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

Posted by Patrick Bannon on Sep 1st, 2026

Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 54,488 shares, a growth of 94.7% from the July 30th total of 27,979 shares. Based on an average daily volume of 134,662 shares, the short-interest ratio is presently 0.4 days. Approximately 5.8% of the company’s shares are sold short.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Prosperity Wealth Management Inc. increased its stake in 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. Virtu Financial LLC boosted its stake in shares of 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 period. Tower Research Capital LLC TRC acquired a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares in the second quarter valued at approximately $219,000. HRT Financial LP acquired a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares in the fourth quarter valued at approximately $59,000. Finally, StoneX Group Inc. purchased a new stake in Direxion Daily S&P 500 High Beta Bear 3X Shares during the 4th quarter worth approximately $55,000.

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

HIBS opened at $19.44 on Tuesday. Direxion Daily S&P 500 High Beta Bear 3X Shares has a 52 week low of $17.12 and a 52 week high of $80.70. The business has a fifty day simple moving average of $20.02 and a 200-day simple moving average of $29.46.

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.