Direxion Daily AI and Big Data Bear 2X Shares (NYSEARCA:AIBD) Short Interest Update

Direxion Daily AI and Big Data Bear 2X Shares (NYSEARCA:AIBD) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 5,329 shares, an increase of 21.9% from the January 15th total of 4,373 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 50,317 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 50,317 shares, the short-interest ratio is currently 0.1 days. Currently, 0.7% of the shares of the company are sold short.

Direxion Daily AI and Big Data Bear 2X Shares Trading Down 2.3%

Shares of NYSEARCA:AIBD traded down $0.22 during trading on Wednesday, hitting $8.95. 20,009 shares of the company were exchanged, compared to its average volume of 69,920. Direxion Daily AI and Big Data Bear 2X Shares has a 52-week low of $6.19 and a 52-week high of $25.17. The stock has a 50 day moving average of $7.88 and a 200 day moving average of $7.82.

Direxion Daily AI and Big Data Bear 2X Shares Company Profile

The Direxion Daily AI and Big Data Bear 2X Shares (AIBD) is an exchange-traded fund that is based on the Solactive US AI & Big Data index. The fund tracks -2x the daily price movements of a concentrated index of US companies involved in artificial intelligence (AI) applications and big data. Stocks are weighted based on their relevance to the business fields. AIBD was launched on May 15, 2024 and is issued by Direxion.