MAX S&P 500 4x Leveraged ETN (NYSEARCA:SPYU – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 278,410 shares, a decrease of 56.7% from the June 30th total of 643,457 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average daily volume of 837,577 shares, the short-interest ratio is presently 0.3 days.
MAX S&P 500 4x Leveraged ETN Stock Performance
MAX S&P 500 4x Leveraged ETN stock opened at $31.20 on Monday. MAX S&P 500 4x Leveraged ETN has a 1 year low of $18.37 and a 1 year high of $36.70. The firm’s 50-day moving average is $33.27 and its 200-day moving average is $29.09.
Institutional Investors Weigh In On MAX S&P 500 4x Leveraged ETN
A hedge fund recently bought a new stake in MAX S&P 500 4x Leveraged ETN stock. Flow Traders U.S. LLC bought a new position in MAX S&P 500 4x Leveraged ETN (NYSEARCA:SPYU – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,719 shares of the company’s stock, valued at approximately $420,000. Flow Traders U.S. LLC owned about 0.28% of MAX S&P 500 4x Leveraged ETN as of its most recent SEC filing.
About MAX S&P 500 4x Leveraged ETN
The MAX S&P 500 4X Leveraged ETN (SPYU) is an exchange-traded note that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. SPYU was launched on Dec 7, 2023 and is issued by Max.
See Also
- Five stocks we like better than MAX S&P 500 4x Leveraged ETN
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for MAX S&P 500 4x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX S&P 500 4x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
