Direxion Daily Crypto Industry Bear 1X Shares (NYSEARCA:REKT) Short Interest Down 40.3% in March

Direxion Daily Crypto Industry Bear 1X Shares (NYSEARCA:REKT) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 19,433 shares, a drop of 40.3% from the February 26th total of 32,575 shares. Currently, 24.3% of the company’s stock are short sold. Based on an average trading volume of 12,149 shares, the days-to-cover ratio is presently 1.6 days.

Direxion Daily Crypto Industry Bear 1X Shares Trading Up 5.0%

NYSEARCA REKT traded up $0.95 on Friday, hitting $20.01. 10,126 shares of the stock were exchanged, compared to its average volume of 9,741. Direxion Daily Crypto Industry Bear 1X Shares has a fifty-two week low of $13.64 and a fifty-two week high of $33.27. The company has a 50-day moving average price of $18.33 and a 200-day moving average price of $17.13.

About Direxion Daily Crypto Industry Bear 1X Shares

The Direxion Daily Crypto Industry Bear 1X Shares (REKT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks -1x the daily price movements of a market cap-weighted index of US companies involved in blockchain technology, NFT, decentralized finance, and digital asset mining hardware. REKT was launched on Jul 17, 2024 and is issued by Direxion.