Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) Sees Significant Decline in Short Interest

Posted by Caroline Horne on Jul 16th, 2026

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 13,386 shares, a drop of 39.1% from the June 15th total of 21,996 shares. Based on an average trading volume of 13,387 shares, the days-to-cover ratio is presently 1.0 days. Currently, 6.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Direxion Daily XOM Bull 2X Shares

A hedge fund recently bought a new stake in Direxion Daily XOM Bull 2X Shares stock. Bank of America Corp DE bought a new stake in Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,000 shares of the company’s stock, valued at approximately $609,000. Bank of America Corp DE owned approximately 16.67% of Direxion Daily XOM Bull 2X Shares as of its most recent filing with the Securities & Exchange Commission.

Direxion Daily XOM Bull 2X Shares Price Performance

Direxion Daily XOM Bull 2X Shares stock opened at $38.67 on Thursday. The company has a market cap of $7.73 million, a price-to-earnings ratio of 12.94 and a beta of -2.16. Direxion Daily XOM Bull 2X Shares has a 12 month low of $23.00 and a 12 month high of $60.28. The stock’s 50-day moving average is $40.03 and its 200-day moving average is $41.42.

Direxion Daily XOM Bull 2X Shares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.2157 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, June 23rd.

About Direxion Daily XOM Bull 2X Shares

(Get Free Report)

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.