Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Short Interest Up 49.2% in March

Posted by Dante Gardener on Mar 28th, 2026

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,584,161 shares, an increase of 49.2% from the February 26th total of 1,731,976 shares. Based on an average daily trading volume, of 26,730,079 shares, the days-to-cover ratio is currently 0.1 days. Currently, 28.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC purchased a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the fourth quarter worth approximately $359,000. XTX Topco Ltd purchased a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at $348,000. Quadrature Capital Ltd acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at $1,063,000. Squarepoint Ops LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at $421,000. Finally, IMC Chicago LLC purchased a new position in Direxion Daily S&P 500 Bear 3X Shares during the 4th quarter worth $8,967,000.

Direxion Daily S&P 500 Bear 3X Shares Stock Performance

SPXS stock traded up $2.18 during trading on Friday, hitting $43.81. The company had a trading volume of 24,710,644 shares, compared to its average volume of 14,286,705. The firm has a 50-day moving average price of $36.25 and a 200-day moving average price of $36.52. Direxion Daily S&P 500 Bear 3X Shares has a 1-year low of $33.29 and a 1-year high of $106.70.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

(Get Free Report)

Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.