Direxion Daily Uranium Industry Bull 2X ETF (NYSEARCA:URAA) Shares Shorted: Short Interest Up 133.3% in September

Direxion Daily Uranium Industry Bull 2X ETF (NYSEARCA:URAA) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 52,751 shares, an increase of 133.3% from the August 31st total of 22,610 shares. Based on an average daily volume of 51,694 shares, the short-interest ratio is presently 1.0 days. Currently, 3.8% of the shares of the company are sold short.

Direxion Daily Uranium Industry Bull 2X ETF Stock Down 0.6%

Shares of NYSEARCA URAA traded down $0.12 during midday trading on Friday, reaching $20.45. 72,587 shares of the stock were exchanged, compared to its average volume of 96,791. The firm has a market cap of $28.22 million, a price-to-earnings ratio of 26.93 and a beta of 4.04. The firm has a 50-day simple moving average of $24.17 and a two-hundred day simple moving average of $30.50. Direxion Daily Uranium Industry Bull 2X ETF has a twelve month low of $18.89 and a twelve month high of $63.13.

Direxion Daily Uranium Industry Bull 2X ETF 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.