Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD) Short Interest Update

Posted by Dante Gardener on Jan 31st, 2026

Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD – Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 78,210 shares, a decrease of 35.2% from the December 31st total of 120,652 shares. Approximately 5.6% of the company’s stock are sold short. Based on an average trading volume of 106,296 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 106,296 shares, the days-to-cover ratio is presently 0.7 days. Approximately 5.6% of the company’s stock are sold short.

Institutional Investors Weigh In On Direxion Daily Magnificent 7 Bear 1X Shares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP acquired a new position in shares of Direxion Daily Magnificent 7 Bear 1X Shares during the 3rd quarter worth about $433,000. Wakefield Asset Management LLLP acquired a new position in Direxion Daily Magnificent 7 Bear 1X Shares during the third quarter valued at approximately $3,130,000. Finally, One Plus One Wealth Management LLC bought a new position in Direxion Daily Magnificent 7 Bear 1X Shares in the third quarter valued at approximately $4,213,000.

Direxion Daily Magnificent 7 Bear 1X Shares Price Performance

Shares of QQQD stock traded up $0.04 on Friday, hitting $12.96. The stock had a trading volume of 178,867 shares, compared to its average volume of 123,448. Direxion Daily Magnificent 7 Bear 1X Shares has a 52-week low of $12.66 and a 52-week high of $23.18. The stock’s 50 day moving average is $13.07 and its 200-day moving average is $13.71.

About Direxion Daily Magnificent 7 Bear 1X Shares

(Get Free Report)

The Direxion Daily Concentrated Qs Bear 1X Shares (QQQD) is an exchange-traded fund that is based on the Indxx Front of the Q index. The fund tracks -1x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies. QQQD was launched on Mar 7, 2024 and is issued by Direxion.