Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 5,479 shares, a decrease of 87.7% from the April 15th total of 44,641 shares. Based on an average daily volume of 81,635 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.4% of the shares of the company are short sold.
Direxion Daily Uranium Industry Bull 2X Shares Trading Down 8.9%
URAA stock traded down $3.89 on Tuesday, hitting $40.02. The company’s stock had a trading volume of 181,221 shares, compared to its average volume of 120,837. The firm has a 50 day moving average of $39.76 and a two-hundred day moving average of $40.68. Direxion Daily Uranium Industry Bull 2X Shares has a 1 year low of $15.74 and a 1 year high of $63.13. The stock has a market cap of $50.03 million, a price-to-earnings ratio of 26.93 and a beta of 4.21.
Hedge Funds Weigh In On Direxion Daily Uranium Industry Bull 2X Shares
A hedge fund recently bought a new stake in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC acquired a new position in shares of Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned about 3.45% of Direxion Daily Uranium Industry Bull 2X Shares as of its most recent filing with the SEC.
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.
See Also
- Five stocks we like better than Direxion Daily Uranium Industry Bull 2X Shares
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Direxion Daily Uranium Industry Bull 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Uranium Industry Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
