Direxion Daily MU Bear 1X ETF (NASDAQ:MUD) Stock Short Interest Report for October

Direxion Daily MU Bear 1X ETF (NASDAQ:MUD) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 585,195 shares, a growth of 281.5% from the September 30th total of 153,380 shares. Based on an average trading volume of 7,505,196 shares, the days-to-cover ratio is currently 0.1 days. Currently, 15.1% of the shares of the stock are short sold.

Direxion Daily MU Bear 1X ETF Stock Up 4.9%

Shares of NASDAQ:MUD traded up $0.47 on Thursday, hitting $10.14. The company had a trading volume of 6,306,533 shares, compared to its average volume of 7,451,998. Direxion Daily MU Bear 1X ETF has a 52-week low of $8.73 and a 52-week high of $90.06. The business has a 50 day moving average of $10.02 and a 200 day moving average of $21.81.

Direxion Daily MU Bear 1X ETF Company Profile

The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.