Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Gap Up – Here’s What Happened

Shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $4.17, but opened at $4.80. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $4.91, with a volume of 182,410,487 shares changing hands.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 21.1%

The stock’s 50-day moving average is $7.04 and its 200-day moving average is $28.57.

Get Direxion Daily Semiconductors Bear 3x Shares alerts:

Shares of Direxion Daily Semiconductors Bear 3x Shares are going to reverse split on Wednesday, July 15th. The 1-10 reverse split was announced on Wednesday, June 10th. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, July 14th.

Institutional Trading of Direxion Daily Semiconductors Bear 3x Shares

Several large investors have recently added to or reduced their stakes in SOXS. Toronto Dominion Bank raised its position in Direxion Daily Semiconductors Bear 3x Shares by 114.0% in the fourth quarter. Toronto Dominion Bank now owns 11,743 shares of the company’s stock valued at $36,000 after purchasing an additional 95,743 shares during the period. IFP Advisors Inc acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth about $43,000. Tidal Investments LLC purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth about $109,000. Modern Wealth Management LLC purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the third quarter worth about $83,000. Finally, Headlands Technologies LLC grew its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 7,921.4% in the second quarter. Headlands Technologies LLC now owns 17,968 shares of the company’s stock valued at $142,000 after buying an additional 17,744 shares in the last quarter.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

(Get Free Report)

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.

Featured Articles

• Five stocks we like better than Direxion Daily Semiconductors Bear 3x Shares
• 3 Quiet AI Revenue Accelerators With Sales Growth Outpacing Peers
• Top 135 Best Locally Owned BBQ Supply Stores in the U.S., According to Survey [2026]
• Silicon Starvation: Amazon Feasts on Legacy GPUs
• GE Vernova’s Power Surge Turns the Grid Into an AI Trade

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