Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) Short Interest Update

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMXGet Free Report) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 4,400 shares, a drop of 32.3% from the September 30th total of 6,500 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 1.0 days. Approximately 3.4% of the company’s shares are short sold. Approximately 3.4% of the company’s shares are short sold. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 1.0 days.

Direxion Daily XOM Bull 2X Shares Trading Up 0.7%

Shares of XOMX opened at $26.75 on Friday. The company’s 50-day moving average is $26.33. The firm has a market capitalization of $3.48 million, a PE ratio of 12.94 and a beta of 3.43. Direxion Daily XOM Bull 2X Shares has a 1-year low of $22.13 and a 1-year high of $28.89.

Direxion Daily XOM Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd were issued a $0.191 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, September 23rd. This is a positive change from Direxion Daily XOM Bull 2X Shares’s previous quarterly dividend of $0.12.

Hedge Funds Weigh In On Direxion Daily XOM Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily XOM Bull 2X Shares stock. Bank of America Corp DE acquired a new stake in Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMXFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 25,000 shares of the company’s stock, valued at approximately $609,000. Bank of America Corp DE owned 16.67% of Direxion Daily XOM Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily XOM Bull 2X Shares Company Profile

(Get Free Report)

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements.

Further Reading

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