Short Interest in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) Rises By 81.4%

Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFENGet Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 316,688 shares, an increase of 81.4% from the April 15th total of 174,566 shares. Based on an average daily trading volume, of 351,739 shares, the short-interest ratio is presently 0.9 days. Approximately 5.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Direxion Daily Aerospace & Defense Bull 3X Shares

Large investors have recently bought and sold shares of the business. IMC Chicago LLC bought a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares during the 3rd quarter worth approximately $1,711,000. Qube Research & Technologies Ltd grew its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 12,377.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 7,237 shares of the company’s stock worth $498,000 after acquiring an additional 7,179 shares during the last quarter. TRUE Private Wealth Advisors grew its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 5.1% during the 3rd quarter. TRUE Private Wealth Advisors now owns 8,434 shares of the company’s stock worth $580,000 after acquiring an additional 406 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 10.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 48,503 shares of the company’s stock worth $3,335,000 after acquiring an additional 4,593 shares during the last quarter. Finally, Verus Capital Partners LLC grew its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 36.0% during the 3rd quarter. Verus Capital Partners LLC now owns 7,955 shares of the company’s stock worth $547,000 after acquiring an additional 2,107 shares during the last quarter.

Direxion Daily Aerospace & Defense Bull 3X Shares Price Performance

NYSEARCA DFEN opened at $59.30 on Monday. The firm has a market cap of $352.84 million, a PE ratio of 32.76 and a beta of 2.20. Direxion Daily Aerospace & Defense Bull 3X Shares has a one year low of $37.55 and a one year high of $97.75. The stock’s 50 day simple moving average is $69.47 and its 200 day simple moving average is $71.96.

Direxion Daily Aerospace & Defense Bull 3X Shares Company Profile

(Get Free Report)

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.

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