Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) Sees Large Increase in Short Interest

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 1,095,280 shares, an increase of 32.3% from the November 30th total of 828,129 shares. Approximately 11.0% of the company’s stock are sold short. Based on an average trading volume of 816,810 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 816,810 shares, the days-to-cover ratio is currently 1.3 days. Approximately 11.0% of the company’s stock are sold short.

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

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

• Positive Sentiment: Geopolitical tensions in the Middle East and elsewhere are supporting near-term oil prices, which benefits a 2x oil & gas E&P product like GUSH; futures edged higher as tensions outweighed inventory concerns. Oil News: Futures Edge Higher as Middle East Tensions Override Inventory Concerns
• Positive Sentiment: Escalation in U.S.–Venezuela tensions has lifted oil prices in recent sessions, providing direct upside pressure to energy-equity and leveraged oil ETFs. Oil Rises as U.S.-Venezuela Tensions Escalate
• Neutral Sentiment: Technical levels matter: analysts highlight a key resistance band around $59 for WTI and the 50‑day moving average (~$58.7). A decisive break above would fuel further upside for GUSH; failure leaves gains vulnerable. Crude Oil Price Forecast: Battle at $59.00 Resistance Intensifies
• Neutral Sentiment: Natural gas forecasts call for elevated prices into early 2026 (exports, tighter storage), which can buoy energy sector flows but may not move an oil-focused leveraged ETF as directly as crude moves. Natural Gas Price Forecast 2026: Is a Major Bull Run Ahead?
• Negative Sentiment: U.S. crude inventories unexpectedly rose (weekly data), a bearish fundamental that can cap rallies and pressure leveraged long oil products. U.S. Crude Oil Stockpiles Rose in Week Ended Dec. 19
• Negative Sentiment: Supply-side pressure: Saudi pricing moves and commentary suggest potential further discounts to Asian buyers and a broader oversupply risk as global output may outpace demand — a headwind for sustained oil gains. Saudi Arabia may lower February crude prices to Asia for a third month
• Negative Sentiment: Several analyses flag rising oversupply risks and intermittent pullbacks despite geopolitical flare‑ups, which can quickly reverse short-term gains in leveraged funds like GUSH. Oil and Natural Gas Technical Analysis: Oversupply Risks Rise as Key Support Levels Come Into Focus

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Stock Up 1.5%

GUSH stock traded up $0.34 during trading hours on Tuesday, hitting $22.32. The company’s stock had a trading volume of 800,967 shares, compared to its average volume of 1,035,964. The company has a market capitalization of $222.31 million, a PE ratio of 8.13 and a beta of 1.92. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 12 month low of $14.70 and a 12 month high of $33.98. The stock has a 50 day moving average price of $23.27 and a two-hundred day moving average price of $23.54.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Squarepoint Ops LLC boosted its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 84.3% during the second quarter. Squarepoint Ops LLC now owns 57,348 shares of the company’s stock worth $1,305,000 after purchasing an additional 26,233 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 1.5% in the third quarter. Tower Research Capital LLC TRC now owns 41,917 shares of the company’s stock worth $1,031,000 after buying an additional 609 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the 1st quarter worth $547,000. Finally, Group One Trading LLC boosted its holdings in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 67.7% during the 3rd quarter. Group One Trading LLC now owns 7,389 shares of the company’s stock worth $182,000 after buying an additional 2,982 shares during the period.

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

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.