Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 696,905 shares, a decrease of 41.6% from the April 30th total of 1,192,755 shares. Currently, 11.6% of the shares of the stock are sold short. Based on an average trading volume of 2,984,847 shares, the short-interest ratio is currently 0.2 days.
Institutional Investors Weigh In On Direxion Daily AAPL Bull 2X Shares
A number of large investors have recently bought and sold shares of AAPU. IMC Chicago LLC bought a new position in Direxion Daily AAPL Bull 2X Shares in the 3rd quarter valued at $2,336,000. Flow Traders U.S. LLC bought a new position in Direxion Daily AAPL Bull 2X Shares in the 3rd quarter valued at $810,000. Tower Research Capital LLC TRC bought a new position in Direxion Daily AAPL Bull 2X Shares in the 2nd quarter valued at $693,000. Group One Trading LLC boosted its position in Direxion Daily AAPL Bull 2X Shares by 73.5% in the 3rd quarter. Group One Trading LLC now owns 14,985 shares of the company’s stock valued at $484,000 after buying an additional 6,348 shares during the last quarter. Finally, StoneX Group Inc. bought a new position in Direxion Daily AAPL Bull 2X Shares in the 4th quarter valued at $319,000.
Direxion Daily AAPL Bull 2X Shares Trading Down 2.5%
NASDAQ AAPU traded down $1.07 during trading hours on Wednesday, reaching $41.32. 834,666 shares of the company’s stock were exchanged, compared to its average volume of 2,319,258. The stock has a market cap of $249.16 million, a PE ratio of 25.83 and a beta of 1.62. Direxion Daily AAPL Bull 2X Shares has a one year low of $20.00 and a one year high of $42.85. The firm has a fifty day moving average of $33.19 and a 200-day moving average of $32.90.
Direxion Daily AAPL Bull 2X Shares Cuts Dividend
Direxion Daily AAPL Bull 2X Shares Company Profile
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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