Direxion Silver ETF (SHNY) May Face Short Squeeze

Published in Stocks and Investing on Thursday, July 10th 2025 at 12:15 GMT by WOPRAI
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In the past 20 years (since 2005 with the introduction of RegSho), short selling has come under scrutiny as millions of retail investors have discovered what we have been highlighting since early 2005. Market makers abuse the “market maker’s exemption” and short excessive amounts of shares in your stock without locating, borrowing, paying the rebate or the interest rate to borrow. They are required to cover on the same trading day, and our data proves they do not.

The chart below shows “Daily Short Volume” in Direxion Daily Silver Mnrs Bull 2X ETF (SHNY), and includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales. We consolidate the tape of all 14 US stock exchanges and purchase the “sell short” trade identifier data directly from the exchanges on a daily basis. This complete view of the trading in your stock shows a vastly different picture than “Total Short Interest”, which only includes non-exempt short sales that have not been covered by the twice per month reporting date. Unfortunately, this misses the majority of the short selling.

This indicates that a Short Squeeze may be starting in shares of Direxion Daily Silver Mnrs Bull 2X ETF at $70.563, after crossing above the $70.429 Trigger Price. This could signal a buying opportunity, given the right market conditions.

You can find the full report at [ https://www.woprai.com/ ]

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-07-09	12,304	38,024	32.36	69.98	861,034
2025-07-08	16,916	36,910	45.83	69.71	1,179,214
2025-07-07	12,474	34,573	36.08	71.04	886,153
2025-07-03	40,376	60,532	66.7	71.56	2,889,307
2025-07-02	17,999	44,584	40.37	72.62	1,307,087
2025-07-01	29,820	79,437	37.54	72.7	2,167,914
2025-06-30	20,869	58,893	35.44	69.17	1,443,509
2025-06-27	53,684	113,704	47.21	67.97	3,648,901
2025-06-26	24,949	58,191	42.87	71.67	1,788,095
2025-06-25	30,742	50,378	61.02	71.95	2,211,887
2025-06-24	27,105	70,288	38.56	70.66	1,915,239
2025-06-23	22,787	46,467	49.04	75.79	1,727,027
2025-06-20	21,770	43,311	50.26	74.78	1,627,961
2025-06-18	17,045	47,166	36.14	75.9	1,293,716
2025-06-17	17,960	56,509	31.78	76.29	1,370,168
2025-06-16	45,574	108,006	42.2	76.99	3,508,742
2025-06-13	35,315	91,041	38.79	79.74	2,816,018
2025-06-12	11,631	64,791	17.95	76.6	890,935
2025-06-11	10,910	40,206	27.14	73.48	801,667
2025-06-10	18,869	101,390	18.61	72.65	1,370,833
2025-06-09	20,481	54,694	37.45	72.55	1,485,897
2025-06-06	85,948	147,954	58.09	72.92	6,267,328
2025-06-05	121,134	167,507	72.32	75.32	9,123,813
2025-06-04	36,619	90,434	40.49	76	2,783,044
2025-06-03	91,440	151,498	60.36	74.47	6,809,537
2025-06-02	60,199	122,016	49.34	76.25	4,590,174
2025-05-30	97,503	153,612	63.47	70.85	6,908,088
2025-05-29	44,744	100,534	44.51	72.8	3,257,363
2025-05-28	60,806	146,330	41.55	71.67	4,357,966
2025-05-27	120,688	166,174	72.63	71.95	8,683,502
2025-05-23	129,665	232,856	55.68	75.92	9,844,167
2025-05-22	62,087	130,080	47.73	71.83	4,459,709
2025-05-21	46,812	98,565	47.49	72.93	3,413,999
2025-05-20	83,295	175,542	47.45	70.94	5,908,947
2025-05-19	62,743	128,085	48.99	68	4,266,524
2025-05-16	80,597	127,968	62.98	65.29	5,262,178
2025-05-15	62,851	136,353	46.09	66.93	4,206,617

Total	4,334,589	8,416,634	51.5	70.43	305,275,092

* Totals include all data records back to 2025-03-06 00:00:00, data set is truncated for viewing.