Direxion Daily AVGO Bear 1X ETF (NASDAQ:AVS) Stock Short Interest Report for September

Direxion Daily AVGO Bear 1X ETF (NASDAQ:AVS) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 90,490 shares, a decrease of 49.5% from the September 15th total of 179,033 shares. Currently, 8.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,100,253 shares, the short-interest ratio is currently 0.0 days.

Direxion Daily AVGO Bear 1X ETF Stock Performance

NASDAQ:AVS traded up $0.06 during mid-day trading on Thursday, reaching $8.39. The stock had a trading volume of 11,050,915 shares, compared to its average volume of 6,939,129. Direxion Daily AVGO Bear 1X ETF has a 12 month low of $6.25 and a 12 month high of $10.95. The stock has a 50-day simple moving average of $7.94 and a two-hundred day simple moving average of $7.89.

Direxion Daily AVGO Bear 1X ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were paid a $0.0430 dividend. This represents a $0.17 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Tuesday, September 22nd. This is a positive change from Direxion Daily AVGO Bear 1X ETF’s previous quarterly dividend of $0.0358.

Institutional Trading of Direxion Daily AVGO Bear 1X ETF

Institutional investors and hedge funds have recently modified their holdings of the business. AFG Fiduciary Services Limited Partnership raised its stake in Direxion Daily AVGO Bear 1X ETF by 85.6% during the second quarter. AFG Fiduciary Services Limited Partnership now owns 20,362 shares of the company’s stock worth $168,000 after acquiring an additional 9,391 shares in the last quarter. Hamilton Wealth LLC acquired a new stake in shares of Direxion Daily AVGO Bear 1X ETF in the 1st quarter valued at approximately $205,000. Finally, Optiver Holding B.V. boosted its stake in shares of Direxion Daily AVGO Bear 1X ETF by 123.0% in the 1st quarter. Optiver Holding B.V. now owns 4,668 shares of the company’s stock valued at $48,000 after purchasing an additional 2,575 shares in the last quarter.

Direxion Daily AVGO Bear 1X ETF Company Profile

The Direxion Daily AVGO Bear 1X Shares (AVS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.