Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Up – What’s Next?

Posted by Patrick Bannon on May 15th, 2026

Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $761.29, but opened at $878.41. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $855.54, with a volume of 339,520 shares.

Direxion Daily MSCI South Korea Bull 3x Shares Trading Up 2.9%

The business has a fifty day simple moving average of $468.61 and a 200 day simple moving average of $331.63. The stock has a market capitalization of $2.65 billion, a P/E ratio of 9.42 and a beta of 4.17.

Hedge Funds Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Hoey Investments Inc. purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 1st quarter worth approximately $43,000. Tucker Asset Management LLC purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter worth approximately $47,000. Farther Finance Advisors LLC purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter worth approximately $34,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter worth approximately $1,039,000. Finally, Sovereign Financial Group Inc. boosted its stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% in the 4th quarter. Sovereign Financial Group Inc. now owns 4,068 shares of the company’s stock worth $739,000 after buying an additional 1,610 shares during the last quarter.

About Direxion Daily MSCI South Korea Bull 3x Shares

(Get Free Report)

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.