Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) Short Interest Update

Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 21,787 shares, a growth of 20.3% from the February 12th total of 18,113 shares. Currently, 4.8% of the shares of the stock are sold short. Based on an average trading volume of 21,562 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 21,562 shares, the short-interest ratio is currently 1.0 days. Currently, 4.8% of the shares of the stock are sold short.

Institutional Trading of Direxion Daily Consumer Discretionary Bull 3x Shares

A number of large investors have recently modified their holdings of the business. Safe Harbor Fiduciary LLC bought a new stake in shares of Direxion Daily Consumer Discretionary Bull 3x Shares during the 4th quarter valued at about $117,000. Susquehanna International Group LLP bought a new position in shares of Direxion Daily Consumer Discretionary Bull 3x Shares in the third quarter worth approximately $914,000. Qube Research & Technologies Ltd raised its stake in Direxion Daily Consumer Discretionary Bull 3x Shares by 99.8% in the third quarter. Qube Research & Technologies Ltd now owns 923 shares of the company’s stock valued at $49,000 after purchasing an additional 461 shares in the last quarter. Virtu Financial LLC bought a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares during the third quarter valued at approximately $938,000. Finally, Rovin Capital UT ADV lifted its position in Direxion Daily Consumer Discretionary Bull 3x Shares by 6.5% during the third quarter. Rovin Capital UT ADV now owns 8,379 shares of the company’s stock valued at $447,000 after purchasing an additional 513 shares during the last quarter.

Direxion Daily Consumer Discretionary Bull 3x Shares Stock Performance

NYSEARCA:WANT opened at $40.13 on Tuesday. The firm has a market capitalization of $18.06 million, a price-to-earnings ratio of 32.80 and a beta of 3.71. Direxion Daily Consumer Discretionary Bull 3x Shares has a 52-week low of $22.68 and a 52-week high of $57.27. The stock has a fifty day moving average of $48.37 and a 200 day moving average of $49.83.

Direxion Daily Consumer Discretionary Bull 3x Shares Company Profile

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.