Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Shares Down 3.1% – Time to Sell?

Posted by Dante Gardener on Sep 4th, 2026

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Get Free Report)’s share price dropped 3.1% during mid-day trading on Thursday . The company traded as low as $24.04 and last traded at $24.13. Approximately 14,287,922 shares traded hands during trading, an increase of 8% from the average session volume of 13,240,150 shares. The stock had previously closed at $24.89.

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

The company’s 50 day simple moving average is $25.66 and its 200 day simple moving average is $30.07.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. IMC Chicago LLC increased its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 323.0% in the 1st quarter. IMC Chicago LLC now owns 1,069,475 shares of the company’s stock valued at $43,303,000 after purchasing an additional 816,668 shares during the last quarter. Hamilton Wealth LLC acquired a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the first quarter worth $19,108,000. Jump Financial LLC acquired a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter worth $1,537,000. Tower Research Capital LLC TRC increased its holdings in Direxion Daily S&P 500 Bear 3X Shares by 174.4% in the second quarter. Tower Research Capital LLC TRC now owns 107,891 shares of the company’s stock valued at $506,000 after buying an additional 68,566 shares during the last quarter. Finally, Group One Trading LLC purchased a new position in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at $2,172,000.

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.