Brant Point Investment Management LLC Trims Stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares $GUSH

Brant Point Investment Management LLC decreased its position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) by 20.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 74,569 shares of the company’s stock after selling 18,794 shares during the period. Brant Point Investment Management LLC owned about 0.77% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares worth $1,633,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its holdings in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 40.0% during the 4th quarter. SBI Securities Co. Ltd. now owns 3,264 shares of the company’s stock worth $71,000 after acquiring an additional 933 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 1.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 41,917 shares of the company’s stock worth $1,031,000 after acquiring an additional 609 shares during the period. Group One Trading LLC grew its holdings in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 67.7% during the 3rd quarter. Group One Trading LLC now owns 7,389 shares of the company’s stock worth $182,000 after acquiring an additional 2,982 shares during the period. Squarepoint Ops LLC grew its holdings in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 84.3% during the 2nd quarter. Squarepoint Ops LLC now owns 57,348 shares of the company’s stock worth $1,305,000 after acquiring an additional 26,233 shares during the period. Finally, Focus Partners Wealth purchased a new position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the 1st quarter worth approximately $547,000.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Stock Performance

GUSH stock opened at $35.18 on Friday. The business’s 50 day moving average price is $37.76 and its two-hundred day moving average price is $31.82. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a fifty-two week low of $20.81 and a fifty-two week high of $48.66. The company has a market capitalization of $255.41 million, a price-to-earnings ratio of 8.13 and a beta of 1.02.

Key Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares News

Here are the key news stories impacting Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares this week:

• Positive Sentiment: Escalating U.S.-Iran tensions and fears of supply disruption in the Strait of Hormuz have kept crude prices supported, which is generally bullish for oil producer stocks and GUSH. Oil Rises Amid Escalating Supply-Disruption Fears
• Positive Sentiment: Reports that Canada-related outages and bad weather could tighten inventories at a key U.S. storage hub add to the short-term supply-tightness narrative, another tailwind for energy equities. Canada oil outages and bad weather to tighten inventories at key US storage hub
• Positive Sentiment: Some market commentary still points to breakout potential in Brent and WTI if geopolitical risks worsen, which keeps a bullish bid under oil-linked ETFs like GUSH. Oil Price Forecast: Brent and WTI Eye Breakout as Strait of Hormuz Risk Grows
• Neutral Sentiment: CME plans to offer 24/7 gold and oil trading, a structural market change that could improve liquidity and trading access over time, but it is not an immediate earnings driver for GUSH. CME to offer 24/7 gold and oil trading
• Neutral Sentiment: Several reports note that oil markets remain extremely volatile and hard to price, with liquidity leaving the market and demand views shifting, which adds uncertainty rather than a clear directional catalyst. Tired of chaos, investors retreat from oil market at record pace
• Negative Sentiment: Goldman Sachs and OPEC both lowered longer-term oil demand outlooks, and Reuters reported OPEC again cut its 2026 demand-growth forecast, which could pressure crude prices and weigh on GUSH if sentiment turns toward oversupply. OPEC again lowers 2026 global oil demand growth forecast
• Negative Sentiment: News that some lost Gulf oil exports may be smaller than feared, plus reports of hopes for a U.S.-Iran deal, could ease supply fears and reduce the upside for oil prices. Lost Gulf oil exports far smaller than thought, traders and shippers say

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Company Profile

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.