Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA – Get Free Report) was the recipient of a significant decline in short interest in 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 volume of 110,695 shares, the short-interest ratio is presently 0.1 days. Approximately 0.5% of the company’s stock are sold short.
Direxion Daily Uranium Industry Bull 2X Shares Stock Performance
Shares of NYSEARCA URAA traded down $0.31 during trading on Friday, hitting $25.54. 28,648 shares of the company traded hands, compared to its average volume of 113,627. The business’s fifty day moving average is $35.59 and its 200 day moving average is $38.91. Direxion Daily Uranium Industry Bull 2X Shares has a fifty-two week low of $24.01 and a fifty-two week high of $63.13. The firm has a market capitalization of $31.93 million, a price-to-earnings ratio of 26.93 and a beta of 3.69.
Institutional Trading of Direxion Daily Uranium Industry Bull 2X Shares
A hedge fund recently bought a new stake in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC purchased a new position in shares of Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned 3.45% of Direxion Daily Uranium Industry Bull 2X Shares as of its most recent filing with the SEC.
About Direxion Daily Uranium Industry Bull 2X Shares
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.
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