Direxion Daily AI and Big Data Bear 2X Shares (NYSEARCA:AIBD) Sees Large Growth in Short Interest

Direxion Daily AI and Big Data Bear 2X Shares (NYSEARCA:AIBDGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 128,678 shares, an increase of 338.6% from the May 31st total of 29,339 shares. Based on an average daily trading volume, of 159,637 shares, the short-interest ratio is currently 0.8 days. Currently, 19.8% of the company’s stock are short sold.

Direxion Daily AI and Big Data Bear 2X Shares Price Performance

Direxion Daily AI and Big Data Bear 2X Shares stock traded up $0.25 during mid-day trading on Friday, reaching $5.89. 66,820 shares of the company’s stock were exchanged, compared to its average volume of 74,247. Direxion Daily AI and Big Data Bear 2X Shares has a twelve month low of $4.46 and a twelve month high of $11.17. The company has a fifty day moving average of $5.70 and a 200-day moving average of $7.50.

About Direxion Daily AI and Big Data Bear 2X Shares

(Get Free Report)

The Direxion Daily AI and Big Data Bear 2X Shares (AIBD) is an exchange-traded fund that is based on the Solactive US AI & Big Data index. The fund tracks -2x the daily price movements of a concentrated index of US companies involved in artificial intelligence (AI) applications and big data. Stocks are weighted based on their relevance to the business fields. AIBD was launched on May 15, 2024 and is issued by Direxion.

Recommended Stories

Receive News & Ratings for Direxion Daily AI and Big Data Bear 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily AI and Big Data Bear 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.