Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Short Interest Update

Posted by Joseph McCarthy on Dec 30th, 2024

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 285,300 shares, a decline of 25.8% from the November 30th total of 384,300 shares. Based on an average daily trading volume, of 500,100 shares, the days-to-cover ratio is presently 0.6 days.

Direxion Daily AAPL Bull 2X Shares Trading Down 3.6 %

Shares of NASDAQ AAPU traded down $1.40 during mid-day trading on Monday, reaching $37.90. The company had a trading volume of 117,369 shares, compared to its average volume of 593,023. Direxion Daily AAPL Bull 2X Shares has a 1-year low of $20.48 and a 1-year high of $43.10. The stock has a market cap of $105.36 million, a PE ratio of 23.89 and a beta of -1.95. The company has a 50-day moving average price of $37.67 and a two-hundred day moving average price of $36.35.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.2953 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Trading of Direxion Daily AAPL Bull 2X Shares

Institutional investors have recently made changes to their positions in the stock. Hollencrest Capital Management acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter worth $152,000. Virtu Financial LLC bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd quarter valued at approximately $1,799,000. Finally, Flow Traders U.S. LLC acquired a new stake in Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth approximately $1,976,000.

Direxion Daily AAPL Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.