AAPL Bull 2X Shares Short Interest Skyrockets by 85% in July

The short interest in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) has increased by 85.0% as of July 31st, compared to the previous total on July 15th.

The number of shares shorted rose from 251,718 to 465,572 during this period.

This growth represents a significant increase in bearish sentiment towards the company's stock, which is based on the Apple Inc. index and provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock.