Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA – Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 5,479 shares, a drop of 87.7% from the April 15th total of 44,641 shares. Based on an average trading volume of 81,635 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the shares of the company are sold short.
Direxion Daily Uranium Industry Bull 2X Shares Stock Down 4.3%
URAA traded down $1.71 during trading on Wednesday, hitting $38.31. The company’s stock had a trading volume of 117,211 shares, compared to its average volume of 120,811. Direxion Daily Uranium Industry Bull 2X Shares has a one year low of $15.74 and a one year high of $63.13. The firm has a market cap of $47.89 million, a PE ratio of 26.93 and a beta of 4.21. The business’s 50 day simple moving average is $39.38 and its 200-day simple moving average is $40.64.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC purchased a new position in Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned 3.45% of Direxion Daily Uranium Industry Bull 2X Shares at the end of the most recent quarter.
About Direxion Daily Uranium Industry Bull 2X Shares
The Direxion Daily Uranium Industry Bull 2X Shares (URAA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed firms focused on uranium and nuclear energy. URAA was launched on Jun 26, 2024 and is issued by Direxion.
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