Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) Short Interest Update

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 26,050 shares, a decrease of 40.8% from the July 30th total of 43,973 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average daily volume of 15,621 shares, the days-to-cover ratio is currently 1.7 days.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Trading Down 4.2%

Shares of NYSEARCA UBOT traded down $0.96 during trading on Tuesday, reaching $21.77. 13,321 shares of the company traded hands, compared to its average volume of 21,190. The stock has a market cap of $23.29 million, a P/E ratio of 31.45 and a beta of 2.90. The firm’s fifty day simple moving average is $23.44 and its 200 day simple moving average is $25.33. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 12-month low of $19.12 and a 12-month high of $32.08.

About Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares

The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund offers 2x daily leveraged exposure to a market-cap-selected and -weighted index of robotics and artificial intelligence companies from developed countries. UBOT was launched on Apr 19, 2018 and is managed by Direxion.