Short interest in Direxion Daily S&P 500 High Beta Bear 3X ETF (ARCA:HIBS) decreased during the last reporting period, falling from 69.93K to 31.81K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 229.22K 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.