Direxion Daily AAPL Bull 2X ETF·Financial Services

Direxion Daily AAPL Bull 2X Shares (NASDAQ: AAPU - Get Free Report) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 893,357 shares, a decline of 13.2% from the February 12th total of 1,028,786 shares. Currently, 10.5% of the company's shares are sold short.

Tariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's landmark ruling that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for Direxion's suite of leveraged-inverse ETFs.

Since bottoming in January, shares of Apple (AAPL) are higher by 6% over the past month. This rally is facilitated in part by a strong fourth-quarter earnings report.
The Direxion Daily AAPL Bull 2X ETF and Direxion Daily AAPL Bear 1X ETF seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of Apple Inc. (NASDAQ: AAPL).
Financial Services
Asset Management - Leveraged
2022-08-09
1.51
Market Peers





