Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX – Get 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
Direxion Daily XOM Bull 2X Shares Company Profile
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.
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