Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Short Interest Update

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,982 shares, a decline of 88.3% from the May 31st total of 51,133 shares. Based on an average daily trading volume, of 110,695 shares, the short-interest ratio is presently 0.1 days. Approximately 0.5% of the company’s stock are short sold.

Direxion Daily Uranium Industry Bull 2X Shares Stock Down 1.5%

Shares of NYSEARCA URAA traded down $0.38 during trading hours on Friday, hitting $25.47. 37,801 shares of the stock were exchanged, compared to its average volume of 113,704. Direxion Daily Uranium Industry Bull 2X Shares has a 12 month low of $24.01 and a 12 month high of $63.13. The firm has a fifty day moving average price of $35.24 and a 200-day moving average price of $38.82. The company has a market cap of $31.84 million, a PE ratio of 26.93 and a beta of 3.69.

Hedge Funds Weigh In On Direxion Daily Uranium Industry Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC acquired a new position in Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned approximately 3.45% of Direxion Daily Uranium Industry Bull 2X Shares at the end of the most recent reporting period.

Direxion Daily Uranium Industry Bull 2X Shares Company Profile

The Direxion Daily Uranium Industry Bull 2X Shares (URAA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed firms focused on uranium and nuclear energy. URAA was launched on Jun 26, 2024 and is issued by Direxion.