Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Short Interest Down 61.4% in June

Posted by Stanley Muller on Jun 28th, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 51,324 shares, a drop of 61.4% from the May 31st total of 132,819 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average trading volume of 91,379 shares, the short-interest ratio is currently 0.6 days.

Direxion Daily COIN Bull 2X ETF Stock Performance

Shares of CONX opened at $5.38 on Friday. Direxion Daily COIN Bull 2X ETF has a one year low of $4.73 and a one year high of $28.34. The firm has a 50 day simple moving average of $8.66 and a two-hundred day simple moving average of $12.24.

Direxion Daily COIN Bull 2X ETF Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be paid a $0.0317 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $0.13 annualized dividend and a dividend yield of 2.4%.

Institutional Trading of 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. acquired a new stake in Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 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 SEC filing. Hedge funds and other institutional investors own 8.97% of the company’s stock.

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.