SPXS Short Volume

Direxion Daily S&P 500 Bear 3X ETF (SPXS) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $367.6M, listed on AMEX, carrying a beta of -2.75 to the broader market. The Fund seeks daily leveraged investment results. public since 2008-11-19.

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
2026-07-16
Short Volume
1.3M
Total Volume
2.3M
Short %
55.28%
30-Day Avg Short %
50.05%

Showing 30 days of FINRA short volume data for Direxion Daily S&P 500 Bear 3X ETF.

Learn how short volume is reported and how to read the data →

Frequently asked SPXS short volume questions

What is the daily SPXS short volume?
As of Jul 16, 2026, Direxion Daily S&P 500 Bear 3X ETF (SPXS) short volume is 1.3M shares against 2.3M total reported volume, or 55.28% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is SPXS 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 SPXS 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.