Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) Short Interest Update

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 5,201 shares, a growth of 162.0% from the July 30th total of 1,985 shares. Based on an average daily volume of 16,844 shares, the short-interest ratio is currently 0.3 days. Currently, 2.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On Direxion Daily XOM Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily XOM Bull 2X Shares stock. Bank of America Corp DE acquired a new stake in Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $609,000. Bank of America Corp DE owned 16.67% of Direxion Daily XOM Bull 2X Shares as of its most recent SEC filing.

Direxion Daily XOM Bull 2X Shares Trading Up 0.2%

Shares of Direxion Daily XOM Bull 2X Shares stock opened at $45.17 on Friday. The firm has a market capitalization of $9.03 million, a PE ratio of 12.94 and a beta of -2.39. The firm’s 50 day moving average is $41.92 and its 200 day moving average is $43.89. Direxion Daily XOM Bull 2X Shares has a 1 year low of $24.71 and a 1 year high of $60.28.

Direxion Daily XOM Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given a dividend of $0.2157 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.86 dividend on an annualized basis and a yield of 1.9%.

About Direxion Daily XOM Bull 2X Shares

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.