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 recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 12,319 shares, a growth of 74.5% from the June 30th total of 7,058 shares. Based on an average daily volume of 14,964 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.2% of the shares of the company are short sold.

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

NYSEARCA UBOT traded up $0.42 during trading hours on Friday, reaching $22.12. The stock had a trading volume of 14,422 shares, compared to its average volume of 22,149. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 52-week low of $19.12 and a 52-week high of $32.08. The stock has a fifty day moving average of $25.06 and a 200 day moving average of $25.88. The stock has a market cap of $23.67 million, a P/E ratio of 31.45 and a beta of 2.88.

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

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.