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

Short interest is the volume of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 1,530,000 shares of GUSH short. Learn More on Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares' current short interest.

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. GUSH shares currently have a short interest ratio of 2.0. Learn More on Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares's short interest ratio.

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. Bull 2x Shares: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,530,000 shares, a decline of 3.2% from the previous total of 1,580,000 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.

Here is how the short interest of companies compare to Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares: Range Nuclear Renaissance Index ETF (3.07%), ETRACS Alerian MLP Infrastructure Index ETN Series B (0.03%), Direxion Daily Energy Bull 2x Shares (4.40%), Strive U.S. Energy ETF (0.33%), First Trust Energy AlphaDEX Fund (0.45%), Alerian Energy Infrastructure ETF (0.45%), First Trust Natural Gas ETF (0.80%), SPDR S&P Oil & Gas Equipment & Services ETF (0.97%), First Trust Global Wind Energy ETF (1.43%), First Trust Nasdaq Oil & Gas ETF (0.05%),

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 GUSH is an investing strategy that aims to generate trading profit from Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares as its price is falling. GUSH shares are trading up $1.04 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 S&P Oil & Gas Exp. & Prod. Bull 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 GUSH, 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 GUSH, twice per month. The most recent reporting period available is May, 15 2025.