Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Gap Up – Should You Buy?

Posted by Trevor Kearing on Apr 2nd, 2026

Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $36.26, but opened at $40.56. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $39.96, with a volume of 16,105,531 shares trading hands.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

The company has a fifty day simple moving average of $38.20 and a 200-day simple moving average of $61.38.

Institutional Investors Weigh In On Direxion Daily Semiconductors Bear 3x Shares

Large investors have recently made changes to their positions in the company. Game Plan Financial Advisors LLC acquired a new position in Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter worth approximately $45,000. Toronto Dominion Bank raised its stake in Direxion Daily Semiconductors Bear 3x Shares by 114.0% during the 4th quarter. Toronto Dominion Bank now owns 11,743 shares of the company’s stock valued at $36,000 after purchasing an additional 95,743 shares during the period. IFP Advisors Inc purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter valued at $43,000. Tidal Investments LLC purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter valued at $109,000. Finally, PFG Investments LLC purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter worth about $75,000.

About Direxion Daily Semiconductors Bear 3x Shares

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Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.