worth approximately $136,000. IHT Wealth Management LLC bought a new stake in shares of Direxion Daily S&P 500 Bear 1X ETF in the 2nd quarter worth approximately $159,000. Finally, Moors & Cabot Inc. lifted its holdings in shares of Direxion Daily S&P 500 Bear 1X ETF by 27.0% in the 3rd quarter. Moors & Cabot Inc. now owns 17,132 shares of the company’s stock worth $165,000 after purchasing an additional 3,647 shares during the last quarter.

Direxion Daily S&P 500 Bear 1X ETF Stock Up 0.5%

Shares of NYSEARCA SPDN opened at $8.64 on Friday. Direxion Daily S&P 500 Bear 1X ETF has a 1-year low of $8.36 and a 1-year high of $10.28. The business has a 50-day moving average of $8.59 and a 200-day moving average of $8.98.

Direxion Daily S&P 500 Bear 1X ETF Company Profile

(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.