Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) Short Interest Update

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,095,280 shares, an increase of 32.3% from the November 30th total of 828,129 shares. Based on an average trading volume of 816,810 shares, the days-to-cover ratio is presently 1.3 days. Currently, 11.0% of the company’s shares are short sold. Currently, 11.0% of the company’s shares are short sold. Based on an average trading volume of 816,810 shares, the days-to-cover ratio is presently 1.3 days.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares News Summary

Here are the key news stories impacting Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares this week:

• Positive Sentiment: U.S. crude inventories fell last week as imports dropped and refiners ran slightly faster — a draw that can support near-term crude prices and therefore lift E&P equities and leveraged ETFs like GUSH. U.S. Crude Oil Inventories Decline Amid Lower Imports
• Positive Sentiment: Geopolitical tensions in the Middle East and Russia–Ukraine-related risks are intermittently overriding inventory concerns and lifting futures, providing episodic support to oil prices and oil stocks. Oil News: Futures Edge Higher as Middle East Tensions Override Inventory Concerns
• Positive Sentiment: Longer-term analyst sentiment is constructive for energy equities — Barron’s argues oil stocks may be a worthwhile bet in 2026 after sector gains in 2025, which could support demand for leveraged sector ETF exposure. Why Oil Stocks Are Worth a Bet in 2026
• Neutral Sentiment: Technical charts show WTI battling resistance around $59; short-term reclaim of moving averages can give relief rallies but a decisive break is needed to change the downtrend — technicals may cause choppy trading for GUSH. Crude Oil Price Forecast: Battle at $59.00 Resistance Intensifies
• Negative Sentiment: Oversupply dynamics and weak demand are overarching headwinds — oil slid through 2025 with Brent headed to one of its worst annual performances, pressuring oil equities and leveraged funds. Oil slips as Brent heads for longest stretch of annual losses in 2025
• Negative Sentiment: Analysts and technical reports highlight persistent demand concerns and oversupply (including expected Saudi price moves and elevated global output), which cap rallies and keep pressure on E&P stocks and GUSH. Oil and Natural Gas Technical Analysis: Oversupply Risks Rise
• Negative Sentiment: Macro risk appetite is muted — coverage notes crude is only drifting higher in thin risk-on flows, leaving leveraged long positions vulnerable to downside if risk sentiment worsens. Crude Oil Price Outlook – Crude Oil Continues to Drift Higher

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Stock Down 1.9%

Shares of GUSH traded down $0.42 during mid-day trading on Wednesday, hitting $21.90. The company had a trading volume of 476,471 shares, compared to its average volume of 1,033,729. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 1-year low of $14.70 and a 1-year high of $33.98. The business’s 50-day simple moving average is $23.27 and its 200-day simple moving average is $23.53. The stock has a market cap of $218.12 million, a PE ratio of 8.13 and a beta of 1.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC increased its stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 84.3% during the second quarter. Squarepoint Ops LLC now owns 57,348 shares of the company’s stock worth $1,305,000 after acquiring an additional 26,233 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the 1st quarter worth about $547,000. Tower Research Capital LLC TRC grew its holdings in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 38.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 41,308 shares of the company’s stock worth $940,000 after purchasing an additional 11,519 shares during the period. Finally, Group One Trading LLC increased its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 67.7% during the 3rd quarter. Group One Trading LLC now owns 7,389 shares of the company’s stock worth $182,000 after purchasing an additional 2,982 shares in the last quarter.

About Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.