Short Interest in Direxion Daily AMZN Bull 2X Shares Surges by 68.6% in July

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) has seen a significant increase in short interest in July, according to recent data. As of July 31st, there were 2,952,669 shares sold short, representing a growth of 68.6% from the previous total of 1,750,773 shares on July 15th.

Currently, approximately 32.6% of AMZU's outstanding shares are held short, and with an average daily volume of 3,385,315 shares, the days-to-cover ratio is currently 0.9 days.

Institutional investors have been actively buying and selling shares of AMZU in recent quarters, with notable purchases coming from Safe Harbor Fiduciary LLC, SOA Wealth Advisors LLC, Hollencrest Capital Management, and Parallel Advisors LLC.