Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Short Interest Down 61.4% in June

Posted by Tristan Rich on Jun 28th, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 51,324 shares, a drop of 61.4% from the May 31st total of 132,819 shares. Based on an average daily volume of 91,379 shares, the short-interest ratio is presently 0.6 days. Currently, 2.0% of the shares of the stock are short sold.

Direxion Daily COIN Bull 2X ETF Stock Up 9.3%

Shares of Direxion Daily COIN Bull 2X ETF stock opened at $5.38 on Friday. The firm’s 50 day moving average is $8.66 and its 200 day moving average is $12.24. Direxion Daily COIN Bull 2X ETF has a 1 year low of $4.73 and a 1 year high of $28.34.

Direxion Daily COIN Bull 2X ETF Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be given a $0.0317 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $0.13 dividend on an annualized basis and a yield of 2.4%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned about 0.12% of Direxion Daily COIN Bull 2X ETF as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 8.97% of the company’s stock.

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.