Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) Short Interest Up 34.3% in December

Posted by Ethan Ryder on Jan 17th, 2025

Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD – Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 136,900 shares, a growth of 34.3% from the December 15th total of 101,900 shares. Based on an average trading volume of 366,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Direxion Daily AAPL Bear 1X Shares

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sterling Investment Advisors Ltd. acquired a new position in shares of Direxion Daily AAPL Bear 1X Shares in the third quarter valued at approximately $197,000. Virtu Financial LLC acquired a new stake in Direxion Daily AAPL Bear 1X Shares during the third quarter worth approximately $280,000. Flow Traders U.S. LLC bought a new position in Direxion Daily AAPL Bear 1X Shares during the 3rd quarter worth $295,000. Finally, Ridgecrest Wealth Partners LLC acquired a new position in Direxion Daily AAPL Bear 1X Shares in the 3rd quarter valued at $540,000.

Direxion Daily AAPL Bear 1X Shares Stock Up 4.2 %

NASDAQ:AAPD opened at $16.75 on Friday. The stock’s 50-day simple moving average is $15.97 and its 200 day simple moving average is $16.70. Direxion Daily AAPL Bear 1X Shares has a 52-week low of $14.70 and a 52-week high of $23.72.

Direxion Daily AAPL Bear 1X Shares Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.1606 dividend. The ex-dividend date was Monday, December 23rd.

Direxion Daily AAPL Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.