Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Sees Significant Increase in Short Interest

Posted by Linda Flegge on Aug 31st, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 138,310 shares, an increase of 66.5% from the July 30th total of 83,050 shares. Based on an average trading volume of 100,850 shares, the short-interest ratio is currently 1.4 days. Currently, 5.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. bought a new position in shares of Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned approximately 0.12% of Direxion Daily COIN Bull 2X ETF as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Direxion Daily COIN Bull 2X ETF Price Performance

Shares of Direxion Daily COIN Bull 2X ETF stock traded up $0.77 on Monday, hitting $7.67. The stock had a trading volume of 104,599 shares, compared to its average volume of 85,540. Direxion Daily COIN Bull 2X ETF has a twelve month low of $4.34 and a twelve month high of $28.34. The business’s 50 day moving average is $5.97 and its two-hundred day moving average is $8.09.

Direxion Daily COIN Bull 2X ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $0.0317 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.13 annualized dividend and a yield of 1.7%.

Direxion Daily COIN Bull 2X ETF Company Profile

(Get Free Report)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.