Short Interest in Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Increases By 953.4%

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAAGet Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 57,715 shares, an increase of 953.4% from the April 30th total of 5,479 shares. Based on an average trading volume of 96,090 shares, the days-to-cover ratio is currently 0.6 days. Currently, 4.6% of the company’s stock are short sold.

Direxion Daily Uranium Industry Bull 2X Shares Trading Down 0.3%

NYSEARCA:URAA traded down $0.10 on Friday, hitting $35.02. 56,615 shares of the company’s stock traded hands, compared to its average volume of 119,100. Direxion Daily Uranium Industry Bull 2X Shares has a 1 year low of $19.89 and a 1 year high of $63.13. The firm has a 50-day moving average price of $37.89 and a 200-day moving average price of $39.65. The company has a market cap of $43.78 million, a PE ratio of 26.93 and a beta of 4.21.

Institutional Trading of Direxion Daily Uranium Industry Bull 2X Shares

A hedge fund recently bought a new stake in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC purchased a new position in Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAAFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned approximately 3.45% of Direxion Daily Uranium Industry Bull 2X Shares at the end of the most recent reporting period.

About Direxion Daily Uranium Industry Bull 2X Shares

(Get Free Report)

The Direxion Daily Uranium Industry Bull 2X Shares (URAA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed firms focused on uranium and nuclear energy. URAA was launched on Jun 26, 2024 and is issued by Direxion.

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