Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Sees Significant Increase in Short Interest

Posted by Sarita Garza on Aug 31st, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 138,310 shares, a growth of 66.5% from the July 30th total of 83,050 shares. Based on an average daily volume of 100,850 shares, the days-to-cover ratio is currently 1.4 days. Approximately 5.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Direxion Daily COIN Bull 2X ETF

An institutional investor recently bought a new stake in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned 0.12% of Direxion Daily COIN Bull 2X ETF at the end of the most recent quarter. Institutional investors own 8.97% of the company’s stock.

Direxion Daily COIN Bull 2X ETF Stock Performance

NASDAQ CONX traded up $0.77 during trading on Monday, reaching $7.67. The company’s stock had a trading volume of 104,599 shares, compared to its average volume of 85,540. Direxion Daily COIN Bull 2X ETF has a 12 month low of $4.34 and a 12 month high of $28.34. The firm has a 50 day moving average price of $5.97 and a 200 day moving average price of $8.09.

Direxion Daily COIN 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 issued a dividend of $0.0317 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.13 annualized dividend and a dividend yield of 1.7%.

Direxion Daily COIN Bull 2X ETF Company Profile

(Get Free Report)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.