Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA – Get Free Report) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 368,512 shares, a decline of 41.6% from the July 30th total of 630,715 shares. Based on an average daily trading volume, of 4,461,805 shares, the short-interest ratio is presently 0.1 days. Approximately 6.6% of the shares of the stock are sold short.
Direxion Daily Small Cap Bear 3X Shares Stock Up 3.4%
Shares of Direxion Daily Small Cap Bear 3X Shares stock opened at $42.08 on Wednesday. The stock’s fifty day moving average is $39.36 and its 200-day moving average is $50.01. Direxion Daily Small Cap Bear 3X Shares has a 12-month low of $36.33 and a 12-month high of $95.40.
Institutional Investors Weigh In On Direxion Daily Small Cap Bear 3X Shares
Large investors have recently made changes to their positions in the company. Vontobel Holding Ltd. grew its position in Direxion Daily Small Cap Bear 3X Shares by 17.3% in the fourth quarter. Vontobel Holding Ltd. now owns 26,145 shares of the exchange traded fund’s stock worth $196,000 after acquiring an additional 3,850 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Direxion Daily Small Cap Bear 3X Shares during the 2nd quarter valued at about $100,000. Tudor Investment Corp ET AL acquired a new position in shares of Direxion Daily Small Cap Bear 3X Shares during the 4th quarter valued at about $100,000. StoneX Group Inc. bought a new position in shares of Direxion Daily Small Cap Bear 3X Shares in the 2nd quarter valued at approximately $176,000. Finally, Corient Private Wealth LLC raised its stake in shares of Direxion Daily Small Cap Bear 3X Shares by 125.0% in the 2nd quarter. Corient Private Wealth LLC now owns 45,000 shares of the exchange traded fund’s stock valued at $534,000 after acquiring an additional 25,000 shares in the last quarter.
Direxion Daily Small Cap Bear 3X Shares Company Profile
Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
Featured Articles
- Five stocks we like better than Direxion Daily Small Cap Bear 3X Shares
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for Direxion Daily Small Cap 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 Small Cap Bear 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
