Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL – Get Free Report) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 11,058 shares, a drop of 33.9% from the February 26th total of 16,717 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average daily trading volume, of 30,646 shares, the days-to-cover ratio is presently 0.4 days.
Hedge Funds Weigh In On Direxion Daily Industrials Bull 3X Shares
An institutional investor recently raised its position in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC boosted its position in Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL – Free Report) by 23.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,100 shares of the company’s stock after purchasing an additional 400 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 at the end of the most recent reporting period.
Direxion Daily Industrials Bull 3X Shares Stock Performance
Direxion Daily Industrials Bull 3X Shares stock traded down $3.47 during mid-day trading on Monday, reaching $66.71. 9,084 shares of the company were exchanged, compared to its average volume of 25,663. Direxion Daily Industrials Bull 3X Shares has a 12-month low of $32.06 and a 12-month high of $100.94. The business has a fifty day moving average of $86.04 and a 200 day moving average of $77.39. The firm has a market cap of $33.36 million, a P/E ratio of 26.16 and a beta of 3.30.
Direxion Daily Industrials Bull 3X Shares Company Profile
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.
See Also
Receive News & Ratings for Direxion Daily Industrials 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 Industrials Bull 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
