MAX S&P 500 4x Leveraged ETN (NYSEARCA:SPYU) Shares Shorted: Short Interest Up 82.9% in September

MAX S&P 500 4x Leveraged ETN (NYSEARCA:SPYU – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 980,587 shares, an increase of 82.9% from the September 15th total of 536,269 shares. Currently, 6.1% of the shares of the company are sold short. Based on an average trading volume of 756,899 shares, the short-interest ratio is presently 1.3 days.

MAX S&P 500 4x Leveraged ETN Trading Down 4.3%

Shares of SPYU stock opened at $34.41 on Thursday. MAX S&P 500 4x Leveraged ETN has a twelve month low of $18.37 and a twelve month high of $37.82. The stock has a 50 day moving average of $35.05 and a 200 day moving average of $32.49.

About MAX S&P 500 4x Leveraged ETN

(Get Free Report)

The MAX S&P 500 4X Leveraged ETN (SPYU) is an exchange-traded note that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. SPYU was launched on Dec 7, 2023 and is issued by Max.

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