Short interest in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (ARCA:DRIP) increased during the last reporting period, rising from 95.74K to 98.40K. This put -% of the company's publicly available shares short.
Based on the recent average volume of 795.89K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
Short Interest
98.40K
Short Interest %
–
Days to Cover
1
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