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) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 12,319 shares, an increase of 74.5% from the June 30th total of 7,058 shares. Based on an average daily trading volume, of 14,964 shares, the short-interest ratio is currently 0.8 days. Approximately 1.2% of the company’s shares are short sold.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Trading Up 7.1%

Shares of NYSEARCA:UBOT traded up $1.43 on Thursday, reaching $21.68. 12,500 shares of the company traded hands, compared to its average volume of 22,186. The stock has a market capitalization of $23.20 million, a P/E ratio of 31.45 and a beta of 2.88. The business’s 50-day simple moving average is $25.36 and its 200 day simple moving average is $25.95. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 52 week low of $19.12 and a 52 week 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.