Short Interest in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Decreases By 19.2%

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 16,805 shares, a decrease of 19.2% from the November 30th total of 20,787 shares. Based on an average trading volume of 78,153 shares, the short-interest ratio is currently 0.2 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 78,153 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Direxion Daily Healthcare Bull 3x Shares

A number of large investors have recently bought and sold shares of CURE. Tower Research Capital LLC TRC grew its holdings in Direxion Daily Healthcare Bull 3x Shares by 1,649.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 45,858 shares of the company’s stock worth $3,830,000 after acquiring an additional 43,236 shares during the period. IMC Chicago LLC bought a new stake in shares of Direxion Daily Healthcare Bull 3x Shares during the 3rd quarter valued at about $848,000. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily Healthcare Bull 3x Shares during the 3rd quarter valued at about $663,000. Group One Trading LLC acquired a new stake in Direxion Daily Healthcare Bull 3x Shares during the third quarter worth approximately $245,000. Finally, Onyx Bridge Wealth Group LLC bought a new stake in Direxion Daily Healthcare Bull 3x Shares in the third quarter worth approximately $206,000.

Direxion Daily Healthcare Bull 3x Shares Stock Down 1.8%

Direxion Daily Healthcare Bull 3x Shares stock traded down $2.09 during mid-day trading on Wednesday, hitting $111.56. 35,189 shares of the stock were exchanged, compared to its average volume of 109,494. The stock has a market capitalization of $223.12 million, a price-to-earnings ratio of 20.81 and a beta of 1.91. Direxion Daily Healthcare Bull 3x Shares has a 12 month low of $66.00 and a 12 month high of $121.13. The firm’s fifty day simple moving average is $106.42 and its two-hundred day simple moving average is $89.32.

Direxion Daily Healthcare Bull 3x Shares Company Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.