Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Sees Significant Increase in Short Interest

Key Points

• Short interest surged: short interest rose 45.8% to 1,404,700 shares as of April 15, equal to 22.4% of shares shorted and a short‑interest ratio of 0.7 days based on average daily volume.
• Price and payout snapshot: the ETF opened at $30.87 (down ~2.5%), trades in a 12‑month range of $19.84–$40.70 with a $186.15M market cap, and recently paid a quarterly dividend of $0.1727 (annualized $0.69, ~2.2% yield).
• Institutional activity: several firms boosted or established positions—Jane Street increased holdings by 703% to 157,807 shares, Group One Trading rose 104%, and IMC Chicago, Flow Traders U.S. and Tower Research also added stakes.

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - ) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,404,700 shares, an increase of 45.8% from the March 31st total of 963,219 shares. Based on an average daily volume of 2,112,456 shares, the short-interest ratio is presently 0.7 days. Currently, 22.4% of the company's shares are short sold.

Direxion Daily AAPL Bull 2X Shares Trading Down 2.5%

Direxion Daily AAPL Bull 2X Shares stock opened at $30.87 on Tuesday. Direxion Daily AAPL Bull 2X Shares has a 12-month low of $19.84 and a 12-month high of $40.70. The stock has a market cap of $186.15 million, a P/E ratio of 25.83 and a beta of 1.67. The company has a 50-day moving average price of $29.72 and a 200 day moving average price of $32.30.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.1727 per share. The ex-dividend date was Tuesday, March 24th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.2%.

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

Institutional investors have recently made changes to their positions in the stock. IMC Chicago LLC acquired a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the third quarter valued at about $2,336,000. Group One Trading LLC grew its holdings in shares of Direxion Daily AAPL Bull 2X Shares by 104.0% in the fourth quarter. Group One Trading LLC now owns 30,566 shares of the company's stock valued at $1,026,000 after purchasing an additional 15,581 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Direxion Daily AAPL Bull 2X Shares by 703.1% in the first quarter. Jane Street Group LLC now owns 157,807 shares of the company's stock valued at $4,428,000 after purchasing an additional 138,158 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter valued at approximately $810,000. Finally, Tower Research Capital LLC TRC acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares in the second quarter valued at approximately $693,000.

Direxion Daily AAPL Bull 2X Shares Company Profile

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.

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