Short Interest in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) Decreases By 57.6%

Posted by Alanna Baker on Feb 27th, 2026

Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS – Get Free Report) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 312,596 shares, a drop of 57.6% from the January 29th total of 737,043 shares. Approximately 22.0% of the company’s shares are short sold. Based on an average daily volume of 16,188,691 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 16,188,691 shares, the days-to-cover ratio is presently 0.0 days. Approximately 22.0% of the company’s shares are short sold.

Institutional Trading of Direxion Daily GOOGL Bear 1X Shares

Several hedge funds have recently bought and sold shares of GGLS. Flow Traders U.S. LLC boosted its holdings in shares of Direxion Daily GOOGL Bear 1X Shares by 48.0% in the second quarter. Flow Traders U.S. LLC now owns 17,354 shares of the company’s stock valued at $215,000 after buying an additional 5,627 shares during the period. PayPay Securities Corp boosted its stake in Direxion Daily GOOGL Bear 1X Shares by 289.5% in the 4th quarter. PayPay Securities Corp now owns 11,822 shares of the company’s stock worth $80,000 after purchasing an additional 8,787 shares during the period. Jane Street Group LLC bought a new position in Direxion Daily GOOGL Bear 1X Shares during the 2nd quarter worth about $147,000. XTX Topco Ltd bought a new position in Direxion Daily GOOGL Bear 1X Shares during the 4th quarter worth about $109,000. Finally, Optiver Holding B.V. raised its stake in shares of Direxion Daily GOOGL Bear 1X Shares by 137.3% in the 3rd quarter. Optiver Holding B.V. now owns 29,454 shares of the company’s stock valued at $262,000 after purchasing an additional 17,042 shares during the period.

Direxion Daily GOOGL Bear 1X Shares Stock Down 0.3%

NASDAQ:GGLS traded down $0.02 on Friday, reaching $6.89. The company’s stock had a trading volume of 9,402,380 shares, compared to its average volume of 11,555,400. Direxion Daily GOOGL Bear 1X Shares has a 1-year low of $6.09 and a 1-year high of $16.00. The business’s 50-day moving average price is $6.62 and its two-hundred day moving average price is $7.84.

Direxion Daily GOOGL Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.