Direxion Daily Mid Cap Bull 3X ETF (NYSEARCA:MIDU) Sees Significant Decline in Short Interest

Posted by Anthony Miller on Nov 1st, 2026

Direxion Daily Mid Cap Bull 3X ETF (NYSEARCA:MIDU – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 13,487 shares, a decrease of 39.0% from the September 30th total of 22,122 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 26,486 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Direxion Daily Mid Cap Bull 3X ETF

A hedge fund recently bought a new position in Direxion Daily Mid Cap Bull 3X ETF stock. IMC Chicago LLC purchased a new position in Direxion Daily Mid Cap Bull 3X ETF (NYSEARCA:MIDU – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,262 shares of the company’s stock, valued at approximately $325,000. IMC Chicago LLC owned approximately 0.48% of Direxion Daily Mid Cap Bull 3X ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Direxion Daily Mid Cap Bull 3X ETF Trading Down 3.1%

Shares of NYSEARCA MIDU opened at $62.09 on Friday. The business’s 50 day moving average is $63.76 and its 200-day moving average is $64.21. The firm has a market cap of $62.09 million, a P/E ratio of 18.98 and a beta of 3.07. Direxion Daily Mid Cap Bull 3X ETF has a 1-year low of $42.74 and a 1-year high of $77.88.

Direxion Daily Mid Cap Bull 3X ETF Company Profile

(Get Free Report)

The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.