Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) Short Interest Up 155.3% in March

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAAGet Free Report) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 31,129 shares, a growth of 155.3% from the February 26th total of 12,195 shares. Based on an average daily trading volume, of 100,428 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Direxion Daily Uranium Industry Bull 2X Shares stock. Jane Street Group LLC acquired a new stake in shares of Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAAFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 53,537 shares of the company’s stock, valued at approximately $1,673,000. Jane Street Group LLC owned about 3.45% of Direxion Daily Uranium Industry Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily Uranium Industry Bull 2X Shares Stock Performance

NYSEARCA URAA traded down $0.07 on Friday, reaching $33.07. The company’s stock had a trading volume of 47,198 shares, compared to its average volume of 140,930. Direxion Daily Uranium Industry Bull 2X Shares has a twelve month low of $8.73 and a twelve month high of $63.13. The firm’s 50 day moving average is $44.40 and its two-hundred day moving average is $41.39. The stock has a market cap of $51.26 million, a PE ratio of 26.93 and a beta of 4.93.

Direxion Daily Uranium Industry Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 31st were paid a dividend of $0.1081 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.43 annualized dividend and a yield of 1.3%.

Direxion Daily Uranium Industry Bull 2X Shares Company Profile

(Get Free Report)

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.

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