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

$8.72 -0.19 (-2.13%)
Closing price 04:10 PM Eastern
Extended Trading
$8.74 +0.02 (+0.29%)
As of 08:00 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 263,600 shares, representing 5.66% of the float (the number of shares available for trading by the public). This marks a -28.19% 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 2.44 million shares to cover all short positions.

Current Short Interest
263,600 shares
Previous Short Interest
367,100 shares
Change Vs. Previous Month
-28.19%
Dollar Volume Sold Short
$2.58 million
Short Interest Ratio
0.2 Days to Cover
Last Record Date
June 30, 2025
Outstanding Shares
4,960,000 shares
Short Percent of Float
5.66%
Today's Trading Volume
3,349,430 shares
Average Trading Volume
2,441,207 shares
Today's Volume Vs. Average
137%
Short Selling Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares?
A Guide To High-Short-Interest Stocks

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Skip Charts & View Short Interest History

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
6/30/2025263,600 shares $2.58 million -28.2%5.7%0.2 $9.77
6/15/2025367,100 shares $3.29 million +49.8%7.2%0.2 $8.96
5/31/2025245,100 shares $2.71 million -27.9%6.5%0.2 $11.05
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 closed out or covered. As of June 30th, traders have sold 263,600 shares of DRIP short. 5.66% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' shares are currently sold short. Learn More on Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' current short interest.

What is a good short interest percentage for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares?

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. 5.66% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' floating shares are currently sold short.

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 during the month of June. As of June 30th, there was short interest totaling 263,600 shares, a decline of 28.2% from the previous total of 367,100 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?

5.66% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares' shares are currently sold short. Here is how the short interest of companies compare to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares: Global X Hydrogen ETF (1.41%), MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (1.10%), Invesco S&P SmallCap Energy ETF (2.08%), VanEck Oil Refiners ETF (3.08%), Amplify Natural Resources Dividend Income ETF (0.26%), Westwood Salient Enhanced Energy Income ETF (0.36%), Direxion Daily Energy Bear 2X Shares (8.51%), VanEck Energy Income ETF (0.13%), MicroSectors Energy 3X Leveraged ETN (15.63%), Invesco Energy Exploration & Production ETF (0.10%),

Which stocks are the most shorted right now?

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), Strategy Inc ($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.

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 $0.19 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 increases 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 June, 30 2025.




This page (NYSEARCA:DRIP) was last updated on 8/28/2025 by MarketBeat.com Staff
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