Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) Short Interest Update

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 673,000 shares, a growth of 44.3% from the November 15th total of 466,400 shares. Based on an average trading volume of 800,600 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Direxion Daily AMZN Bull 2X Shares

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hollencrest Capital Management bought a new position in shares of Direxion Daily AMZN Bull 2X Shares during the second quarter valued at about $37,000. Morse Asset Management Inc purchased a new position in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth $64,000. Regal Investment Advisors LLC bought a new stake in Direxion Daily AMZN Bull 2X Shares during the 2nd quarter valued at $273,000. Client First Investment Management LLC purchased a new stake in Direxion Daily AMZN Bull 2X Shares during the 2nd quarter valued at $297,000. Finally, Flow Traders U.S. LLC bought a new stake in Direxion Daily AMZN Bull 2X Shares in the 3rd quarter worth $446,000.

Direxion Daily AMZN Bull 2X Shares Stock Down 1.5 %

AMZU opened at $45.86 on Friday. The business’s fifty day simple moving average is $37.01 and its 200 day simple moving average is $34.35. Direxion Daily AMZN Bull 2X Shares has a 52 week low of $22.11 and a 52 week high of $47.98. The stock has a market cap of $226.09 million, a PE ratio of 120.98 and a beta of -2.52.

Direxion Daily AMZN Bull 2X Shares Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be given a $0.5409 dividend. The ex-dividend date of this dividend is Thursday, December 12th.

About Direxion Daily AMZN Bull 2X Shares

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.