Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) Short Interest Down 48.7% in February

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 25,484 shares, a decline of 48.7% from the January 29th total of 49,677 shares. Based on an average daily trading volume, of 28,919 shares, the short-interest ratio is currently 0.9 days. Currently, 2.1% of the shares of the company are short sold. Currently, 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 28,919 shares, the short-interest ratio is currently 0.9 days.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares Stock Down 0.8%

UBOT stock opened at $29.89 on Friday. The company’s 50-day simple moving average is $27.46 and its 200-day simple moving average is $25.76. Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares has a 52-week low of $12.19 and a 52-week high of $30.22. The firm has a market cap of $36.47 million, a P/E ratio of 31.45 and a beta of 2.71.

Institutional Trading of Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares

An institutional investor recently raised its position in Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares stock. SBI Securities Co. Ltd. grew its holdings in Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares (NYSEARCA:UBOT) by 169.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,915 shares of the company’s stock after buying an additional 1,205 shares during the quarter. SBI Securities Co. Ltd. owned 0.13% of Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares worth $42,000 as of its most recent SEC filing.

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.