Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 937,133 shares, a growth of 101.3% from the July 30th total of 465,572 shares. Based on an average trading volume of 2,285,952 shares, the short-interest ratio is presently 0.4 days. Approximately 24.5% of the shares of the stock are short sold.
Direxion Daily AAPL Bull 2X Shares Stock Performance
AAPU traded up $1.29 during trading on Friday, reaching $41.39. The stock had a trading volume of 1,706,197 shares, compared to its average volume of 2,160,157. The stock has a market cap of $158.52 million, a PE ratio of 25.83 and a beta of 1.75. Direxion Daily AAPL Bull 2X Shares has a one year low of $25.89 and a one year high of $48.89. The business has a 50-day moving average of $40.23 and a 200-day moving average of $35.60.
Direxion Daily AAPL Bull 2X Shares Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.218 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.87 annualized dividend and a dividend yield of 2.1%.
Hedge Funds Weigh In On Direxion Daily AAPL Bull 2X Shares
About Direxion Daily AAPL Bull 2X Shares
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.
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