Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Short Interest Update

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 49,804 shares, a drop of 33.0% from the January 15th total of 74,300 shares. Based on an average daily volume of 265,004 shares, the days-to-cover ratio is currently 0.2 days. Currently, 3.2% of the shares of the company are short sold. Currently, 3.2% of the shares of the company are short sold. Based on an average daily volume of 265,004 shares, the days-to-cover ratio is currently 0.2 days.

Direxion Daily Uranium Industry Bull 2X Shares Stock Down 0.1%

URAA traded down $0.05 during mid-day trading on Friday, reaching $42.87. 80,906 shares of the company traded hands, compared to its average volume of 197,320. The stock has a market capitalization of $66.45 million, a P/E ratio of 26.93 and a beta of 4.93. The company’s fifty day moving average price is $41.54 and its 200-day moving average price is $38.99. Direxion Daily Uranium Industry Bull 2X Shares has a 52-week low of $8.73 and a 52-week high of $63.13.

Direxion Daily Uranium Industry Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 31st were paid a $0.1081 dividend. This represents a $0.43 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Wednesday, December 31st.

Institutional Trading of Direxion Daily Uranium Industry Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC acquired a new stake in shares of Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned 3.45% of Direxion Daily Uranium Industry Bull 2X Shares at the end of the most recent reporting period.

Direxion Daily Uranium Industry Bull 2X Shares Company Profile

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.