Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS) Short Interest Up 556.1% in May

Posted by Trevor Kearing on May 28th, 2026

Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS – Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 133,956 shares, an increase of 556.1% from the April 30th total of 20,417 shares. Currently, 13.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,666,941 shares, the short-interest ratio is currently 0.1 days.

Direxion Daily AVGO Bear 1X Shares Stock Performance

NASDAQ AVS opened at $7.38 on Thursday. The stock’s 50 day simple moving average is $8.46 and its 200 day simple moving average is $9.17. Direxion Daily AVGO Bear 1X Shares has a one year low of $7.04 and a one year high of $15.38.

Direxion Daily AVGO Bear 1X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a $0.0593 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Direxion Daily AVGO Bear 1X Shares

Several hedge funds have recently made changes to their positions in AVS. Genesis Financial Group LLC acquired a new stake in Direxion Daily AVGO Bear 1X Shares in the 4th quarter valued at $1,868,000. IMC Chicago LLC acquired a new position in shares of Direxion Daily AVGO Bear 1X Shares during the 4th quarter worth about $2,394,000. Advisory Services Network LLC acquired a new position in shares of Direxion Daily AVGO Bear 1X Shares during the 2nd quarter worth about $1,019,000. Hamilton Wealth LLC bought a new position in shares of Direxion Daily AVGO Bear 1X Shares in the 1st quarter valued at about $205,000. Finally, MWA Asset Management acquired a new stake in shares of Direxion Daily AVGO Bear 1X Shares in the fourth quarter valued at about $118,000.

Direxion Daily AVGO Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily AVGO Bear 1X Shares (AVS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.