Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) Stock Short Interest Climbs 691.0%

Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 4,746 shares, an increase of 691.0% from the August 31st total of 600 shares. Approximately 3.2% of the company’s stock are short sold. Based on an average trading volume of 16,414 shares, the days-to-cover ratio is currently 0.3 days.

Direxion Daily XOM Bull 2X ETF Stock Up 0.9%

Shares of XOMX opened at $47.29 on Friday. The company has a market cap of $7.09 million, a price-to-earnings ratio of 12.94 and a beta of -2.38. Direxion Daily XOM Bull 2X ETF has a twelve month low of $24.92 and a twelve month high of $60.28. The company has a 50 day moving average of $46.57 and a two-hundred day moving average of $44.37.

Direxion Daily XOM Bull 2X ETF Company Profile

(Get Free Report)

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.

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