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

Direxion Daily Gold Miners Index Bull 2x Shares logo
$160.81 +5.68 (+3.66%)
As of 03:28 PM Eastern

Direxion Daily Gold Miners Index Bull 2x Shares Short Interest Overview

As of July 31, 2026, Direxion Daily Gold Miners Index Bull 2x Shares (NUGT) had a short interest of 256,593 shares sold short, representing 3.35% of the public float. This marks a -30.07% decrease in short interest since the prior report. The short interest ratio (days to cover) is 0.4, meaning it would take 0.4 days of the average trading volume of 699,961 shares to cover all short positions.

Current Short Interest
256,593 shares
Previous Short Interest
366,905 shares
Change Vs. Previous Month
-30.07%
Dollar Volume Sold Short
$28.44 million
Short Interest Ratio
0.4 Days to Cover
Last Record Date
July 31, 2026
Outstanding Shares
7,650,000 shares
Short Percent of Float
3.35%
Today's Trading Volume
490,238 shares
Average Trading Volume
699,961 shares
Today's Volume Vs. Average
70%
Short Selling Direxion Daily Gold Miners Index Bull 2x Shares?
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NUGT Short Interest Over Time

NUGT Days to Cover Over Time

NUGT Percentage of Float Shorted Over Time

Direxion Daily Gold Miners Index Bull 2x Shares Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
7/31/2026256,593 shares $28.44 million -30.1%3.4%0.41 $110.82
7/15/2026366,905 shares $41.01 million -23.9%4.9%0.58 $111.77
6/30/2026482,200 shares $56.42 million -32.2%6.6%0.63 $117.01
6/15/2026711,670 shares $107.60 million +28.0%12.2%0.92 $151.20
5/29/2026555,926 shares $94.87 million +33.6%9.5%1.15 $170.65
5/15/2026415,977 shares $68.32 million -6.5%7.1%0.78 $164.25
4/30/2026444,840 shares $76.00 million +16.9%7.6%0.89 $170.85
4/15/2026380,568 shares $80.86 million +18.5%6.5%0.68 $212.47
3/31/2026321,146 shares $60.46 million -1.8%4.3%0.36 $188.25
3/13/2026327,116 shares $65.47 million -17.6%5.9%0.38 $200.13
2/27/2026397,061 shares $124.49 million +29.1%6.8%0.68 $313.53
2/13/2026307,492 shares $77.96 million -25.8%5.3%0.36 $253.54
1/30/2026414,369 shares $88.64 million +3.6%7.5%0.37 $213.91
1/15/2026400,039 shares $93.91 million +33.7%7.3%0.63 $234.76
12/31/2025299,244 shares $55.02 million +4.7%5.1%0.48 $183.85
12/15/2025285,845 shares $51.34 million -34.3%3.5%0.36 $179.61
11/28/2025434,806 shares $75.56 million +9.7%5.3%0.55 $173.79
11/14/2025396,201 shares $58.27 million +61.0%4.9%0.35 $147.06
10/31/2025246,035 shares $32.69 million -59.2%3.0%0.12 $132.86
10/15/2025602,800 shares $104.94 million -0.8%7.9%0.5 $174.09
9/30/2025607,800 shares $93.87 million +37.0%N/A0.6 $154.44
9/15/2025443,800 shares $58.82 million +12.0%N/A0.4 $132.53
8/31/2025396,100 shares $42.37 million +13.0%5.1%0.4 $106.96
8/15/2025350,500 shares $32.10 million -8.2%N/A0.4 $91.57
7/31/2025381,900 shares $27.61 million +50.1%5.0%0.4 $72.30
7/15/2025254,400 shares $18.53 million -26.6%N/A0.2 $72.84
6/30/2025346,500 shares $25.76 million -43.0%4.4%0.3 $74.34
6/15/2025608,000 shares $49.92 million -18.6%7.8%0.4 $82.10
5/31/2025746,600 shares $52.63 million +3.3%9.8%0.5 $70.49
5/15/2025723,000 shares $43.86 million -0.1%N/A0.5 $60.67
4/30/2025724,000 shares $49.43 million +7.0%N/A0.5 $68.27
4/15/2025676,400 shares $49.55 million +6.0%N/A0.4 $73.26
3/14/2025453,900 shares $25.51 million -6.3%N/A0.3 $56.20
2/14/2025728,500 shares $36.78 million +68.5%N/A0.4 $50.49
1/31/2025432,300 shares $19.78 million -34.4%N/A0.2 $45.76
1/15/2025659,000 shares $26.89 million -7.5%N/A0.4 $40.80

NUGT Short Interest - Frequently Asked Questions

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 July 31st, traders have sold 256,593 shares of NUGT short. 3.35% 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.

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. NUGT shares currently have a short interest ratio of 0.4. Learn More on Direxion Daily Gold Miners Index Bull 2x Shares's short interest ratio.

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. 3.35% 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 drop in short interest in the month of July. As of July 31st, there was short interest totaling 256,593 shares, a drop of 30.1% from the previous total of 366,905 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.

3.35% 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: MicroSectors Gold Miners 3x Leveraged ETN (27.16%), iShares U.S. Basic Materials ETF (0.61%), Global X Lithium & Battery Tech ETF (3.22%), SPDR S&P North American Natural Resources ETF (0.41%), Sprott Silver Miners & Physical Silver ETF (0.46%), Sprott Gold Miners ETF (0.09%), Fidelity MSCI Materials Index ETF (0.19%), Direxion Daily Junior Gold Miners Index Bull 2X Shares (3.24%), iShares Copper and Metals Mining ETF (0.31%), CoreCommodity Natural Resources ETF (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($70.50 billion), Invesco QQQ ($50.36 billion), iShares Russell 2000 ETF ($21.20 billion), Western Digital Corporation ($13.40 billion), SPDR S&P Biotech ETF ($11.59 billion), Nebius Group N.V. ($11.46 billion), iShares 20+ Year Treasury Bond ETF ($7.84 billion), iShares iBoxx $ High Yield Corporate Bond ETF ($7.51 billion), iShares Semiconductor ETF ($6.37 billion), and Financial Select Sector SPDR Fund ($6.34 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 $5.68 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 July, 31 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like NUGT:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



Short interest data for NYSEARCA:NUGT is sourced from the Financial Industry Regulatory Authority (FINRA), with the most recent report published on 8/11/2026. FINRA publishes updated short interest twice a month.
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