Direxion Daily S&P 500 High Beta Bear 3X ETF (NYSEARCA:HIBS – Get Free Report) traded down 5.2% during mid-day trading on Tuesday. The stock traded as low as $20.93 and last traded at $21.50. 82,084 shares traded hands during trading, a decline of 68% from the average daily volume of 252,946 shares. The stock had previously closed at $22.67.
Direxion Daily S&P 500 High Beta Bear 3X ETF Trading Up 25.1%
The business has a fifty day simple moving average of $19.04 and a 200 day simple moving average of $28.12.
About Direxion Daily S&P 500 High Beta Bear 3X ETF
The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.
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