Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Up – What’s Next?

Posted by on Jul 6th, 2026

Shares of Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $541.43, but opened at $625.63. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $638.92, with a volume of 356,910 shares.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Up 18.0%

The firm has a 50 day moving average price of $818.01 and a two-hundred day moving average price of $508.79. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 9.42 and a beta of 4.43.

Direxion Daily MSCI South Korea Bull 3x Shares shares are scheduled to split on the morning of Wednesday, July 15th. The 20-1 split was announced on Wednesday, June 10th. The newly issued shares will be distributed to shareholders after the closing bell on Tuesday, July 14th.

Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares

Hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter valued at approximately $1,039,000. Sovereign Financial Group Inc. grew its position in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% during the fourth quarter. Sovereign Financial Group Inc. now owns 4,068 shares of the company’s stock worth $739,000 after buying an additional 1,610 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth approximately $34,000. Tucker Asset Management LLC bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter worth $47,000. Finally, NWI Management LP bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter worth $3,566,000.

About Direxion Daily MSCI South Korea Bull 3x Shares

(Get Free Report)

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.

Read More

Receive News & Ratings for Direxion Daily MSCI South Korea Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSCI South Korea Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.