Short Interest in Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) Decreases By 49.5%

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOTGet Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 5,670 shares, a decline of 49.5% from the May 14th total of 11,228 shares. Based on an average trading volume of 27,532 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the stock are short sold.

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

NYSEARCA UBOT opened at $25.15 on Friday. The company has a market cap of $29.43 million, a P/E ratio of 31.45 and a beta of 2.87. The business’s 50 day moving average price is $27.13 and its 200-day moving average price is $26.35. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a fifty-two week low of $18.76 and a fifty-two week high of $32.08.

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

(Get Free Report)

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.

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