Direxion Daily BRKB Bull 2X ETF (NASDAQ:BRKU) Stock Short Interest Declines 92.7%

Direxion Daily BRKB Bull 2X ETF (NASDAQ:BRKU – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 3,949 shares, a drop of 92.7% from the August 31st total of 54,135 shares. Based on an average daily trading volume, of 45,040 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Direxion Daily BRKB Bull 2X ETF Stock Performance

BRKU traded down $0.01 during midday trading on Friday, reaching $22.72. The company had a trading volume of 88,892 shares, compared to its average volume of 185,840. Direxion Daily BRKB Bull 2X ETF has a 1 year low of $20.25 and a 1 year high of $26.80. The business has a 50-day moving average of $23.18 and a two-hundred day moving average of $22.37.

Get Direxion Daily BRKB Bull 2X ETF alerts:

Institutional Trading of Direxion Daily BRKB Bull 2X ETF

A hedge fund recently bought a new stake in Direxion Daily BRKB Bull 2X ETF stock. Citadel Advisors LLC acquired a new position in Direxion Daily BRKB Bull 2X ETF (NASDAQ:BRKU – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,453 shares of the company’s stock, valued at approximately $401,000. Citadel Advisors LLC owned about 0.97% of Direxion Daily BRKB Bull 2X ETF as of its most recent SEC filing.

About Direxion Daily BRKB Bull 2X ETF

(Get Free Report)

The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.

See Also

• Five stocks we like better than Direxion Daily BRKB Bull 2X ETF
• 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
• SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
• These 3 Overlooked Stocks Have Big Money Behind Them
• Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally

Receive News & Ratings for Direxion Daily BRKB 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 BRKB Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.