Brant Point Investment Management LLC Sells 18,794 Shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares $GUSH

Brant Point Investment Management LLC cut its holdings in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) by 20.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 74,569 shares of the company’s stock after selling 18,794 shares during the period. Brant Point Investment Management LLC’s holdings in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares were worth $1,633,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GUSH. SBI Securities Co. Ltd. lifted its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 40.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 3,264 shares of the company’s stock valued at $71,000 after acquiring an additional 933 shares in the last quarter. Group One Trading LLC lifted its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 67.7% in the 3rd quarter. Group One Trading LLC now owns 7,389 shares of the company’s stock valued at $182,000 after acquiring an additional 2,982 shares in the last quarter. Focus Partners Wealth bought a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 1st quarter valued at approximately $547,000. Tower Research Capital LLC TRC lifted its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 38.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 41,308 shares of the company’s stock valued at $940,000 after acquiring an additional 11,519 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 84.3% during the 2nd quarter. Squarepoint Ops LLC now owns 57,348 shares of the company’s stock valued at $1,305,000 after buying an additional 26,233 shares during the last quarter.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Trading Up 2.1%

Shares of GUSH opened at $35.18 on Friday. The firm has a market cap of $255.41 million, a PE ratio of 8.13 and a beta of 1.02. The firm has a fifty day simple moving average of $37.76 and a two-hundred day simple moving average of $31.82. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 1-year low of $20.81 and a 1-year high of $48.66.

More Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares News

Here are the key news stories impacting Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares this week:

• Positive Sentiment: Escalating U.S.-Iran tensions and fears of supply disruption in the Strait of Hormuz have kept crude prices supported, which is generally bullish for oil producer stocks and GUSH. Oil Rises Amid Escalating Supply-Disruption Fears
• Positive Sentiment: Reports that Canada-related outages and bad weather could tighten inventories at a key U.S. storage hub add to the short-term supply-tightness narrative, another tailwind for energy equities. Canada oil outages and bad weather to tighten inventories at key US storage hub
• Positive Sentiment: Some market commentary still points to breakout potential in Brent and WTI if geopolitical risks worsen, which keeps a bullish bid under oil-linked ETFs like GUSH. Oil Price Forecast: Brent and WTI Eye Breakout as Strait of Hormuz Risk Grows
• Neutral Sentiment: CME plans to offer 24/7 gold and oil trading, a structural market change that could improve liquidity and trading access over time, but it is not an immediate earnings driver for GUSH. CME to offer 24/7 gold and oil trading
• Neutral Sentiment: Several reports note that oil markets remain extremely volatile and hard to price, with liquidity leaving the market and demand views shifting, which adds uncertainty rather than a clear directional catalyst. Tired of chaos, investors retreat from oil market at record pace
• Negative Sentiment: Goldman Sachs and OPEC both lowered longer-term oil demand outlooks, and Reuters reported OPEC again cut its 2026 demand-growth forecast, which could pressure crude prices and weigh on GUSH if sentiment turns toward oversupply. OPEC again lowers 2026 global oil demand growth forecast
• Negative Sentiment: News that some lost Gulf oil exports may be smaller than feared, plus reports of hopes for a U.S.-Iran deal, could ease supply fears and reduce the upside for oil prices. Lost Gulf oil exports far smaller than thought, traders and shippers say

About Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.