Short Interest in Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) Grows By 115.7%

Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSLGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 26,088 shares, a growth of 115.7% from the June 15th total of 12,094 shares. Currently, 4.3% of the company’s stock are short sold. Based on an average daily trading volume, of 27,487 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Direxion Daily Industrials Bull 3X Shares

An institutional investor recently raised its stake in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC increased its position in Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSLFree Report) by 23.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,100 shares of the company’s stock after purchasing an additional 400 shares during the period. EverSource Wealth Advisors LLC owned 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 at the end of the most recent quarter.

Direxion Daily Industrials Bull 3X Shares Price Performance

Shares of DUSL opened at $95.74 on Friday. Direxion Daily Industrials Bull 3X Shares has a 1-year low of $64.94 and a 1-year high of $106.42. The stock has a market cap of $57.44 million, a PE ratio of 26.16 and a beta of 2.97. The firm has a fifty day moving average price of $92.55 and a 200 day moving average price of $86.78.

Direxion Daily Industrials Bull 3X Shares Company Profile

(Get Free Report)

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.

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