Short interest in Direxion Daily S&P Biotech Bull 3X ETF (ARCA:LABU) decreased during the last reporting period, falling from 610.65K to 504.23K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 545.07K 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.