Direxion Daily NFLX Bull 2X Shares (NFXL) Short Interest Ratio & Short Volume

Short interest is the volume of Direxion Daily NFLX Bull 2X Shares shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 370,900 shares of NFXL short. Learn More on Direxion Daily NFLX Bull 2X Shares' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. NFXL shares currently have a short interest ratio of 2.0. Learn More on Direxion Daily NFLX Bull 2X Shares's short interest ratio.

Direxion Daily NFLX Bull 2X Shares saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 370,900 shares, an increase of 171.3% from the previous total of 136,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Direxion Daily NFLX Bull 2X Shares: GraniteShares 2x Short TSLA Daily ETF (5.97%), Leverage Shares 2x Long HOOD Daily ETF (3.58%), Defiance Daily Target 2X Short PLTR ETF (8.11%), GraniteShares 2x Long RDDT Daily ETF (13.39%), Direxion Daily TSLA Bear 1X Shares (8.21%), Direxion Daily BRKB Bull 2X Shares (21.90%), Defiance Leveraged Long + Income MSTR ETF (17.85%), Defiance Daily Target 2X Long SOFI ETF (12.11%), GraniteShares 2x Long AMZN Daily ETF (2.69%), Defiance Daily Target 2X Long NVO ETF (13.09%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($8.81 billion), Canadian Natural Resources Limited ($5.82 billion), Reddit Inc. ($5.19 billion), Coinbase Global, Inc. ($4.52 billion), Robinhood Markets, Inc. ($4.30 billion), Charter Communications, Inc. ($3.75 billion), CoreWeave Inc. ($3.66 billion), Seagate Technology Holdings PLC ($3.57 billion), Live Nation Entertainment, Inc. ($3.33 billion), and Rocket Lab Corporation ($3.26 billion). View all of the most shorted stocks.

Short selling NFXL is an investing strategy that aims to generate trading profit from Direxion Daily NFLX Bull 2X Shares as its price is falling. NFXL shares are trading down $1.66 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Direxion Daily NFLX Bull 2X Shares occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NFXL, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NFXL, twice per month. The most recent reporting period available is September, 15 2025.