Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU) Short Interest Down 60.5% in July

Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 79,641 shares, a drop of 60.5% from the July 15th total of 201,856 shares. Approximately 7.1% of the company’s stock are short sold. Based on an average daily trading volume, of 115,504 shares, the short-interest ratio is currently 0.7 days.

Direxion Daily HOOD Bull 2X ETF Price Performance

Direxion Daily HOOD Bull 2X ETF stock traded down $0.80 during mid-day trading on Friday, hitting $10.58. 105,055 shares of the company were exchanged, compared to its average volume of 175,078. The business has a fifty day moving average of $12.21. Direxion Daily HOOD Bull 2X ETF has a 1-year low of $5.98 and a 1-year high of $35.58.

Direxion Daily HOOD Bull 2X ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.0578 per share. This represents a $0.23 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, June 23rd.