Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) Short Interest Update

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 10,299 shares, a decrease of 29.7% from the February 26th total of 14,648 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 27,927 shares, the short-interest ratio is currently 0.4 days.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Stock Down 5.2%

Shares of Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares stock traded down $1.08 during trading on Friday, reaching $19.82. The company’s stock had a trading volume of 24,606 shares, compared to its average volume of 23,981. The business has a 50 day moving average price of $26.22 and a 200-day moving average price of $25.93. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 12-month low of $12.19 and a 12-month high of $30.22. The company has a market capitalization of $24.18 million, a P/E ratio of 31.45 and a beta of 2.71.

About Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares

The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund offers 2x daily leveraged exposure to a market-cap-selected and -weighted index of robotics and artificial intelligence companies from developed countries. UBOT was launched on Apr 19, 2018 and is managed by Direxion.