Direxion Daily PANW Bear 1X Shares (NASDAQ:PALD) Short Interest Up 164.9% in August

Posted by Stanley Muller on Aug 29th, 2026

Direxion Daily PANW Bear 1X Shares (NASDAQ:PALD – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 9,660 shares, a growth of 164.9% from the July 30th total of 3,647 shares. Based on an average trading volume of 106,166 shares, the short-interest ratio is presently 0.1 days. Approximately 4.8% of the shares of the stock are sold short.

Institutional Trading of Direxion Daily PANW Bear 1X Shares

Institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. bought a new position in Direxion Daily PANW Bear 1X Shares during the 1st quarter worth $693,000. Susquehanna International Group LLP bought a new stake in shares of Direxion Daily PANW Bear 1X Shares in the 3rd quarter valued at about $458,000. Finally, Optiver Holding B.V. increased its stake in shares of Direxion Daily PANW Bear 1X Shares by 60.0% in the first quarter. Optiver Holding B.V. now owns 27,598 shares of the company’s stock valued at $735,000 after buying an additional 10,350 shares during the period.

Direxion Daily PANW Bear 1X Shares Stock Performance

Shares of PALD stock traded up $0.29 during mid-day trading on Friday, reaching $10.34. 95,163 shares of the stock traded hands, compared to its average volume of 29,517. The stock’s fifty day simple moving average is $11.57 and its two-hundred day simple moving average is $18.85. Direxion Daily PANW Bear 1X Shares has a 1-year low of $9.85 and a 1-year high of $30.87.

Direxion Daily PANW Bear 1X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.0347 dividend. This represents a $0.14 annualized dividend and a yield of 1.3%. The ex-dividend date was Tuesday, June 23rd.

About Direxion Daily PANW Bear 1X Shares

(Get Free Report)

Direxion Shares ETF Trust – Direxion Daily PANW Bear 1X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. It employs short strategy and uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.