Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) Short Interest Update

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 3,408 shares, a decline of 56.2% from the November 30th total of 7,775 shares. Based on an average daily volume of 11,946 shares, the short-interest ratio is currently 0.3 days. Approximately 2.8% of the company’s stock are short sold. Approximately 2.8% of the company’s stock are short sold. Based on an average daily volume of 11,946 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Direxion Daily XOM Bull 2X Shares stock. Optiver Holding B.V. grew its position in shares of Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) by 107.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,747 shares of the company’s stock after buying an additional 8,657 shares during the quarter. Optiver Holding B.V. owned approximately 12.88% of Direxion Daily XOM Bull 2X Shares worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Direxion Daily XOM Bull 2X Shares Stock Down 0.2%

XOMX stock opened at $28.41 on Friday. The company has a 50 day moving average of $27.60 and a two-hundred day moving average of $26.39. The company has a market cap of $3.41 million, a price-to-earnings ratio of 12.94 and a beta of 3.43. Direxion Daily XOM Bull 2X Shares has a 12-month low of $22.13 and a 12-month high of $29.47.

Direxion Daily XOM Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd will be given a dividend of $0.186 per share. The ex-dividend date of this dividend is Tuesday, December 23rd. This represents a $0.74 dividend on an annualized basis and a yield of 2.6%.

Direxion Daily XOM Bull 2X Shares Company Profile

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.