Direxion Daily Pharmaceutical & Medical Bull 3X ETF (NYSEARCA:PILL) Shares Shorted: Short Interest Down 52.0% in September

Posted by on Oct 16th, 2026

Direxion Daily Pharmaceutical & Medical Bull 3X ETF (NYSEARCA:PILL – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 17,878 shares, a decline of 52.0% from the September 15th total of 37,247 shares. Based on an average trading volume of 45,224 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.6% of the company’s shares are sold short.

Direxion Daily Pharmaceutical & Medical Bull 3X ETF Stock Down 6.6%

PILL stock traded down $0.94 during trading on Friday, hitting $13.38. The company had a trading volume of 46,357 shares, compared to its average volume of 80,153. The firm has a market capitalization of $14.71 million, a P/E ratio of 10.33 and a beta of 1.79. The company has a 50 day simple moving average of $18.72 and a 200-day simple moving average of $16.04. Direxion Daily Pharmaceutical & Medical Bull 3X ETF has a 52-week low of $7.74 and a 52-week high of $24.15.

About Direxion Daily Pharmaceutical & Medical Bull 3X ETF

(Get Free Report)

The Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL) is an exchange-traded fund that is based on the S&P Pharmaceuticals Select Industry index. The fund provides 3x daily exposure to a modified equal-weighted index of pharmaceutical companies in the US. PILL was launched on Nov 15, 2017 and is managed by Direxion.

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