Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS) Short Interest Update

Posted by Teresa Graham on Mar 16th, 2026

Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Get Free Report) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 502,860 shares, a decline of 17.3% from the February 12th total of 608,045 shares. Currently, 111.7% of the shares of the stock are short sold. Based on an average daily volume of 8,916,842 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 8,916,842 shares, the days-to-cover ratio is currently 0.1 days. Currently, 111.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. 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 valued at $28,000. StoneX Group Inc. acquired a new position in 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 Direxion Daily S&P 500 High Beta Bear 3X Shares in the 4th quarter worth about $59,000. Tower Research Capital LLC TRC bought a new position in Direxion Daily S&P 500 High Beta Bear 3X Shares in the second quarter valued at about $219,000. Finally, Virtu Financial LLC raised its position in Direxion Daily S&P 500 High Beta Bear 3X Shares by 322.9% in the fourth quarter. Virtu Financial LLC now owns 168,005 shares of the company’s stock valued at $847,000 after purchasing an additional 128,276 shares during the last quarter.

Direxion Daily S&P 500 High Beta Bear 3X Shares Price Performance

NYSEARCA:HIBS traded down $2.03 on Monday, hitting $46.81. The company had a trading volume of 101,733 shares, compared to its average volume of 439,496. The firm has a 50 day moving average of $43.43 and a two-hundred day moving average of $54.08. Direxion Daily S&P 500 High Beta Bear 3X Shares has a 52 week low of $38.70 and a 52 week high of $416.90.

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

(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.