Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 12,215,202 shares were traded during mid-day trading, a decline of 41% from the previous session’s volume of 20,745,021 shares.The stock last traded at $20.08 and had previously closed at $17.64.
Direxion Daily MSCI South Korea Bull 3x Shares Price Performance
The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 9.42 and a beta of 4.51. The business’s 50-day moving average price is $29.74 and its two-hundred day moving average price is $27.27.
Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares
Hedge funds and other institutional investors have recently modified their holdings of the stock. Hoey Investments Inc. bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the first quarter worth about $43,000. Farther Finance Advisors LLC bought a new stake in Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter valued at about $34,000. Tucker Asset Management LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter valued at approximately $47,000. Group One Trading LLC lifted its holdings in Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% during the 2nd quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock worth $207,000 after buying an additional 1,855 shares during the last quarter. Finally, NWI Management LP acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 1st quarter worth approximately $3,566,000.
About Direxion Daily MSCI South Korea Bull 3x Shares
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
- Five stocks we like better than Direxion Daily MSCI South Korea Bull 3x Shares
- Visa’s AI Opportunity Is Hiding in Every Transaction
- On Holding’s Price Stumble May Be an Opening for a Company Built to Run
- TSMC’s 44.7% Sales Surge Signals the AI Boom Is Still Alive
- CoreWeave’s $129 Billion AI Backlog Changes the Bull Case
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.
