Short Interest in Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Rises By 3,712.9%

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 64,056 shares, an increase of 3,712.9% from the June 30th total of 1,680 shares. Based on an average daily volume of 61,823 shares, the short-interest ratio is presently 1.0 days. Currently, 4.6% of the company’s stock are short sold.

Direxion Daily Uranium Industry Bull 2X Shares Stock Performance

Shares of Direxion Daily Uranium Industry Bull 2X Shares stock traded down $1.49 during trading on Friday, hitting $21.09. 34,294 shares of the stock traded hands, compared to its average volume of 105,471. The stock has a market cap of $29.53 million, a P/E ratio of 26.93 and a beta of 3.88. The company has a fifty day moving average price of $27.97 and a two-hundred day moving average price of $37.45. Direxion Daily Uranium Industry Bull 2X Shares has a twelve month low of $19.10 and a twelve month high of $63.13.

Institutional Trading of Direxion Daily Uranium Industry Bull 2X Shares

An institutional investor recently bought a new stake in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC bought a new position in Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned approximately 3.45% of Direxion Daily Uranium Industry Bull 2X Shares as of its most recent SEC filing.

About Direxion Daily Uranium Industry Bull 2X Shares

The Direxion Daily Uranium Industry Bull 2X Shares (URAA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed firms focused on uranium and nuclear energy. URAA was launched on Jun 26, 2024 and is issued by Direxion.