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Direxion Daily NVDA Bull 2X Shares (NVDU) Short Interest Ratio & Short Volume

Direxion Daily NVDA Bull 2X Shares logo
$123.79 -8.73 (-6.59%)
(As of 11/15/2024 ET)

Direxion Daily NVDA Bull 2X Shares Short Interest Data

Direxion Daily NVDA Bull 2X Shares (NVDU) has a short interest of 104,700 shares. This marks a -17.43% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.1, indicating that it would take 0.1 days of the average trading volume of 656,567 shares to cover all short positions.

Current Short Interest
104,700 shares
Previous Short Interest
126,800 shares
Change Vs. Previous Month
-17.43%
Dollar Volume Sold Short
$11.43 million
Short Interest Ratio
0.1 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
6,000,000 shares
Percentage of Shares Shorted
1.75%
Today's Trading Volume
1,072,350 shares
Average Trading Volume
656,567 shares
Today's Volume Vs. Average
163%
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NVDU Short Interest Over Time

NVDU Days to Cover Over Time

NVDU Percentage of Float Shorted Over Time

Direxion Daily NVDA Bull 2X Shares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024104,700 shares $11.43 million -17.4%N/A0.1 $109.13
10/15/2024126,800 shares $13.75 million -38.5%N/A0.1 $108.41
9/30/2024206,000 shares $19.27 million -58.7%N/A0.2 $93.53
9/15/2024498,900 shares $45.52 million +1.9%N/A0.5 $91.24
8/31/2024489,800 shares $46.05 million -11.1%N/A0.6 $94.01
8/15/2024551,200 shares $55.91 million +130.4%N/A0.7 $101.44
7/31/2024239,200 shares $22.65 million -19.7%N/A0.3 $94.71
7/15/2024297,700 shares $35.32 million +180.6%N/A0.5 $118.64
6/30/2024106,100 shares $11.80 million +129.2%N/A0.2 $111.20
6/15/202446,300 shares $6.00 million +59.1%N/A0.1 $129.60
5/31/202429,100 shares $2.63 million +86.5%N/A0.1 $90.48
5/15/202415,600 shares $1.07 million -77.1%N/A0 $68.66
4/30/202468,100 shares $3.93 million +74.2%N/A0.2 $57.77
4/15/202439,100 shares $2.31 million +60.9%N/A0.1 $59.07
3/31/202440,600 shares $2.67 million +91.5%N/A0.6 $65.82
3/15/202421,200 shares $1.35 million +783.3%N/A0.1 $63.63
2/29/20242,400 shares $131,592.00 -33.3%N/A0 $54.83
2/15/20243,600 shares $175,752.00 -96.9%N/A0 $48.82
1/31/2024117,500 shares $4.49 million No ChangeN/A0.6 $38.23

NVDU Short Interest - Frequently Asked Questions

What is Direxion Daily NVDA Bull 2X Shares' current short interest?

Short interest is the volume of Direxion Daily NVDA Bull 2X Shares shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 104,700 shares of NVDU short. Learn More on Direxion Daily NVDA Bull 2X Shares' current short interest.

Which institutional investors are shorting Direxion Daily NVDA Bull 2X Shares?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Direxion Daily NVDA Bull 2X Shares: Jane Street Group LLC, and Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Direxion Daily NVDA Bull 2X Shares' short interest increasing or decreasing?

Direxion Daily NVDA Bull 2X Shares saw a decrease in short interest in October. As of October 31st, there was short interest totaling 104,700 shares, a decrease of 17.4% from the previous total of 126,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Direxion Daily NVDA Bull 2X Shares' short interest compare to its competitors?
Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Direxion Daily NVDA Bull 2X Shares stock?

Short selling NVDU is an investing strategy that aims to generate trading profit from Direxion Daily NVDA Bull 2X Shares as its price is falling. NVDU shares are trading down $8.73 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Direxion Daily NVDA Bull 2X Shares?

A short squeeze for Direxion Daily NVDA Bull 2X Shares occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NVDU, which in turn drives the price of the stock up even further.

How often is Direxion Daily NVDA Bull 2X Shares' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NVDU, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:NVDU) was last updated on 11/15/2024 by MarketBeat.com Staff
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