Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Short Interest Down 61.4% in June

Posted by Paula Ricardo on Jun 29th, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 51,324 shares, a decrease of 61.4% from the May 31st total of 132,819 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 91,379 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Direxion Daily COIN Bull 2X ETF

An institutional investor recently bought a new stake in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. bought a new position in Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned 0.12% of Direxion Daily COIN Bull 2X ETF as of its most recent filing with the SEC. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Direxion Daily COIN Bull 2X ETF Stock Performance

Shares of Direxion Daily COIN Bull 2X ETF stock traded up $0.18 during trading on Monday, reaching $5.56. 122,166 shares of the stock were exchanged, compared to its average volume of 66,411. The stock’s fifty day moving average is $8.66 and its 200 day moving average is $12.14. Direxion Daily COIN Bull 2X ETF has a 1 year low of $4.73 and a 1 year high of $28.34.

Direxion Daily COIN Bull 2X ETF Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be issued a $0.0317 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $0.13 dividend on an annualized basis and a dividend yield of 2.3%.

Direxion Daily COIN Bull 2X ETF Company Profile

(Get Free Report)

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.