LABD Short Volume
Direxion Daily S&P Biotech Bear 3X ETF (LABD) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $18.7M, listed on AMEX, carrying a beta of -3.18 to the broader market. The Direxion Daily S&P Biotech Bull and Bear 3X ETFs are designed to deliver daily investment returns reflecting triple (300%) the performance of the S&P Biotechnology Select Industry Index, or triple its inverse (opposite) performance, before factoring in any fees or expenses. public since 2015-05-28.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-06-30
- Short Volume
- 3.8M
- Total Volume
- 8.0M
- Short %
- 47.37%
- 30-Day Avg Short %
- 44.68%
Showing 30 days of FINRA short volume data for Direxion Daily S&P Biotech Bear 3X ETF.
Learn how short volume is reported and how to read the data →
LABD most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $8.00 | Jul 17, 2026 | 271 | 113 | 471.1% | $0.30 | $0.45 |
| CALL | $8.50 | Jul 17, 2026 | 343 | 533 | 365.2% | $0.20 | $0.30 |
Top 2 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked LABD short volume questions
- What is the daily LABD short volume?
- As of Jun 30, 2026, Direxion Daily S&P Biotech Bear 3X ETF (LABD) short volume is 3.8M shares against 8.0M total reported volume, or 47.37% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is LABD short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does LABD short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.