Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) Stock Short Interest Climbs 691.0%

Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 4,746 shares, an increase of 691.0% from the August 31st total of 600 shares. Based on an average trading volume of 16,414 shares, the short-interest ratio is currently 0.3 days. Approximately 3.2% of the shares of the stock are sold short.

Direxion Daily XOM Bull 2X ETF Trading Up 0.9%

Shares of NASDAQ:XOMX traded up $0.44 during trading on Thursday, hitting $47.29. 14,083 shares of the stock were exchanged, compared to its average volume of 34,969. The company has a market cap of $7.09 million, a PE ratio of 12.94 and a beta of -2.38. The company has a fifty day moving average price of $46.41 and a two-hundred day moving average price of $44.36. Direxion Daily XOM Bull 2X ETF has a 12-month low of $24.92 and a 12-month high of $60.28.

About Direxion Daily XOM Bull 2X ETF

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.