Short interest in Direxion Daily S&P Biotech Bull 3X ETF (ARCA:LABU) decreased during the last reporting period, falling from 547.29K to 456.06K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 396.20K shares traded per day, it would take 1.15 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.