Short interest in Direxion Daily S&P 500 Bear 1X ETF (ARCA:SPDN) increased during the last reporting period, rising from 1.09M to 3.26M. This put -% of the company's publicly available shares short.

Based on the recent average volume of 36.83M 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.