Direxion Daily Industrials Bull 3X ETF (NYSEARCA:DUSL) Short Interest Update

Direxion Daily Industrials Bull 3X ETF (NYSEARCA:DUSL) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 11,780 shares, a drop of 50.5% from the August 15th total of 23,788 shares. Currently, 2.0% of the company’s stock are short sold. Based on an average daily volume of 10,753 shares, the short-interest ratio is presently 1.1 days.

Direxion Daily Industrials Bull 3X ETF Trading Down 0.4%

DUSL traded down $0.28 on Wednesday, hitting $76.24. 11,662 shares of the company were exchanged, compared to its average volume of 20,226. Direxion Daily Industrials Bull 3X ETF has a twelve month low of $64.94 and a twelve month high of $106.88. The company has a market cap of $4.57 million, a price-to-earnings ratio of 26.16 and a beta of 2.97. The firm has a 50-day moving average price of $93.28 and a two-hundred day moving average price of $89.61.

About Direxion Daily Industrials Bull 3X ETF

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.