Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) Sees Significant Drop in Short Interest

Posted by Jeff Wilder on May 15th, 2026

Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 17,922 shares, a decline of 58.3% from the April 15th total of 42,947 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 29,030 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SPUU. Revere Asset Management Inc purchased a new position in Direxion Daily S&P 500 Bull 2X Shares during the 4th quarter valued at about $22,611,000. Robinson Value Management Ltd. purchased a new position in Direxion Daily S&P 500 Bull 2X Shares during the 1st quarter valued at about $12,351,000. Tower Research Capital LLC TRC purchased a new position in Direxion Daily S&P 500 Bull 2X Shares during the 2nd quarter valued at about $7,678,000. Virtu Financial LLC increased its holdings in Direxion Daily S&P 500 Bull 2X Shares by 295.8% during the 4th quarter. Virtu Financial LLC now owns 35,007 shares of the company’s stock valued at $6,445,000 after purchasing an additional 26,163 shares during the period. Finally, UBS Group AG purchased a new position in Direxion Daily S&P 500 Bull 2X Shares during the 3rd quarter valued at about $3,238,000.

Direxion Daily S&P 500 Bull 2X Shares Stock Down 2.5%

Shares of SPUU traded down $5.39 during trading hours on Friday, hitting $211.72. The company had a trading volume of 22,006 shares, compared to its average volume of 30,056. The firm has a market cap of $239.24 million, a P/E ratio of 25.96 and a beta of 2.02. The stock’s 50 day moving average price is $184.97 and its 200 day moving average price is $185.39. Direxion Daily S&P 500 Bull 2X Shares has a 52-week low of $136.30 and a 52-week high of $217.67.

About Direxion Daily S&P 500 Bull 2X Shares

(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.