Free Trial

Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Short Interest Ratio & Short Volume

$86.89
-1.03 (-1.17%)
(As of 05/29/2024 ET)

Direxion NASDAQ-100 Equal Weighted Index Shares Short Interest Data

Current Short Interest
1,320,000 shares
Previous Short Interest
1,510,000 shares
Change Vs. Previous Month
-12.58%
Dollar Volume Sold Short
$116.79 million
Short Interest Ratio
7.2 Days to Cover
Last Record Date
May 15, 2024
Outstanding Shares
13,950,000 shares
Percentage of Shares Shorted
9.46%
Today's Trading Volume
364,482 shares
Average Trading Volume
190,249 shares
Today's Volume Vs. Average
192%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
Short Selling Direxion NASDAQ-100 Equal Weighted Index Shares ?

Sign up to receive the latest short interest report for Direxion NASDAQ-100 Equal Weighted Index Shares and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

QQQE Short Interest Over Time

QQQE Days to Cover Over Time

QQQE Percentage of Float Shorted Over Time

Direxion NASDAQ-100 Equal Weighted Index Shares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/20241,320,000 shares $116.79 million -12.6%N/A7.2 $88.48
4/30/20241,510,000 shares $127.38 million +22.8%N/A7.9 $84.36
4/15/20241,230,000 shares $104.41 million +18.3%N/A6.3 $84.89
3/31/2024200 shares $17,840.00 -100.0%N/A0.1 $89.20
3/15/20241,030,000 shares $89.72 million +1.0%N/A5.4 $87.11
2/29/20241,020,000 shares $90.06 million +12.0%N/A4.7 $88.29
2/15/2024910,400 shares $79.86 million +49.2%N/A4.3 $87.72
1/31/2024610,100 shares $51.96 million -0.8%N/A2.7 $85.16
1/15/2024614,900 shares $51.67 million -5.5%N/A2.5 $84.03
12/31/2023650,400 shares $55.05 million +3.8%N/A2.6 $84.64
12/15/2023626,500 shares $52.34 million +4.5%N/A2.5 $83.55
11/30/2023599,400 shares $47.32 million -32.5%N/A2.7 $78.94
11/15/2023888,400 shares $68.94 million -43.8%N/A4.2 $77.60
10/31/20231,580,000 shares $112.61 million +31.7%N/A7.4 $71.27
10/15/20231,200,000 shares $89.96 million -12.4%N/A6.8 $74.97
9/30/20231,370,000 shares $102.43 million +3.0%N/A3.9 $74.77
9/15/20231,330,000 shares $102.14 million +11.8%N/A3 $76.80
8/31/20231,190,000 shares $93.07 million -37.7%N/A2.6 $78.21
8/15/20231,910,000 shares $146.67 million +17.2%N/A4.1 $76.79
7/31/20231,630,000 shares $131.64 million +155.5%N/A3.7 $80.76
7/15/2023638,000 shares $50.38 million -16.9%N/A1.5 $78.96
6/30/2023767,600 shares $59.09 million -14.0%N/A3 $76.98
6/15/2023892,600 shares $69.10 million +26.7%N/A6.5 $77.41
5/31/2023704,500 shares $51.53 million +11.6%N/A6 $73.14
5/15/2023631,100 shares $44.98 million -6.7%N/A6 $71.27

QQQE Short Interest - Frequently Asked Questions

What is Direxion NASDAQ-100 Equal Weighted Index Shares' current short interest?

Short interest is the volume of Direxion NASDAQ-100 Equal Weighted Index Shares shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 1,320,000 shares of QQQE short. Learn More on Direxion NASDAQ-100 Equal Weighted Index Shares' current short interest.

What is a good short interest ratio for Direxion NASDAQ-100 Equal Weighted Index Shares?

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. QQQE shares currently have a short interest ratio of 7.0. Learn More on Direxion NASDAQ-100 Equal Weighted Index Shares's short interest ratio.

Which institutional investors are shorting Direxion NASDAQ-100 Equal Weighted Index Shares?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Direxion NASDAQ-100 Equal Weighted Index Shares: HBK Investments L P. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Direxion NASDAQ-100 Equal Weighted Index Shares' short interest increasing or decreasing?

Direxion NASDAQ-100 Equal Weighted Index Shares saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,320,000 shares, a drop of 12.6% from the previous total of 1,510,000 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.

How does Direxion NASDAQ-100 Equal Weighted Index Shares' short interest compare to its competitors?
Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Direxion NASDAQ-100 Equal Weighted Index Shares stock?

Short selling QQQE is an investing strategy that aims to generate trading profit from Direxion NASDAQ-100 Equal Weighted Index Shares as its price is falling. QQQE shares are trading down $1.03 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.

How does a short squeeze work against Direxion NASDAQ-100 Equal Weighted Index Shares?

A short squeeze for Direxion NASDAQ-100 Equal Weighted Index Shares occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of QQQE, which in turn drives the price of the stock up even further.

How often is Direxion NASDAQ-100 Equal Weighted Index Shares' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including QQQE, twice per month. The most recent reporting period available is May, 15 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:QQQE) was last updated on 5/30/2024 by MarketBeat.com Staff

From Our Partners