Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Short Interest Update

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 435,300 shares, an increase of 26.0% from the January 31st total of 345,400 shares. Based on an average daily volume of 1,101,000 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Direxion Daily AAPL Bull 2X Shares

Hedge funds and other institutional investors have recently made changes to their positions in the stock. PayPay Securities Corp bought a new position in Direxion Daily AAPL Bull 2X Shares in the 4th quarter valued at approximately $31,000. SBI Securities Co. Ltd. bought a new position in shares of Direxion Daily AAPL Bull 2X Shares during the 4th quarter valued at $125,000. Hollencrest Capital Management bought a new position in shares of Direxion Daily AAPL Bull 2X Shares during the 3rd quarter valued at $152,000. Client First Investment Management LLC bought a new position in shares of Direxion Daily AAPL Bull 2X Shares during the 4th quarter valued at $363,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Direxion Daily AAPL Bull 2X Shares by 70.3% during the 4th quarter. JPMorgan Chase & Co. now owns 10,091 shares of the company’s stock valued at $380,000 after buying an additional 4,166 shares during the period.

Direxion Daily AAPL Bull 2X Shares Stock Performance

AAPU stock opened at $32.29 on Friday. Direxion Daily AAPL Bull 2X Shares has a fifty-two week low of $20.48 and a fifty-two week high of $43.10. The business’s 50 day moving average price is $33.52 and its two-hundred day moving average price is $35.75. The company has a market capitalization of $152.41 million, a price-to-earnings ratio of 39.09 and a beta of -1.95.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2953 dividend. The ex-dividend date was Monday, December 23rd.

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.