Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Short Interest Update

Posted by Cindy Kellogue on Jan 30th, 2025

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Get Free Report) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 149,100 shares, a decrease of 47.7% from the December 31st total of 285,300 shares. Based on an average daily trading volume, of 482,400 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Direxion Daily AAPL Bull 2X Shares

Several institutional investors have recently bought and sold shares of AAPU. Hollencrest Capital Management acquired a new position in Direxion Daily AAPL Bull 2X Shares during the 3rd quarter valued at about $152,000. Client First Investment Management LLC acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares during the fourth quarter valued at approximately $363,000. Virtu Financial LLC bought a new stake in Direxion Daily AAPL Bull 2X Shares during the third quarter worth approximately $1,799,000. Finally, Flow Traders U.S. LLC bought a new stake in Direxion Daily AAPL Bull 2X Shares during the third quarter worth approximately $1,976,000.

Direxion Daily AAPL Bull 2X Shares Price Performance

AAPU opened at $33.85 on Thursday. Direxion Daily AAPL Bull 2X Shares has a 12 month low of $20.48 and a 12 month high of $43.10. The stock’s 50 day moving average price is $36.56 and its 200 day moving average price is $36.11. The stock has a market cap of $165.87 million, a P/E ratio of 23.89 and a beta of -1.95.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.2953 per share. The ex-dividend date was Monday, December 23rd.

About Direxion Daily AAPL Bull 2X Shares

(Get Free Report)

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.