Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $31.36, but opened at $29.77. Direxion Daily FTSE China Bull 3X Shares shares last traded at $30.15, with a volume of 964,041 shares traded.
Direxion Daily FTSE China Bull 3X Shares Price Performance
The business has a 50-day simple moving average of $33.83 and a two-hundred day simple moving average of $40.37. The stock has a market cap of $664.10 million, a price-to-earnings ratio of 8.49 and a beta of 1.07.
Hedge Funds Weigh In On Direxion Daily FTSE China Bull 3X Shares
A number of institutional investors have recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new position in Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth approximately $8,411,000. JPMorgan Chase & Co. acquired a new position in Direxion Daily FTSE China Bull 3X Shares during the second quarter worth approximately $4,128,000. Jump Financial LLC acquired a new position in Direxion Daily FTSE China Bull 3X Shares during the third quarter worth approximately $4,255,000. Virtu Financial LLC acquired a new position in Direxion Daily FTSE China Bull 3X Shares during the third quarter worth approximately $2,935,000. Finally, Group One Trading LLC acquired a new position in Direxion Daily FTSE China Bull 3X Shares during the first quarter worth approximately $1,266,000.
Direxion Daily FTSE China Bull 3X Shares Company Profile
Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.
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