Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Sees Significant Growth in Short Interest

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 77,094 shares, a growth of 343.8% from the December 15th total of 17,371 shares. Approximately 5.9% of the shares of the company are sold short. Based on an average daily volume of 81,050 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 81,050 shares, the short-interest ratio is currently 1.0 days. Approximately 5.9% of the shares of the company are sold short.

Direxion Daily Uranium Industry Bull 2X Shares Stock Performance

URAA traded down $0.58 during trading on Tuesday, reaching $43.49. The company’s stock had a trading volume of 113,960 shares, compared to its average volume of 148,287. Direxion Daily Uranium Industry Bull 2X Shares has a 52-week low of $8.73 and a 52-week high of $62.28. The company’s fifty day moving average price is $35.78 and its 200-day moving average price is $35.86. The company has a market capitalization of $56.53 million, a price-to-earnings ratio of 26.93 and a beta of 4.93.

Direxion Daily Uranium Industry Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 31st were issued a $0.1081 dividend. This represents a $0.43 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, December 31st.

About Direxion Daily Uranium Industry Bull 2X Shares

The Direxion Daily Uranium Industry Bull 2X Shares (URAA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed firms focused on uranium and nuclear energy. URAA was launched on Jun 26, 2024 and is issued by Direxion.