Direxion Daily S&P 500 Bull 3x Shares (SPXL) Short Interest Ratio & Short Volume

Short interest is the volume of Direxion Daily S&P 500 Bull 3x Shares shares that have been sold short but have not yet been closed out or covered. As of May 31st, investors have sold 2,220,000 shares of SPXL short. 6.33% of Direxion Daily S&P 500 Bull 3x Shares' shares are currently sold short. Learn More on Direxion Daily S&P 500 Bull 3x Shares' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Direxion Daily S&P 500 Bull 3x Shares: Jane Street Group LLC, Parallax Volatility Advisers L.P., and Larson Financial Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 6.33% of Direxion Daily S&P 500 Bull 3x Shares' floating shares are currently sold short.

Direxion Daily S&P 500 Bull 3x Shares saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 2,220,000 shares, an increase of 48.0% from the previous total of 1,500,000 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.

6.33% of Direxion Daily S&P 500 Bull 3x Shares' shares are currently sold short. Here is how the short interest of companies compare to Direxion Daily S&P 500 Bull 3x Shares: WisdomTree U.S. LargeCap Dividend Fund (0.09%), SPDR EURO STOXX 50 ETF (3.21%), iShares ESG MSCI KLD 400 ETF (0.01%), Vanguard S&P 500 Value ETF (0.03%), Fidelity Enhanced Large Cap Core ETF (0.11%), Schwab 1000 Index ETF (0.03%), VictoryShares Free Cash Flow ETF (0.15%), ProShares Ultra S&P500 (2.85%), ProShares UltraPro S&P 500 (4.21%), Vanguard Russell 1000 ETF (0.17%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), MicroStrategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling SPXL is an investing strategy that aims to generate trading profit from Direxion Daily S&P 500 Bull 3x Shares as its price is falling. SPXL shares are trading up $3.40 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 500 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 SPXL, 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 SPXL, twice per month. The most recent reporting period available is May, 31 2025.