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

Posted by Lorenzo Tanos on Jan 30th, 2025

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Get Free Report) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 149,100 shares, a decline of 47.7% from the December 31st total of 285,300 shares. Based on an average daily trading volume, of 482,400 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Direxion Daily AAPL Bull 2X Shares

Hedge funds have recently bought and sold shares of the business. Hollencrest Capital Management acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd quarter valued at approximately $152,000. Client First Investment Management LLC acquired a new stake in Direxion Daily AAPL Bull 2X Shares in the fourth quarter valued at $363,000. Virtu Financial LLC bought a new position in Direxion Daily AAPL Bull 2X Shares during the 3rd quarter valued at $1,799,000. Finally, Flow Traders U.S. LLC bought a new position in Direxion Daily AAPL Bull 2X Shares during the 3rd quarter valued at $1,976,000.

Direxion Daily AAPL Bull 2X Shares Price Performance

Shares of AAPU stock opened at $33.85 on Thursday. The company’s fifty day moving average price is $36.56 and its two-hundred day moving average price is $36.11. The firm has a market capitalization of $165.87 million, a P/E ratio of 23.89 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 12 month low of $20.48 and a 12 month high of $43.10.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2953 dividend. The ex-dividend date was Monday, December 23rd.

About Direxion Daily AAPL Bull 2X Shares

(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.