Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) Short Interest Ratio & Short Volume

Short interest is the volume of Direxion Daily Magnificent 7 Bear 1X Shares shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 600 shares of QQQD short. Learn More on Direxion Daily Magnificent 7 Bear 1X Shares' current short interest.

Direxion Daily Magnificent 7 Bear 1X Shares saw a drop in short interest in July. As of July 15th, there was short interest totaling 600 shares, a drop of 96.5% from the previous total of 17,000 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 Magnificent 7 Bear 1X Shares: ProShares UltraShort FTSE China 50 (3.09%), iShares Large Cap Growth Active ETF (0.50%), Global X S&P 500 Collar 95-110 ETF (1.17%), ProShares Short FTSE China 50 (1.00%), and Direxion Daily Dow Jones Internet Bear 3x Shares (6.31%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling QQQD is an investing strategy that aims to generate trading profit from Direxion Daily Magnificent 7 Bear 1X Shares as its price is falling. QQQD 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.

A short squeeze for Direxion Daily Magnificent 7 Bear 1X 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 QQQD, 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 QQQD, twice per month. The most recent reporting period available is July, 15 2025.