Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) Sees Large Growth in Short Interest

Posted by Anthony Miller on Mar 27th, 2026

Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,333,328 shares, a growth of 158.3% from the February 26th total of 516,209 shares. Based on an average daily volume of 2,447,002 shares, the days-to-cover ratio is currently 0.5 days. Approximately 14.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Direxion Daily Homebuilders & Supplies Bull 3x Shares

Several hedge funds have recently modified their holdings of NAIL. FNY Investment Advisers LLC purchased a new position in Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter valued at $1,102,000. Covestor Ltd purchased a new stake in Direxion Daily Homebuilders & Supplies Bull 3x Shares in the 3rd quarter worth $159,000. Jump Financial LLC bought a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the 3rd quarter valued at about $2,060,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the 3rd quarter valued at about $558,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Trading Down 4.7%

NAIL traded down $1.77 on Friday, hitting $36.01. 1,121,157 shares of the company’s stock traded hands, compared to its average volume of 1,630,737. The company’s 50 day simple moving average is $58.52 and its 200-day simple moving average is $61.39. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a one year low of $34.69 and a one year high of $99.01. The firm has a market cap of $342.10 million, a price-to-earnings ratio of 9.25 and a beta of 3.97.

About Direxion Daily Homebuilders & Supplies Bull 3x Shares

(Get Free Report)

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.