Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) Short Interest Down 21.1% in December

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 18,976 shares, a decline of 21.1% from the December 15th total of 24,037 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average trading volume of 14,361 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 14,361 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.6% of the company’s stock are short sold.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Trading Up 0.1%

Shares of NYSEARCA:UBOT traded up $0.04 during mid-day trading on Friday, hitting $28.53. 21,654 shares of the company traded hands, compared to its average volume of 26,493. The stock has a 50-day moving average price of $25.54 and a two-hundred day moving average price of $24.69. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 12-month low of $12.19 and a 12-month high of $29.00. The stock has a market cap of $34.81 million, a P/E ratio of 31.45 and a beta of 2.71.

Institutional Trading of Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares

An institutional investor recently raised its position in Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares stock. SBI Securities Co. Ltd. grew its stake in Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) by 169.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,915 shares of the company’s stock after buying an additional 1,205 shares during the period. SBI Securities Co. Ltd. owned approximately 0.13% of Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares worth $42,000 at the end of the most recent reporting period.

About Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares

The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund offers 2x daily leveraged exposure to a market-cap-selected and -weighted index of robotics and artificial intelligence companies from developed countries. UBOT was launched on Apr 19, 2018 and is managed by Direxion.