Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 14,417 shares, a decrease of 51.5% from the May 14th total of 29,697 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average trading volume of 33,325 shares, the short-interest ratio is currently 0.4 days.
Direxion Daily Consumer Discretionary Bull 3x Shares Price Performance
Direxion Daily Consumer Discretionary Bull 3x Shares stock traded up $0.28 during mid-day trading on Friday, hitting $42.60. The company’s stock had a trading volume of 27,154 shares, compared to its average volume of 31,584. The company has a market cap of $19.17 million, a PE ratio of 32.80 and a beta of 3.68. Direxion Daily Consumer Discretionary Bull 3x Shares has a 52-week low of $32.74 and a 52-week high of $57.27. The firm’s 50 day moving average is $43.84 and its 200 day moving average is $46.36.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Qube Research & Technologies Ltd raised its position in Direxion Daily Consumer Discretionary Bull 3x Shares by 99.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 923 shares of the company’s stock worth $49,000 after purchasing an additional 461 shares during the last quarter. Safe Harbor Fiduciary LLC bought a new position in Direxion Daily Consumer Discretionary Bull 3x Shares during the 4th quarter worth $117,000. Susquehanna International Group LLP bought a new position in Direxion Daily Consumer Discretionary Bull 3x Shares during the 3rd quarter worth $914,000. Finally, Virtu Financial LLC bought a new position in Direxion Daily Consumer Discretionary Bull 3x Shares during the 3rd quarter worth $938,000.
About Direxion Daily Consumer Discretionary Bull 3x Shares
The Direxion Daily Cnsmr Discret Bull 3XShrs (WANT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 3x leveraged exposure to the U.S. consumer discretionary sector. WANT was launched on Nov 29, 2018 and is managed by Direxion.
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