Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) Short Interest Update

Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 21 shares, a decline of 99.2% from the November 30th total of 2,621 shares. Based on an average daily trading volume, of 1,044 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,044 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Direxion Daily XOM Bear 1X Shares stock. Optiver Holding B.V. grew its position in Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) by 22,666.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,049 shares of the company’s stock after purchasing an additional 2,040 shares during the quarter. Optiver Holding B.V. owned approximately 2.05% of Direxion Daily XOM Bear 1X Shares worth $48,000 at the end of the most recent reporting period.

Direxion Daily XOM Bear 1X Shares Trading Up 0.1%

XOMZ stock opened at $22.09 on Thursday. The business’s fifty day moving average price is $22.89 and its 200 day moving average price is $23.71. Direxion Daily XOM Bear 1X Shares has a 12-month low of $21.88 and a 12-month high of $26.49.

Direxion Daily XOM Bear 1X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd will be paid a dividend of $0.1692 per share. This represents a $0.68 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, December 23rd.

About Direxion Daily XOM Bear 1X Shares

Direxion Daily XOM Bear 1X Shares is an inverse exchange-traded fund (ETF) designed to seek daily investment results, before fees and expenses, of 100% of the inverse (opposite) of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. It provides investors with the ability to profit from or hedge against declines in Exxon Mobil’s stock price on a daily basis. This ETF is intended for experienced investors who understand the risks of inverse ETFs, including daily resetting and compounding effects, and who actively manage their positions.