AAPU Short Interest Skyrockets by 85% in July
The Direxion Daily AAPL Bull 2X Shares ETF (NASDAQ:AAPU) saw its short interest grow by 85.0% in July, according to MarketBeat.
As of July 31st, there were 465,572 shares short sold, a significant increase from the 251,718 shares short sold on July 15th.
The days-to-cover ratio is currently 0.2 days based on an average daily volume of 2,089,875 shares.