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

Posted by Jeff Wilder on Feb 5th, 2026

Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 111,888 shares, a drop of 13.5% from the December 31st total of 129,421 shares. Based on an average daily volume of 2,192,032 shares, the short-interest ratio is currently 0.1 days. Approximately 2.4% of the company’s shares are short sold. Approximately 2.4% of the company’s shares are short sold. Based on an average daily volume of 2,192,032 shares, the short-interest ratio is currently 0.1 days.

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

HIBS opened at $4.57 on Thursday. The stock has a fifty day moving average of $4.73 and a 200-day moving average of $6.12. Direxion Daily S&P 500 High Beta Bear 3X Shares has a 12-month low of $4.12 and a 12-month high of $41.69.

Institutional Investors Weigh In On Direxion Daily S&P 500 High Beta Bear 3X Shares

A number of institutional investors have recently bought and sold shares of the business. Choreo LLC purchased a new position in Direxion Daily S&P 500 High Beta Bear 3X Shares during the 3rd quarter valued at about $2,366,000. Prosperity Wealth Management Inc. boosted its holdings in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares by 213.9% during the third quarter. Prosperity Wealth Management Inc. now owns 249,733 shares of the company’s stock worth $1,621,000 after purchasing an additional 170,165 shares during the period. Tower Research Capital LLC TRC purchased a new position in Direxion Daily S&P 500 High Beta Bear 3X Shares during the second quarter valued at approximately $219,000. Finally, Group One Trading LLC acquired a new position in Direxion Daily S&P 500 High Beta Bear 3X Shares in the 3rd quarter valued at approximately $28,000.

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.