Virtu Financial LLC Buys Shares of 73,431 Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL)

Virtu Financial LLC bought a new stake in shares of Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL) in the first quarter, Holdings Channel reports. The fund bought 73,431 shares of the company’s stock, valued at approximately $449,000.

Separately, IMC Chicago LLC purchased a new position in Direxion Daily Retail Bull 3X Shares during the 1st quarter valued at about $210,000.

Direxion Daily Retail Bull 3X Shares Stock Up 6.6%

RETL stock opened at $9.89 on Thursday. The firm has a market capitalization of $43.71 million, a PE ratio of 13.74 and a beta of 3.90. Direxion Daily Retail Bull 3X Shares has a twelve month low of $4.12 and a twelve month high of $11.92. The stock has a 50-day simple moving average of $8.23 and a two-hundred day simple moving average of $7.42.

Direxion Daily Retail Bull 3X Shares Company Profile

Direxion Daily Retail Bull 3x Shares, formerly Direxion Daily Retail Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Retail Index. The Retail Index is an index comprised of companies that sell to consumers those discretionary products supplied by manufacturers.