Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 10,928,270 shares traded hands during trading, a decline of 41% from the previous session’s volume of 18,581,477 shares.The stock last traded at $21.96 and had previously closed at $20.76.
Direxion Daily MSCI South Korea Bull 3x Shares Price Performance
The business’s 50-day moving average is $37.92 and its two-hundred day moving average is $26.85. The firm has a market cap of $1.61 billion, a P/E ratio of 9.42 and a beta of 4.43.
Institutional Trading of Direxion Daily MSCI South Korea Bull 3x Shares
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the second quarter valued at approximately $1,893,000. Group One Trading LLC boosted its holdings in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% in the 2nd 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 last quarter. Virtu Financial LLC boosted its holdings in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 292.8% in the 3rd 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 last quarter. Susquehanna International Group LLP grew its stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 55.3% in the third quarter. Susquehanna International Group LLP now owns 52,480 shares of the company’s stock valued at $5,541,000 after buying an additional 18,682 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter valued at $1,039,000.
Direxion Daily MSCI South Korea Bull 3x Shares 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.
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