Direxion Daily Utilities Bull 3X ETF (NYSEARCA:UTSL) Stock Short Interest Report for October

Direxion Daily Utilities Bull 3X ETF (NYSEARCA:UTSL) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 81,213 shares, a decrease of 60.6% from the September 30th total of 206,167 shares. Based on an average daily trading volume, of 334,751 shares, the short-interest ratio is presently 0.2 days. Approximately 4.1% of the company’s stock are short sold.

Direxion Daily Utilities Bull 3X ETF Stock Performance

Shares of NYSEARCA:UTSL traded up $0.81 during trading hours on Friday, reaching $38.26. The stock had a trading volume of 225,343 shares, compared to its average volume of 151,380. The stock has a market capitalization of $70.78 million, a price-to-earnings ratio of 21.39 and a beta of 1.64. The firm’s 50 day moving average is $34.53 and its 200-day moving average is $42.96. Direxion Daily Utilities Bull 3X ETF has a 1 year low of $28.21 and a 1 year high of $55.21.

Direxion Daily Utilities Bull 3X ETF Company Profile

The Direxion Daily Utilities Bull 3X Shares (UTSL) is an exchange-traded fund that is based on the Utilities Select Sector index. The fund provides daily 3x exposure to a market-cap-weighted index of utility companies in the US. UTSL was launched on May 3, 2017 and is managed by Direxion.