Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS) Sees Large Increase in Short Interest

Posted by Scott Moore on Feb 28th, 2026

Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 608,045 shares, an increase of 270.6% from the January 29th total of 164,070 shares. Approximately 13.6% of the company’s shares are sold short. Based on an average daily volume of 3,215,253 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 3,215,253 shares, the short-interest ratio is currently 0.2 days. Approximately 13.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Direxion Daily S&P 500 High Beta Bear 3X Shares

A number of hedge funds have recently made changes to their positions in the stock. Group One Trading LLC acquired a new stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares during the 3rd quarter worth $28,000. StoneX Group Inc. purchased a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares in the 4th quarter worth about $55,000. HRT Financial LP acquired a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares in the 4th quarter valued at about $59,000. Tower Research Capital LLC TRC acquired a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares in the 2nd quarter valued at about $219,000. Finally, Virtu Financial LLC grew its holdings in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares by 322.9% during the 4th quarter. Virtu Financial LLC now owns 168,005 shares of the company’s stock worth $847,000 after purchasing an additional 128,276 shares during the period.

Direxion Daily S&P 500 High Beta Bear 3X Shares Trading Up 4.3%

NYSEARCA HIBS opened at $4.17 on Friday. The business’s 50-day moving average price is $4.40 and its 200 day moving average price is $5.67. Direxion Daily S&P 500 High Beta Bear 3X Shares has a twelve month low of $3.87 and a twelve month high of $41.69.

Direxion Daily S&P 500 High Beta Bear 3X Shares’s stock is going to reverse split on the morning of Thursday, March 5th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, March 4th.

Direxion Daily S&P 500 High Beta Bear 3X Shares Company Profile

(Get Free Report)

The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.