Direxion Daily AI and Big Data Bear 2X Shares (NYSEARCA:AIBD) Short Interest Up 167.1% in January

Direxion Daily AI and Big Data Bear 2X Shares (NYSEARCA:AIBD) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 4,373 shares, a growth of 167.1% from the December 31st total of 1,637 shares. Based on an average trading volume of 38,527 shares, the short-interest ratio is presently 0.1 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 38,527 shares, the short-interest ratio is presently 0.1 days.

Direxion Daily AI and Big Data Bear 2X Shares Stock Up 1.2%

AIBD traded up $0.09 during trading on Thursday, reaching $7.55. The stock had a trading volume of 120,135 shares, compared to its average volume of 43,023. The business has a 50-day moving average of $7.55 and a 200-day moving average of $7.89. Direxion Daily AI and Big Data Bear 2X Shares has a one year low of $6.19 and a one year high of $25.17.

Direxion Daily AI and Big Data Bear 2X Shares Company Profile

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.