Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Stock Short Interest Declines 90.1%

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

Direxion Daily COIN Bull 2X ETF Price Performance

Shares of Direxion Daily COIN Bull 2X ETF stock traded up $0.09 during trading on Thursday, hitting $7.98. 144,535 shares of the company’s stock traded hands, compared to its average volume of 95,651. The firm’s fifty day moving average price is $6.37 and its 200 day moving average price is $7.82. Direxion Daily COIN Bull 2X ETF has a twelve month low of $4.34 and a twelve month high of $28.34.

About Direxion Daily COIN Bull 2X ETF

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.