Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Shares Down 3.1% – Here’s Why

Posted by Lauren Steadman on Sep 4th, 2026

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Get Free Report)’s stock price dropped 3.1% during mid-day trading on Thursday . The stock traded as low as $24.04 and last traded at $24.13. Approximately 14,287,922 shares changed hands during trading, an increase of 8% from the average session volume of 13,240,150 shares. The stock had previously closed at $24.89.

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

The business has a fifty day moving average price of $25.66 and a 200 day moving average price of $30.07.

Institutional Trading of Direxion Daily S&P 500 Bear 3X Shares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPXS. PayPay Securities Corp lifted its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 242.3% during the 2nd quarter. PayPay Securities Corp now owns 4,836 shares of the company’s stock worth $128,000 after buying an additional 3,423 shares during the last quarter. Hamilton Wealth LLC purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at $6,369,000. Guardian Partners Inc. purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at $203,000. Royal Bank of Canada acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at $81,000. Finally, Group One Trading LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at $2,172,000.

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.