Direxion Daily Gold Miners Index Bull 2x Shares (NUGT) Short Interest Ratio & Short Volume

Short interest is the volume of Direxion Daily Gold Miners Index Bull 2x Shares shares that have been sold short but have not yet been covered or closed out. As of June 30th, investors have sold 346,500 shares of NUGT short. 4.41% of Direxion Daily Gold Miners Index Bull 2x Shares' shares are currently sold short. Learn More on Direxion Daily Gold Miners Index Bull 2x Shares' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Direxion Daily Gold Miners Index Bull 2x Shares: Jane Street Group LLC, Parallax Volatility Advisers L.P., and Caption Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 4.41% of Direxion Daily Gold Miners Index Bull 2x Shares' floating shares are currently sold short.

Direxion Daily Gold Miners Index Bull 2x Shares saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 346,500 shares, a decline of 43.0% from the previous total of 608,000 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.

4.41% of Direxion Daily Gold Miners Index Bull 2x Shares' shares are currently sold short. Here is how the short interest of companies compare to Direxion Daily Gold Miners Index Bull 2x Shares: SPDR S&P North American Natural Resources ETF (0.03%), iShares U.S. Basic Materials ETF (10.14%), MicroSectors Gold Miners 3x Leveraged ETN (3.73%), Fidelity MSCI Materials Index ETF (0.43%), Sprott Gold Miners ETF (0.52%), Global X Lithium & Battery Tech ETF (3.47%), Direxion Daily Junior Gold Miners Index Bull 2X Shares (7.62%), VanEck Rare Earth and Strategic Metals ETF (1.73%), iShares Global Timber & Forestry ETF (0.48%), iShares Global Materials ETF (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($72.10 billion), Invesco QQQ ($26.89 billion), iShares Russell 2000 ETF ($19.61 billion), MicroStrategy Incorporated ($9.52 billion), iShares 20+ Year Treasury Bond ETF ($8.70 billion), WD-40 Company ($7.66 billion), Technology Select Sector SPDR Fund ($6.10 billion), Invesco S&P 500 Equal Weight ETF ($5.80 billion), Invesco S&P 500 Top 50 ETF ($5.53 billion), and Vanguard Large-Cap ETF ($5.35 billion). View all of the most shorted stocks.

Short selling NUGT is an investing strategy that aims to generate trading profit from Direxion Daily Gold Miners Index Bull 2x Shares as its price is falling. NUGT shares are trading up $1.59 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 Gold Miners Index 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 NUGT, 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 NUGT, twice per month. The most recent reporting period available is June, 30 2025.