Direxion Daily Real Estate Bull 3X Shares (DRN) Short Interest Ratio & Short Volume

Short interest is the volume of Direxion Daily Real Estate Bull 3X Shares shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 459,900 shares of DRN short. Learn More on Direxion Daily Real Estate Bull 3X Shares' current short interest.

Direxion Daily Real Estate Bull 3X Shares saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 459,900 shares, an increase of 11.0% from the previous total of 414,300 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 Real Estate Bull 3X Shares: ProShares Ultra Real Estate (0.06%), Direxion Daily Real Estate Bear 3X Shares (6.14%), SRH REIT Covered Call ETF (0.01%), ALPS Active REIT ETF (0.28%), NETLease Corporate Real Estate ETF (0.27%), AXS Real Estate Income ETF (0.05%), Hoya Capital High Dividend Yield ETF (1.27%), ProShares UltraShort Real Estate (10.05%), iShares International Developed Real Estate ETF (0.02%), ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (0.61%),

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.

Short selling DRN is an investing strategy that aims to generate trading profit from Direxion Daily Real Estate Bull 3X Shares as its price is falling. DRN shares are trading down $0.05 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 Real Estate Bull 3X 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 DRN, 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 DRN, twice per month. The most recent reporting period available is May, 15 2025.