Direxion Daily Mid Cap Bull 3X ETF (NYSEARCA:MIDU) Sees Large Drop in Short Interest

Posted by Lauren Steadman on Nov 1st, 2026

Direxion Daily Mid Cap Bull 3X ETF (NYSEARCA:MIDU – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 13,487 shares, a decrease of 39.0% from the September 30th total of 22,122 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 26,486 shares, the short-interest ratio is presently 0.5 days.

Direxion Daily Mid Cap Bull 3X ETF Stock Performance

MIDU stock opened at $62.09 on Friday. Direxion Daily Mid Cap Bull 3X ETF has a fifty-two week low of $42.74 and a fifty-two week high of $77.88. The firm has a fifty day moving average price of $63.76 and a 200 day moving average price of $64.21. The firm has a market cap of $62.09 million, a PE ratio of 18.98 and a beta of 3.07.

Institutional Trading of Direxion Daily Mid Cap Bull 3X ETF

A hedge fund recently bought a new stake in Direxion Daily Mid Cap Bull 3X ETF stock. Toth Financial Advisory Corp purchased a new stake in Direxion Daily Mid Cap Bull 3X ETF (NYSEARCA:MIDU – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,219 shares of the company’s stock, valued at approximately $72,000. Toth Financial Advisory Corp owned approximately 0.12% of Direxion Daily Mid Cap Bull 3X ETF as of its most recent filing with the SEC.

About Direxion Daily Mid Cap Bull 3X ETF

(Get Free Report)

The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.