Short interest in Direxion Daily Magnificent 7 Bull 2X ETF (ARCA:QQQU) decreased during the last reporting period, falling from 37.42K to 37.06K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 78.93K 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.