Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) Short Interest Update

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 13,484 shares, an increase of 120.3% from the March 31st total of 6,122 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily volume of 21,356 shares, the short-interest ratio is presently 0.6 days.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Stock Up 3.4%

Shares of UBOT stock traded up $0.85 during trading on Friday, hitting $25.93. The company had a trading volume of 12,016 shares, compared to its average volume of 23,514. The stock’s 50-day moving average is $24.67 and its two-hundred day moving average is $25.75. The stock has a market capitalization of $30.34 million, a price-to-earnings ratio of 31.45 and a beta of 2.82. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 52 week low of $16.23 and a 52 week high of $30.22.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Company Profile

The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund offers 2x daily leveraged exposure to a market-cap-selected and -weighted index of robotics and artificial intelligence companies from developed countries. UBOT was launched on Apr 19, 2018 and is managed by Direxion.