Direxion Daily S&P 500 Bull 2X ETF (NYSEARCA:SPUU) Stock Short Interest Report for October

by · The Markets Daily

Direxion Daily S&P 500 Bull 2X ETF (NYSEARCA:SPUU – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 72,030 shares, a growth of 95.7% from the September 30th total of 36,810 shares. Based on an average trading volume of 18,447 shares, the short-interest ratio is presently 3.9 days. Currently, 5.2% of the shares of the stock are short sold.

Direxion Daily S&P 500 Bull 2X ETF Stock Down 1.0%

NYSEARCA SPUU opened at $214.72 on Tuesday. The company has a market cap of $274.84 million, a price-to-earnings ratio of 25.96 and a beta of 2.02. Direxion Daily S&P 500 Bull 2X ETF has a twelve month low of $154.85 and a twelve month high of $232.69. The business’s fifty day moving average is $224.39 and its 200 day moving average is $205.86.

Hedge Funds Weigh In On Direxion Daily S&P 500 Bull 2X ETF

Several large investors have recently bought and sold shares of the company. Dedeker Financial LLC grew its holdings in shares of Direxion Daily S&P 500 Bull 2X ETF by 0.7% during the third quarter. Dedeker Financial LLC now owns 14,526 shares of the company’s stock worth $3,219,000 after purchasing an additional 95 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Direxion Daily S&P 500 Bull 2X ETF by 31.0% in the third quarter. SBI Securities Co. Ltd. now owns 591 shares of the company’s stock valued at $131,000 after buying an additional 140 shares during the period. Ramsey Quantitative Systems bought a new position in Direxion Daily S&P 500 Bull 2X ETF in the 3rd quarter valued at approximately $176,000. Client First Investment Management LLC bought a new position in Direxion Daily S&P 500 Bull 2X ETF in the 2nd quarter valued at approximately $1,261,000. Finally, CPR Investments Inc. bought a new position in Direxion Daily S&P 500 Bull 2X ETF in the 3rd quarter valued at approximately $3,232,000.

Direxion Daily S&P 500 Bull 2X ETF Company Profile

(Get Free Report)

The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.

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