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

Direxion Daily Utilities Bull 3X ETF (NYSEARCA:UTSL) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 10,928 shares, a decrease of 86.5% from the October 15th total of 81,213 shares. Based on an average daily trading volume, of 216,392 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.6% of the company’s shares are short sold.

Direxion Daily Utilities Bull 3X ETF Price Performance

NYSEARCA UTSL traded down $0.10 during trading hours on Thursday, reaching $39.04. The company’s stock had a trading volume of 153,366 shares, compared to its average volume of 152,345. The firm has a fifty day simple moving average of $34.64 and a 200-day simple moving average of $42.85. Direxion Daily Utilities Bull 3X ETF has a 52 week low of $28.21 and a 52 week high of $55.21. The stock has a market cap of $66.37 million, a P/E ratio of 21.39 and a beta of 1.57.

About Direxion Daily Utilities Bull 3X ETF

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.