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Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares (DRIP) Short Interest Ratio & Short Volume

$10.41 -0.51 (-4.67%)
Closing price 04:10 PM Eastern
Extended Trading
$10.42 +0.00 (+0.05%)
As of 07:52 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares Short Interest Data

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares (DRIP) has a short interest of 339,800 shares. This marks a -36.21% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.2, indicating that it would take 0.2 days of the average trading volume of 2.71 million shares to cover all short positions.

Current Short Interest
339,800 shares
Previous Short Interest
532,700 shares
Change Vs. Previous Month
-36.21%
Dollar Volume Sold Short
$3.40 million
Short Interest Ratio
0.2 Days to Cover
Last Record Date
May 15, 2025
Outstanding Shares
3,760,000 shares
Percentage of Shares Shorted
9.04%
Today's Trading Volume
1,320,391 shares
Average Trading Volume
2,713,589 shares
Today's Volume Vs. Average
49%
Short Selling Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares?
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DRIP Short Interest Over Time

DRIP Days to Cover Over Time

DRIP Percentage of Float Shorted Over Time

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/2025339,800 shares $3.40 million -36.2%N/A0.2 $10.02
4/30/2025532,700 shares $6.97 million +6.7%N/A0.2 $13.08
4/15/2025499,200 shares $7.02 million +5.7%N/A0.2 $14.06
3/14/2025470,700 shares $5.48 million +23.6%N/A0.1 $11.65
2/28/2025380,900 shares $4.21 million -1.8%N/A0.1 $11.04
2/14/2025387,900 shares $3.94 million +1.6%N/A0.1 $10.16
1/31/2025381,700 shares $4.06 million -18.2%N/A0.1 $10.63
1/15/2025466,700 shares $4.20 million +22.7%N/A0.1 $9.01

DRIP Short Interest - Frequently Asked Questions

What is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' current short interest?

Short interest is the volume of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 339,800 shares of DRIP short. Learn More on Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' current short interest.

Which institutional investors are shorting Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' short interest increasing or decreasing?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares saw a decline in short interest in May. As of May 15th, there was short interest totaling 339,800 shares, a decline of 36.2% from the previous total of 532,700 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.

How does Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x 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: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

What does it mean to sell short Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares stock?

Short selling DRIP is an investing strategy that aims to generate trading profit from Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares as its price is falling. DRIP shares are trading down $0.51 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 Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares?

A short squeeze for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 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 DRIP, which in turn drives the price of the stock up even further.

How often is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x 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 DRIP, twice per month. The most recent reporting period available is May, 15 2025.




This page (NYSEARCA:DRIP) was last updated on 6/6/2025 by MarketBeat.com Staff
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