Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Shares Shorted: Short Interest Down 90.1% in September

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 20,935 shares, a decline of 90.1% from the August 31st total of 211,177 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 200,089 shares, the short-interest ratio is currently 0.1 days.

Direxion Daily COIN Bull 2X ETF Stock Performance

Shares of NASDAQ CONX traded down $0.32 during trading hours on Friday, reaching $7.66. The stock had a trading volume of 56,082 shares, compared to its average volume of 95,440. 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 fifty day moving average is $6.41 and its two-hundred day moving average is $7.82.

Direxion Daily COIN Bull 2X ETF Company Profile

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.