Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) Short Interest Down 39.1% in June

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMXGet Free Report) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 13,386 shares, a decrease of 39.1% from the June 15th total of 21,996 shares. Based on an average daily volume of 13,387 shares, the days-to-cover ratio is presently 1.0 days. Currently, 6.1% of the company’s shares are sold short.

Direxion Daily XOM Bull 2X Shares Trading Down 0.4%

Direxion Daily XOM Bull 2X Shares stock opened at $38.67 on Thursday. The firm has a market capitalization of $7.73 million, a P/E ratio of 12.94 and a beta of -2.16. The stock has a fifty day moving average price of $40.03 and a 200 day moving average price of $41.42. Direxion Daily XOM Bull 2X Shares has a 52 week low of $23.00 and a 52 week high of $60.28.

Direxion Daily XOM Bull 2X Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.2157 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.2%.

Institutional Investors Weigh In On Direxion Daily XOM Bull 2X Shares

A hedge fund recently bought a new position in Direxion Daily XOM Bull 2X Shares stock. Bank of America Corp DE purchased a new position in shares of Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMXFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $609,000. Bank of America Corp DE owned about 16.67% of Direxion Daily XOM Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Direxion Daily XOM Bull 2X Shares Company Profile

(Get Free Report)

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.

Further Reading

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