Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD) Short Interest Up 176.0% in February

Posted by Amy Steele on Feb 26th, 2026

Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD – Get Free Report) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 103,626 shares, a growth of 176.0% from the January 29th total of 37,550 shares. Based on an average trading volume of 295,058 shares, the days-to-cover ratio is presently 0.4 days. Currently, 7.1% of the company’s shares are short sold. Currently, 7.1% of the company’s shares are short sold. Based on an average trading volume of 295,058 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Direxion Daily Magnificent 7 Bear 1X Shares

A number of hedge funds have recently bought and sold shares of the company. One Plus One Wealth Management LLC acquired a new position in Direxion Daily Magnificent 7 Bear 1X Shares in the third quarter valued at $4,213,000. Wakefield Asset Management LLLP acquired a new position in shares of Direxion Daily Magnificent 7 Bear 1X Shares in the 3rd quarter valued at about $3,130,000. Virtu Financial LLC bought a new stake in shares of Direxion Daily Magnificent 7 Bear 1X Shares during the 4th quarter valued at about $454,000. Susquehanna International Group LLP bought a new stake in Direxion Daily Magnificent 7 Bear 1X Shares in the third quarter worth approximately $433,000. Finally, Bank of Montreal Can bought a new position in shares of Direxion Daily Magnificent 7 Bear 1X Shares during the 4th quarter worth approximately $54,000.

Direxion Daily Magnificent 7 Bear 1X Shares Stock Performance

QQQD stock traded up $0.22 during trading on Thursday, hitting $13.80. The company had a trading volume of 118,450 shares, compared to its average volume of 178,538. The business has a 50-day moving average of $13.26 and a 200-day moving average of $13.52. Direxion Daily Magnificent 7 Bear 1X Shares has a one year low of $12.66 and a one year high of $23.18.

Direxion Daily Magnificent 7 Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily Concentrated Qs Bear 1X Shares (QQQD) is an exchange-traded fund that is based on the Indxx Front of the Q index. The fund tracks -1x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies. QQQD was launched on Mar 7, 2024 and is issued by Direxion.