Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Short Interest Update

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 435,300 shares, a growth of 26.0% from the January 31st total of 345,400 shares. Based on an average daily trading volume, of 1,101,000 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Direxion Daily AAPL Bull 2X Shares

Institutional investors and hedge funds have recently modified their holdings of the stock. PayPay Securities Corp purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the fourth quarter worth about $31,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily AAPL Bull 2X Shares during the 4th quarter valued at about $125,000. Hollencrest Capital Management purchased a new stake in Direxion Daily AAPL Bull 2X Shares during the 3rd quarter valued at about $152,000. Client First Investment Management LLC purchased a new stake in Direxion Daily AAPL Bull 2X Shares during the 4th quarter valued at about $363,000. Finally, JPMorgan Chase & Co. grew its stake in Direxion Daily AAPL Bull 2X Shares by 70.3% during the 4th quarter. JPMorgan Chase & Co. now owns 10,091 shares of the company’s stock valued at $380,000 after acquiring an additional 4,166 shares in the last quarter.

Direxion Daily AAPL Bull 2X Shares Price Performance

NASDAQ AAPU opened at $32.29 on Friday. The company has a fifty day moving average of $33.52 and a 200 day moving average of $35.75. The company has a market capitalization of $152.41 million, a PE ratio of 39.09 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 1 year low of $20.48 and a 1 year high of $43.10.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2953 per share. The ex-dividend date was Monday, December 23rd.

Direxion Daily AAPL Bull 2X Shares Company Profile

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.