SPXS Direxion Daily S&P 500 Bear 3x ETF

ETF 24.65 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

SPXS $24.65 —
Key stats
$24.65
52-Week Range
$23.04 – $44.83
YTD
-30.21%
IV Rank (30D)
37.58
Straddle Price
$2.51
P/C Vol Ratio
0.49
Open
$24.55
Day Range
$24.43 – $24.95
Volume
7,328,392
Prev Close
$23.91
About

Direxion Daily S&P 500 Bear 3x ETF (SPXS) ETF

No description available.

Exchange
ARCX
Inception
2008-11-05
Has Options
Yes
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jul 2026flows, SEC filings
Resets to −3x its benchmark's return each day. Over longer periods the result compounds and can differ sharply from −3x the benchmark, especially when it is volatile. Decay analysis
Expense ratio
—
Assets
$346M
shares × price, Oct 21, 2026
Trailing yield
4.82%
paid quarterly
Average daily volume
$351M
30 sessions
Holdings
11
top 10 are 0.0%
Listed
Nov 5, 2008
NYSE Arca
Closure risk, 12 months
0.1%
low: trailing return, leveraged or inverse · model
FrenzyCap ETF score
81
how it is built
Costn/a
Liquidity100
Scale57
Diversificationn/a

Moves with. US large-cap stocks (99% of its variance, beta -2.96). These factors explain 100% of its daily moves over the last year.

All 11 holdingsFlow historyOverlap toolAll Inverse Equity ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
+$152M
latest reported month
Latest 3 months
+$110M
+24.4% of assets
Latest 12 months
+$188M
+41.6% of assets
Aug 2025: +$10MSep 2025: +$29MSepOct 2025: +$14MNov 2025: −$78MNovDec 2025: +$18MJan 2026: −$19MJanFeb 2026: +$33MMar 2026: −$21MMarApr 2026: +$92MMay 2026: +$52MMayJun 2026: −$94M−$94MJul 2026: +$152M+$152MJul
View as a table
Net flows of SPXS by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$152M
Jun 2026−$94M
May 2026+$52M
Apr 2026+$92M
Mar 2026−$21M
Feb 2026+$33M
Jan 2026−$19M
Dec 2025+$18M
Nov 2025−$78M
Oct 2025+$14M
Sep 2025+$29M
Aug 2025+$10M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago

Similar funds
FundOverlapFeeAssets1Y
SOXSDirexion Daily Semiconductor Bear 3X ETF——$3.1B−94.3%compare
SQQQProShares UltraPro Short QQQ—0.95%$2.0B−49.1%compare
SHProShares Short S&P500—0.89%$950M−12.8%compare
PSQProShares Short QQQ—0.95%$636M−16.9%compare
SPXUProShares UltraPro Short S&P 500—0.89%$436M−36.5%compare

The largest other funds in the Inverse Equity category.

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
7 active
of 7 with agreements; top 3 did 79%
Created · redeemed
$1.3B · $1.2B
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
50,000
shares
Securities lending
authorized, none lent
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-21
Holdings
11
AUM
$-625,802,009
Provider
Direxion
Inception
2008-11-05
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
—
Dividend Yield
4.82%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-22 2026-09-29 $0.3387 CD
2026-06-23 2026-06-30 $0.2386 CD
2026-03-24 2026-03-31 $0.3827 CD
2025-12-23 2025-12-31 $0.1934 CD
2025-09-23 2025-09-30 $0.0370 CD
2025-06-24 2025-07-01 $0.0342 CD
Asset Allocation
Top Holdings
top 11 of 11 holdings
Symbol Name Weight % Asset Class Country
— DREYFUS GOVT CASH MAN INS 49.91% Cash/Money Market —
— GOLDMAN SACHS FIN GOV 465 INSTITUT 22.91% Cash/Money Market —
— GOLDMAN FINL SQ TRSRY INST 506 21.12% Cash/Money Market —
— DREYFUS TRSRY SECURITIES CASH MGMT 15.78% Cash/Money Market —
— SPX SWAP ASSET LEG -13.76% Derivative —
— SPX SWAP ASSET LEG -15.83% Derivative —
— SPX SWAP ASSET LEG -19.99% Derivative —
— SPX SWAP ASSET LEG -29.42% Derivative —
— SPX SWAP ASSET LEG -41.36% Derivative —
— SPX SWAP ASSET LEG -72.60% Derivative —
— SPX SWAP ASSET LEG -107.05% Derivative —
Non-Equity Breakdown
Direxion Daily S&P 500 Bear 3X Shares · NPORT-P period 2026-04-30 (filed 2026-06-29)
Net assets: $385M · 11 total positions · equity 0.00% · non-equity 103.49%
Non-equity holdings — 11 positions, 103.49% of NAV
Category Weight Value Positions
Short-term investment 112.02% $431.4M 4
Derivative (equity) -8.53% $-32843350 7
Chart
Seasonality
Month'21'22'23'24'25'26Avg
Jan-2.19%17.84%-17.97%-5.28%-7.90%-3.14%-3.11%
Feb-4.09%8.93%11.76%-9.98%2.52%4.48%2.27%
Mar-7.06%-16.86%-12.72%-6.93%10.90%15.06%-2.94%
Apr-12.07%28.82%-2.96%13.44%-6.81%-24.00%-0.60%
May-2.38%-3.21%-1.11%-13.41%-15.11%-12.99%-8.04%
Jun-7.16%21.51%-14.96%-9.87%-12.50%2.99%-3.33%
Jul-6.08%-21.99%-7.75%-1.93%-5.52%0.47%-7.13%
Aug-9.34%10.96%5.17%-10.55%-9.66%-2.83%-2.71%
Sep14.53%32.05%16.37%-12.15%-11.86%-1.82%6.19%
Oct-16.06%-16.85%7.28%0.73%-5.43%0.20%*-5.02%
Nov1.93%-18.46%-19.85%-14.37%0.14%---10.12%
Dec-16.94%18.87%-10.81%8.09%-1.20%---0.40%
Total-51.85%48.95%-43.46%-49.52%-48.98%-23.84%-28.12%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $24.06
SMA 50: $24.45
SMA 200: $29.67
Current: $24.72
EMA 12: $24.19
EMA 26: $24.25
MACD: -0.0690 | Signal: 0.1160
BEARISH
ADX (14): 14.34
RANGE
+DI: 30.97
−DI: 16.36

Momentum Oscillators

RSI (14): 54.40
NEUTRAL
Stoch %K: 61.25
Stoch %D: 62.96
Williams %R: -17.44

Volume & Volatility

BB Upper: $25.08
BB Lower: $23.04
NEUTRAL
OBV: 27,664,420
Vol SMA 20: 14,309,538
Vol ROC: -45.39%
ATR: $0.69
True Range: $1.04
HV 20: 28.9%
HV 30: 31.7%
HV 60: 32.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary Overall Assessment: NEUTRAL (Confidence Level: 6/10) Key Drivers: Market trends, interest rates, inflation Primary Risks: Volatility, earnings surprises Investment Thesis: SPXS is a leveraged ETF tracking the S&P 500. Recent market trends and macroeconomic factors have led to increased volatility. The options market suggests a potential move around $2.61 by expiration. Recent News Sentiment Impact: Mixed sentiment from recent news headlines, with some articles highlighting market trends and others discussing earnings.

Technical Analysis Trend Direction:

  • Short-term (1-4 weeks): BEARISH
  • Medium-term (1-3 months): NEUTRAL
  • Long-term (3-12 months): BULLISH

Support/Resistance Levels:

  • Lower band: $25.34 (Bollinger Bands)
  • Middle band: $26.85 (SMA 20)

Momentum Signals:

  • RSI (14): 44.96 (neutral)
  • MACD: -0.45 / Signal: -0.05 / Histogram: -0.39 (bearish)
  • Bollinger Bands: neutral

Volume Analysis:

  • Volume SMA 20: 10306304.45
  • On-Balance Volume (OBV): 34630586.25
  • Volume Rate of Change: -14.56%

News & Sentiment Analysis Recent Headlines Summary:

  1. Negative sentiment: Leveraged ETFs promise bigger returns, but weigh risks. 2-6. Neutral sentiment: Economic data, interest rates, and monetary policy.

Sentiment Assessment: NEUTRAL

Catalyst Identification:

  • Upcoming events: Earnings reports
  • Product launches: None relevant to SPXS
  • Regulatory changes: Monetary policy updates

Market Narrative: The recent news headlines are mixed, but overall sentiment is neutral. The market narrative aligns with the bearish short-term trend.

Risk & Volatility Assessment Beta Interpretation: -2.97 (vs SPY) - stock moves opposite to market

Volatility Regime: Low volatility compared to historical levels

Options Market Signals:

  • IV Rank: 6.3% (Low)
  • Current IV: 57.3%
  • Expected Move: $2.61 (32 DTE)

Downside Protection:

  • Support level: $25.34 (Bollinger Bands)

Market Context & Positioning Sector Performance: S&P 500 is in a neutral trend

Institutional Activity: Volume patterns suggest institutional interest

Correlation Analysis: R-squared interpretation -1.00 (strong negative correlation with SPY)

Relative Valuation: Position within trading range

Key Levels & Action Items Critical Price Levels:

  • Support level: $25.34 (Bollinger Bands)
  • Resistance level: $28.35 (Upper Bollinger Band)

Breakout/Breakdown Levels:

  • Breakout above $28.35: Bullish
  • Breakdown below $25.34: Bearish

Time-Sensitive Catalysts:

  • Earnings reports

Risk Management:

  • Stop-loss levels: $24.50 and $26.50
  • Position sizing considerations: 2/3 of portfolio in SPXS

This report provides a comprehensive analysis of SPXS, including technical indicators, options metrics, beta analysis, market data, and recent news headlines. The overall assessment is NEUTRAL, with key drivers and primary risks discussed. The investment thesis highlights the potential for increased volatility around earnings reports.

Generated

SPXS Options Activity & IV Rank

SPXS IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 45.1%
7-DTE IV: 46.1%
Expected Move: $2.51
7-DTE Move: $1.37
Days to Exp: 29 (2026-11-20)

Options Flow

Call Volume: 435
Put Volume: 212
P/C Volume: 0.487
BULLISH
Call OI: 7,625
Put OI: 21,918
P/C OI: 2.874
Total OI: 29,543

ATM Options Pricing

ATM Call: $1.38
ATM Put: $1.14
Call %: 5.6%
Put %: 4.6%

Chain Summary

Chain Volume: 41,065
Chain OI: 329,548
Last Updated: 10/22/2026
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 2nd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
2%
vs own history
GEX tilt
-0.40
OI-weighted, today
Vanna tilt
+0.21
δ-sensitivity to IV
Charm tilt
+0.20
δ-decay vs time

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 126 ATM contracts, 191k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM 49.3% / Wing —
30 DTE / 10d 17%
-4.5 pts EXTREME
ATM 46.2% / Wing 41.7%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)49.0MediumOct 22
IV Rank (30 DTE)37.6MediumOct 22
Straddle Price (30 DTE)$2.51Oct 22
Beta Analysis

Risk Metrics

Beta: -2.9810
Alpha: 7.55%
Correlation: -0.9974
R-Squared: 99.5%
Stock Volatility: 38.1%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time

SPXS Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

36 filers1,362,024 shares$36.07M value
# Filer Shares Value % of Total % of Float Period
1 Jump Financial, LLC 220,464 $5.84M 16.19% — 2026-06-30
2 Susquehanna International Group, LLP Custodian 215,881 $5.72M 15.85% — 2026-06-30
3 IMC-Chicago, LLC Custodian 211,442 $5.60M 15.53% — 2026-06-30
4 DRW Securities, LLC 127,060 $3.37M 9.33% — 2026-06-30
5 FLOW TRADERS U.S. LLC 123,236 $3.27M 9.05% — 2026-06-30
6 Goldman Sachs Group Inc Custodian 117,348 $3.11M 8.62% — 2026-06-30
7 BNP Paribas Financial Markets Custodian 110,557 $2.93M 8.12% — 2026-06-30
8 XTX Topco Ltd 42,843 $1.13M 3.15% — 2026-06-30
9 Bank of New York Mellon Corp Custodian 25,001 $662.29K 1.84% — 2026-06-30
10 SBI Securities Co., Ltd. 24,762 $655.95K 1.82% — 2026-06-30
11 LAZARI CAPITAL MANAGEMENT, INC. 19,300 $511.26K 1.42% — 2026-06-30
12 TWO SIGMA SECURITIES, LLC 14,288 $378.49K 1.05% — 2026-06-30
13 Lido Advisors, LLC 13,188 $349.35K 0.97% — 2026-06-30
14 Morgan Stanley Custodian 13,113 $347.36K 0.96% — 2026-06-30
15 Hamilton Wealth, LLC 13,000 $344.37K 0.95% — 2026-06-30
16 UBS Group AG Custodian 12,400 $328.48K 0.91% — 2026-06-30
17 Jane Street Group, LLC Custodian 11,719 $310.44K 0.86% — 2026-06-30
18 GROUP ONE TRADING LLC Custodian 10,718 $283.92K 0.79% — 2026-06-30
19 StoneX Group Inc. 7,751 $210.97K 0.58% — 2026-06-30
20 Simplicity Wealth,LLC 7,650 $202.65K 0.56% — 2026-06-30
21 IFP Advisors, Inc Custodian 8,000 $198.16K 0.55% — 2026-09-30
22 PayPay Securities Corp 4,836 $128.11K 0.36% — 2026-06-30
23 Belvedere Trading LLC 4,802 $127.20K 0.35% — 2026-06-30
24 JPMorgan Chase & Co Custodian 617 $16.70K 0.05% — 2026-06-30
25 Ashton Thomas Private Wealth, LLC 585 $15.50K 0.04% — 2026-06-30
5 filers$105.96M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $67.77M 63.96% 2026-06-30
2 Citadel Advisors LLC Custodian $22.49M 21.22% 2026-06-30
3 Jane Street Group, LLC Custodian $7.82M 7.38% 2026-06-30
4 Wolverine Trading, LLC Custodian $7.79M 7.35% 2025-09-30
5 Belvedere Trading LLC $84.77K 0.08% 2026-06-30
5 filers$88.97M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $58.23M 65.45% 2026-06-30
2 Citadel Advisors LLC Custodian $16.62M 18.68% 2026-06-30
3 Jane Street Group, LLC Custodian $12.67M 14.24% 2026-06-30
4 Wolverine Trading, LLC Custodian $1.35M 1.51% 2025-09-30
5 Belvedere Trading LLC $100.68K 0.11% 2026-06-30
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
1.66M
SI % of Float
11.48%
Days to Cover
1.00
Short Vol Ratio
37.7%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month