Direxion Daily Crypto Industry Bull 2X Shares (NYSEARCA:LMBO) Short Interest Down 87.1% in February

Posted by Logan Wallace on Mar 11th, 2026

Direxion Daily Crypto Industry Bull 2X Shares (NYSEARCA:LMBO – Get Free Report) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 3,779 shares, a decline of 87.1% from the February 12th total of 29,221 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 13,335 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 13,335 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.3% of the company’s stock are short sold.

Direxion Daily Crypto Industry Bull 2X Shares Trading Up 1.8%

Shares of LMBO stock traded up $0.33 during midday trading on Wednesday, reaching $19.08. 6,162 shares of the stock were exchanged, compared to its average volume of 14,103. Direxion Daily Crypto Industry Bull 2X Shares has a 1 year low of $10.41 and a 1 year high of $48.40. The firm has a market cap of $5.34 million, a PE ratio of 32.27 and a beta of 5.61. The company’s 50 day moving average is $21.39 and its two-hundred day moving average is $28.29.

Direxion Daily Crypto Industry Bull 2X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were paid a $0.0027 dividend. This represents a $0.01 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, December 23rd.

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

A hedge fund recently bought a new stake in Direxion Daily Crypto Industry Bull 2X Shares stock. Simplex Trading LLC purchased a new position in Direxion Daily Crypto Industry Bull 2X Shares (NYSEARCA:LMBO – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,518 shares of the company’s stock, valued at approximately $63,000. Simplex Trading LLC owned approximately 1.26% of Direxion Daily Crypto Industry Bull 2X Shares as of its most recent SEC filing.

Direxion Daily Crypto Industry Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily Crypto Industry Bull 2X Shares (LMBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks 2x the daily price movements of a market cap-weighted index of US companies involved in blockchain technology, NFT, decentralized finance, and digital asset mining hardware. LMBO was launched on Jul 17, 2024 and is issued by Direxion.