Direxion Daily NFLX Bear 1X Shares (NASDAQ:NFXS) Sees Significant Increase in Short Interest

Direxion Daily NFLX Bear 1X Shares (NASDAQ:NFXS) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 87,354 shares, a growth of 593.6% from the January 15th total of 12,595 shares. Based on an average trading volume of 115,972 shares, the short-interest ratio is currently 0.8 days. Currently, 43.7% of the company’s stock are sold short. Currently, 43.7% of the company’s stock are sold short. Based on an average trading volume of 115,972 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new stake in Direxion Daily NFLX Bear 1X Shares in the second quarter worth about $1,543,000. Wakefield Asset Management LLLP purchased a new stake in shares of Direxion Daily NFLX Bear 1X Shares in the fourth quarter worth $990,000. Optiver Holding B.V. increased its holdings in shares of Direxion Daily NFLX Bear 1X Shares by 1,901.0% during the third quarter. Optiver Holding B.V. now owns 59,410 shares of the company’s stock valued at $822,000 after acquiring an additional 56,441 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Direxion Daily NFLX Bear 1X Shares in the 1st quarter worth about $655,000. Finally, IMC Chicago LLC purchased a new stake in Direxion Daily NFLX Bear 1X Shares during the 4th quarter valued at about $351,000.

Direxion Daily NFLX Bear 1X Shares Trading Up 4.9%

Shares of NFXS traded up $1.00 on Thursday, reaching $21.34. The stock had a trading volume of 45,988 shares, compared to its average volume of 76,569. Direxion Daily NFLX Bear 1X Shares has a 12-month low of $12.52 and a 12-month high of $21.48. The company has a 50-day simple moving average of $18.18 and a 200-day simple moving average of $15.61.

Direxion Daily NFLX Bear 1X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.1617 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Tuesday, December 23rd.

Direxion Daily NFLX Bear 1X Shares Company Profile

The Direxion Daily NFLX Bear 1X Shares (NFXS) is an exchange-traded fund that mostly invests in communication services equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXS was launched on Oct 3, 2024 and is issued by Direxion.