Shares of Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $24.20, but opened at $22.41. Direxion Daily MSCI South Korea Bull 3X ETF shares last traded at $21.6750, with a volume of 9,440,193 shares traded.
Direxion Daily MSCI South Korea Bull 3X ETF Stock Performance
The stock has a market cap of $1.81 billion, a P/E ratio of 9.42 and a beta of 4.58. The business has a 50 day simple moving average of $20.80 and a 200-day simple moving average of $27.61.
Institutional Trading of Direxion Daily MSCI South Korea Bull 3X ETF
Hedge funds have recently added to or reduced their stakes in the stock. Hoey Investments Inc. purchased a new position in Direxion Daily MSCI South Korea Bull 3X ETF in the first quarter valued at approximately $43,000. Tucker Asset Management LLC purchased a new stake in Direxion Daily MSCI South Korea Bull 3X ETF in the fourth quarter worth $47,000. Group One Trading LLC raised its stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF by 263.9% in the second quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock valued at $207,000 after buying an additional 1,855 shares during the period. Jane Street Group LLC bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the second quarter valued at $1,893,000. Finally, Virtu Financial LLC raised its stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF by 292.8% in the third quarter. Virtu Financial LLC now owns 28,154 shares of the company’s stock valued at $2,972,000 after buying an additional 20,986 shares during the period.
Direxion Daily MSCI South Korea Bull 3X ETF Company Profile
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.
See Also
- Five stocks we like better than Direxion Daily MSCI South Korea Bull 3X ETF
- Insider Sales Eclipse $450M Across 3 AI Winners, With NVIDIA Leading the Pack
- GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Why Braze’s Guidance Miss May Be a Gift for Investors
- This Corner of the Market Is Outperforming the Benchmark—And It’s Not AI
Receive News & Ratings for Direxion Daily MSCI South Korea Bull 3X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSCI South Korea Bull 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
