Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) Short Interest Down 49.0% in July

Posted by Kyle Jackson on Aug 18th, 2026

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD – Get Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 364,056 shares, a drop of 49.0% from the July 15th total of 714,479 shares. Currently, 7.3% of the company’s stock are sold short. Based on an average trading volume of 39,385,525 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Direxion Daily PLTR Bear 1X Shares

Institutional investors and hedge funds have recently made changes to their positions in the stock. OLD Mission Capital LLC bought a new position in shares of Direxion Daily PLTR Bear 1X Shares in the fourth quarter valued at $77,000. Headlands Technologies LLC bought a new stake in Direxion Daily PLTR Bear 1X Shares during the second quarter worth $78,000. Flow Traders U.S. LLC acquired a new stake in Direxion Daily PLTR Bear 1X Shares in the second quarter valued at $118,000. Private Advisor Group LLC acquired a new stake in Direxion Daily PLTR Bear 1X Shares in the third quarter valued at $122,000. Finally, Jump Financial LLC bought a new position in shares of Direxion Daily PLTR Bear 1X Shares in the 4th quarter valued at about $181,000.

Direxion Daily PLTR Bear 1X Shares Stock Performance

PLTD traded up $0.03 on Tuesday, hitting $5.34. 21,483,067 shares of the company were exchanged, compared to its average volume of 48,162,000. Direxion Daily PLTR Bear 1X Shares has a 12 month low of $5.09 and a 12 month high of $9.73. The stock’s fifty day moving average is $7.62 and its 200-day moving average is $7.71.

Direxion Daily PLTR Bear 1X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.0376 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.15 annualized dividend and a dividend yield of 2.8%.

About Direxion Daily PLTR Bear 1X Shares

(Get Free Report)

The Direxion Daily PLTR Bear 1X Shares (PLTD) 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 Palantir Technologies Stock. PLTD was launched on Dec 11, 2024 and is issued by Direxion.