Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) Stock Short Interest Climbs 691.0%

Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 4,746 shares, a growth of 691.0% from the August 31st total of 600 shares. Based on an average daily trading volume, of 16,414 shares, the short-interest ratio is presently 0.3 days. Approximately 3.2% of the shares of the stock are sold short.

Direxion Daily XOM Bull 2X ETF Stock Performance

NASDAQ XOMX traded up $0.44 during trading hours on Thursday, reaching $47.29. The company’s stock had a trading volume of 14,083 shares, compared to its average volume of 34,969. The company’s 50-day moving average is $46.41 and its two-hundred day moving average is $44.36. Direxion Daily XOM Bull 2X ETF has a fifty-two week low of $24.92 and a fifty-two week high of $60.28. The stock has a market cap of $7.09 million, a PE ratio of 12.94 and a beta of -2.38.

Direxion Daily XOM Bull 2X ETF Company Profile

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.