PILL Short Volume
Direxion Daily Pharmaceutical & Medical Bull 3X ETF (PILL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $36.5M, listed on AMEX, employing roughly 39 people, carrying a beta of 2.12 to the broader market. PILL seeks to deliver investment results of 3x the daily performance of the S&P Pharmaceuticals Select Industry Index, a modified equal-weighted index that measures the performance of pharmaceutical companies, as defined by GICS, on the S&P Total Market Index. Led by Michael Davidson, public since 2017-11-15.
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
- 38.1K
- Total Volume
- 51.1K
- Short %
- 74.54%
- 30-Day Avg Short %
- 52.59%
Showing 30 days of FINRA short volume data for Direxion Daily Pharmaceutical & Medical Bull 3X ETF.
Learn how short volume is reported and how to read the data →
Frequently asked PILL short volume questions
- What is the daily PILL short volume?
- As of Jun 30, 2026, Direxion Daily Pharmaceutical & Medical Bull 3X ETF (PILL) short volume is 38.1K shares against 51.1K total reported volume, or 74.54% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is PILL 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 PILL 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.