Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 32,888 shares, a growth of 111.5% from the September 30th total of 15,549 shares. Based on an average daily volume of 115,567 shares, the short-interest ratio is presently 0.3 days. Currently, 1.3% of the company’s stock are sold short.
Direxion Daily COIN Bull 2X ETF Price Performance
Shares of NASDAQ CONX traded down $1.07 during trading hours on Friday, reaching $3.94. 209,241 shares of the stock were exchanged, compared to its average volume of 95,968. The stock’s fifty day simple moving average is $6.62 and its 200 day simple moving average is $8.43. Direxion Daily COIN Bull 2X ETF has a 52 week low of $3.52 and a 52 week high of $28.34.
About Direxion Daily COIN Bull 2X ETF
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.
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