Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) Short Interest Update

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 865,762 shares, a drop of 15.8% from the February 12th total of 1,028,742 shares. Based on an average daily volume of 1,053,390 shares, the days-to-cover ratio is presently 0.8 days. Currently, 9.0% of the shares of the company are short sold. Currently, 9.0% of the shares of the company are short sold. Based on an average daily volume of 1,053,390 shares, the days-to-cover ratio is presently 0.8 days.

Trending Headlines about Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares

Here are the key news stories impacting Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares this week:

• Positive Sentiment: Middle East conflict is threatening export facilities and keeping global supply tight, supporting higher oil prices and generally bullish for leveraged E&P exposure like GUSH. Oil extends gains as Middle East conflict threatens export facilities
• Positive Sentiment: Brent has climbed above $100 (reported ~ $105.88) as Strait of Hormuz disruptions continue, a direct tailwind for oil producers and for GUSH’s leveraged exposure. Oil price climbs as Iran war disrupts Gulf shipping
• Positive Sentiment: WTI volatility around key pivots as Hormuz risk drives swings — heightened volatility can amplify intraday moves in a 2x ETF like GUSH. WTI tests $98.11 pivot as Strait risk drives volatility
• Neutral Sentiment: US stocks opened higher even as oil retreated slightly from an intraday peak — a mixed market backdrop that can limit clear directional flows into leveraged energy ETFs. US stocks rise as oil slips after $100
• Neutral Sentiment: Treasury says it is not intervening in oil commodities markets, reducing the chance of policy shocks but leaving prices to market/geopolitical forces — neutral to slightly supportive for energy names. Bessent says Treasury is not intervening
• Neutral Sentiment: Markets are trading cautiously ahead of a major Fed week; interest‑rate/newsflow risk can amplify or blunt energy moves and thus affect GUSH performance. US stock futures edge higher as Fed week begins
• Negative Sentiment: Higher sustained oil prices could accelerate EV adoption and policy shifts that damage long‑term oil demand; that structural risk would be a multi‑year headwind for oil‑focused securities. With oil prices above $100, are EVs set to gain market share?
• Negative Sentiment: Some same‑day headlines show oil pulling back after spikes (short‑term profit taking/volatility); such pullbacks can hurt a 2x long ETF on days when crude reverses. Price pressure on gold, silver as oil down

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GUSH. SBI Securities Co. Ltd. raised its stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 40.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 3,264 shares of the company’s stock valued at $71,000 after purchasing an additional 933 shares in the last quarter. Group One Trading LLC increased its stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 67.7% during the 3rd quarter. Group One Trading LLC now owns 7,389 shares of the company’s stock valued at $182,000 after buying an additional 2,982 shares during the period. Focus Partners Wealth acquired a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the 1st quarter valued at about $547,000. Squarepoint Ops LLC raised its position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 80.7% during the 4th quarter. Squarepoint Ops LLC now owns 30,973 shares of the company’s stock worth $678,000 after buying an additional 13,834 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 38.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 41,308 shares of the company’s stock worth $940,000 after buying an additional 11,519 shares in the last quarter.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Price Performance

Shares of NYSEARCA GUSH traded down $0.03 during midday trading on Monday, hitting $37.70. 1,225,519 shares of the company’s stock were exchanged, compared to its average volume of 1,619,903. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a twelve month low of $14.70 and a twelve month high of $38.32. The firm has a market cap of $364.18 million, a P/E ratio of 8.13 and a beta of 1.92. The stock’s 50 day moving average price is $28.24 and its 200-day moving average price is $25.22.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Company Profile

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.