Direxion Daily Crypto Industry Bear 1X Shares (NYSEARCA:REKT) Short Interest Down 40.3% in March

Direxion Daily Crypto Industry Bear 1X Shares (NYSEARCA:REKT) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 19,433 shares, a decrease of 40.3% from the February 26th total of 32,575 shares. Currently, 24.3% of the shares of the company are short sold. Based on an average daily volume of 12,149 shares, the days-to-cover ratio is currently 1.6 days.

Direxion Daily Crypto Industry Bear 1X Shares Trading Up 5.0%

REKT traded up $0.95 during trading on Friday, hitting $20.01. 10,126 shares of the stock were exchanged, compared to its average volume of 9,741. Direxion Daily Crypto Industry Bear 1X Shares has a 1-year low of $13.64 and a 1-year high of $33.27. The stock has a fifty day moving average price of $18.33 and a two-hundred day moving average price of $17.13.

Direxion Daily Crypto Industry Bear 1X Shares Company Profile

The Direxion Daily Crypto Industry Bear 1X Shares (REKT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks -1x the daily price movements of a market cap-weighted index of US companies involved in blockchain technology, NFT, decentralized finance, and digital asset mining hardware. REKT was launched on Jul 17, 2024 and is issued by Direxion.