Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Short Interest Update

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONXGet Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 138,310 shares, a growth of 66.5% from the July 30th total of 83,050 shares. Based on an average daily volume of 100,850 shares, the short-interest ratio is currently 1.4 days. Approximately 5.3% of the company’s stock are short sold.

Institutional Investors Weigh In On Direxion Daily COIN Bull 2X ETF

An institutional investor recently bought a new stake in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily COIN Bull 2X ETF (NASDAQ:CONXFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned approximately 0.12% of Direxion Daily COIN Bull 2X ETF as of its most recent filing with the SEC. 8.97% of the stock is currently owned by institutional investors.

Direxion Daily COIN Bull 2X ETF Trading Down 12.0%

CONX stock opened at $6.69 on Wednesday. The company has a 50 day moving average of $6.00 and a two-hundred day moving average of $8.06. Direxion Daily COIN Bull 2X ETF has a 12-month low of $4.34 and a 12-month high of $28.34.

Direxion Daily COIN Bull 2X ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.0317 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.13 dividend on an annualized basis and a yield of 1.9%.

About Direxion Daily COIN Bull 2X ETF

(Get Free Report)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.

See Also

Receive News & Ratings for Direxion Daily COIN Bull 2X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily COIN Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.