Free Trial

Direxion Daily Consumer Discretionary Bull 3x Shares (WANT) Short Interest Ratio & Short Volume

$39.17 +1.75 (+4.69%)
As of 02:19 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Direxion Daily Consumer Discretionary Bull 3x Shares Short Interest Data

Direxion Daily Consumer Discretionary Bull 3x Shares (WANT) has a short interest of 53,600 shares. This marks a 60.48% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.7, indicating that it would take 1.7 days of the average trading volume of 32,215 shares to cover all short positions.

Current Short Interest
53,600 shares
Previous Short Interest
33,400 shares
Change Vs. Previous Month
+60.48%
Dollar Volume Sold Short
$2.22 million
Short Interest Ratio
1.7 Days to Cover
Last Record Date
May 15, 2025
Outstanding Shares
550,001 shares
Percentage of Shares Shorted
9.75%
Today's Trading Volume
20,745 shares
Average Trading Volume
32,215 shares
Today's Volume Vs. Average
64%
Short Selling Direxion Daily Consumer Discretionary Bull 3x Shares?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Direxion Daily Consumer Discretionary Bull 3x Shares and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

WANT Short Interest Over Time

WANT Days to Cover Over Time

WANT Percentage of Float Shorted Over Time

Direxion Daily Consumer Discretionary Bull 3x Shares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/202553,600 shares $2.22 million +60.5%N/A1.7 $41.46
4/30/202533,400 shares $1.06 million +100.0%N/A1.2 $31.83
4/15/202516,700 shares $477.45 thousand +12.1%N/A0.7 $28.59
3/14/202512,500 shares $434.63 thousand -45.9%N/A0.4 $34.77
2/14/202522,100 shares $1.21 million -48.8%N/A0.6 $54.82
1/31/202543,200 shares $2.54 million +104.7%N/A1.1 $58.91

WANT Short Interest - Frequently Asked Questions

What is Direxion Daily Consumer Discretionary Bull 3x Shares' current short interest?

Short interest is the volume of Direxion Daily Consumer Discretionary Bull 3x Shares shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 53,600 shares of WANT short. Learn More on Direxion Daily Consumer Discretionary Bull 3x Shares' current short interest.

What is a good short interest ratio for Direxion Daily Consumer Discretionary Bull 3x Shares?

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. WANT shares currently have a short interest ratio of 2.0. Learn More on Direxion Daily Consumer Discretionary Bull 3x Shares's short interest ratio.

Is Direxion Daily Consumer Discretionary Bull 3x Shares' short interest increasing or decreasing?

Direxion Daily Consumer Discretionary Bull 3x Shares saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 53,600 shares, an increase of 60.5% from the previous total of 33,400 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.

How does Direxion Daily Consumer Discretionary Bull 3x Shares' short interest compare to its competitors?
Which stocks are the most shorted right now?

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.

What does it mean to sell short Direxion Daily Consumer Discretionary Bull 3x Shares stock?

Short selling WANT is an investing strategy that aims to generate trading profit from Direxion Daily Consumer Discretionary Bull 3x Shares as its price is falling. WANT shares are trading up $1.75 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.

How does a short squeeze work against Direxion Daily Consumer Discretionary Bull 3x Shares?

A short squeeze for Direxion Daily Consumer Discretionary Bull 3x 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 WANT, which in turn drives the price of the stock up even further.

How often is Direxion Daily Consumer Discretionary Bull 3x Shares' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including WANT, twice per month. The most recent reporting period available is May, 15 2025.




This page (NYSEARCA:WANT) was last updated on 6/6/2025 by MarketBeat.com Staff
From Our Partners