Short interest in Direxion Daily S&P Biotech Bear 3X ETF (ARCA:LABD) increased during the last reporting period, rising from 2.49M to 2.73M. This put -% of the company's publicly available shares short.

Based on the recent average volume of 23.34M 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.