Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) Short Interest Update

Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 126 shares, a growth of 500.0% from the December 15th total of 21 shares. Based on an average trading volume of 2,313 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,313 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Direxion Daily XOM Bear 1X Shares

An institutional investor recently bought a new position in Direxion Daily XOM Bear 1X Shares stock. Bank of America Corp DE acquired a new stake in Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,000 shares of the company’s stock, valued at approximately $621,000. Bank of America Corp DE owned approximately 25.00% of Direxion Daily XOM Bear 1X Shares as of its most recent SEC filing.

Direxion Daily XOM Bear 1X Shares Stock Performance

NASDAQ:XOMZ opened at $21.26 on Wednesday. The firm’s fifty day simple moving average is $22.40 and its 200 day simple moving average is $23.42. Direxion Daily XOM Bear 1X Shares has a twelve month low of $20.82 and a twelve month high of $26.49.

Direxion Daily XOM Bear 1X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a $0.1692 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.68 annualized dividend and a dividend yield of 3.2%.

Direxion Daily XOM Bear 1X Shares Company Profile

Direxion Daily XOM Bear 1X Shares is an inverse exchange-traded fund (ETF) designed to seek daily investment results, before fees and expenses, of 100% of the inverse (opposite) of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. It provides investors with the ability to profit from or hedge against declines in Exxon Mobil’s stock price on a daily basis. This ETF is intended for experienced investors who understand the risks of inverse ETFs, including daily resetting and compounding effects, and who actively manage their positions.