Direxion Daily Crypto Industry Bear 1X Shares (NYSEARCA:REKT) Short Interest Up 54.3% in February

Direxion Daily Crypto Industry Bear 1X Shares (NYSEARCA:REKT) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 32,575 shares, an increase of 54.3% from the February 12th total of 21,112 shares. Currently, 40.7% of the company’s stock are short sold. Based on an average trading volume of 6,126 shares, the days-to-cover ratio is presently 5.3 days. Based on an average trading volume of 6,126 shares, the days-to-cover ratio is presently 5.3 days. Currently, 40.7% of the company’s stock are short sold.

Direxion Daily Crypto Industry Bear 1X Shares Trading Down 0.1%

Shares of REKT traded down $0.02 during mid-day trading on Friday, reaching $18.59. The company’s stock had a trading volume of 17,041 shares, compared to its average volume of 10,350. Direxion Daily Crypto Industry Bear 1X Shares has a 12-month low of $13.64 and a 12-month high of $33.27. The company’s 50 day moving average is $18.02 and its 200 day moving average is $17.11.

Direxion Daily Crypto Industry Bear 1X Shares Company Profile

The Direxion Daily Crypto Industry Bear 1X Shares (REKT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks -1x the daily price movements of a market cap-weighted index of US companies involved in blockchain technology, NFT, decentralized finance, and digital asset mining hardware. REKT was launched on Jul 17, 2024 and is issued by Direxion.