Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Sees Large Decrease in Short Interest

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 49,804 shares, a decrease of 33.0% from the January 15th total of 74,300 shares. Based on an average trading volume of 265,004 shares, the short-interest ratio is currently 0.2 days. Approximately 3.2% of the company’s stock are sold short. Approximately 3.2% of the company’s stock are sold short. Based on an average trading volume of 265,004 shares, the short-interest ratio is currently 0.2 days.

Direxion Daily Uranium Industry Bull 2X Shares Price Performance

Direxion Daily Uranium Industry Bull 2X Shares stock traded down $0.05 during mid-day trading on Friday, reaching $42.87. The stock had a trading volume of 80,906 shares, compared to its average volume of 197,320. The company has a market capitalization of $66.45 million, a price-to-earnings ratio of 26.93 and a beta of 4.93. The company has a 50-day moving average price of $41.54 and a two-hundred day moving average price of $38.99. Direxion Daily Uranium Industry Bull 2X Shares has a one year low of $8.73 and a one year high of $63.13.

Direxion Daily Uranium Industry Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.1081 per share. This represents a $0.43 annualized dividend and a yield of 1.0%. The ex-dividend date was Wednesday, December 31st.

Institutional Investors Weigh In On 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 bought a new stake in shares of Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned 3.45% of Direxion Daily Uranium Industry Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission.

About Direxion Daily Uranium Industry Bull 2X Shares

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.