Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) Short Interest Update

Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 73 shares, a decline of 42.1% from the December 31st total of 126 shares. Based on an average trading volume of 1,552 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,552 shares, the days-to-cover ratio is presently 0.0 days.

Direxion Daily XOM Bear 1X Shares Trading Down 2.1%

NASDAQ XOMZ opened at $18.72 on Friday. Direxion Daily XOM Bear 1X Shares has a one year low of $18.72 and a one year high of $26.49. The stock has a 50 day moving average price of $21.68 and a 200-day moving average price of $23.08.

Direxion Daily XOM Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.1692 per share. The ex-dividend date was Tuesday, December 23rd. This represents a $0.68 annualized dividend and a yield of 3.6%.

Institutional Trading of Direxion Daily XOM Bear 1X Shares

A hedge fund recently raised its stake in Direxion Daily XOM Bear 1X Shares stock. Optiver Holding B.V. lifted its holdings in Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) by 22,666.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,049 shares of the company’s stock after acquiring an additional 2,040 shares during the period. Optiver Holding B.V. owned 2.05% of Direxion Daily XOM Bear 1X Shares worth $48,000 at the end of the most recent quarter.

About Direxion Daily XOM Bear 1X Shares

Direxion Daily XOM Bear 1X Shares is an inverse exchange-traded fund (ETF) designed to seek daily investment results, before fees and expenses, of 100% of the inverse (opposite) of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. It provides investors with the ability to profit from or hedge against declines in Exxon Mobil’s stock price on a daily basis. This ETF is intended for experienced investors who understand the risks of inverse ETFs, including daily resetting and compounding effects, and who actively manage their positions.