Direxion Daily MSCI India Bull 2X ETF (NYSEARCA:INDL) Sees Significant Increase in Short Interest

Posted by Jeff Wilder on Oct 16th, 2026

Direxion Daily MSCI India Bull 2X ETF (NYSEARCA:INDL – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 44,119 shares, an increase of 58.9% from the September 15th total of 27,773 shares. Based on an average daily trading volume, of 12,903 shares, the days-to-cover ratio is presently 3.4 days. Approximately 3.5% of the company’s shares are short sold.

Direxion Daily MSCI India Bull 2X ETF Stock Performance

Shares of NYSEARCA INDL traded up $0.00 during trading on Friday, hitting $41.55. 7,544 shares of the company were exchanged, compared to its average volume of 23,799. The company has a fifty day moving average price of $42.86 and a 200-day moving average price of $43.91. Direxion Daily MSCI India Bull 2X ETF has a 12-month low of $37.25 and a 12-month high of $61.00. The firm has a market capitalization of $54.02 million, a PE ratio of 23.82 and a beta of 0.93.

Hedge Funds Weigh In On Direxion Daily MSCI India Bull 2X ETF

An institutional investor recently bought a new stake in Direxion Daily MSCI India Bull 2X ETF stock. Virtu Financial LLC bought a new position in shares of Direxion Daily MSCI India Bull 2X ETF (NYSEARCA:INDL – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 36,190 shares of the company’s stock, valued at approximately $2,058,000. Virtu Financial LLC owned approximately 3.15% of Direxion Daily MSCI India Bull 2X ETF at the end of the most recent reporting period.

Direxion Daily MSCI India Bull 2X ETF Company Profile

(Get Free Report)

Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges. The Index utilizes a measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators.