Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) Stock Price Up 0.5% – Time to Buy?

Shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPDGet Free Report) traded up 0.5% on Thursday . The stock traded as high as $13.13 and last traded at $13.02. 7,662,274 shares changed hands during trading, an increase of 17% from the average session volume of 6,573,997 shares. The stock had previously closed at $12.95.

Direxion Daily AAPL Bear 1X Shares Stock Performance

The business has a 50-day moving average price of $13.48 and a 200-day moving average price of $13.85.

Institutional Trading of Direxion Daily AAPL Bear 1X Shares

Several institutional investors have recently modified their holdings of AAPD. Trek Financial LLC purchased a new position in Direxion Daily AAPL Bear 1X Shares in the 2nd quarter valued at about $8,603,000. Citadel Advisors LLC increased its stake in Direxion Daily AAPL Bear 1X Shares by 106.8% during the 3rd quarter. Citadel Advisors LLC now owns 228,003 shares of the company’s stock worth $3,192,000 after buying an additional 117,760 shares in the last quarter. Wakefield Asset Management LLLP acquired a new position in shares of Direxion Daily AAPL Bear 1X Shares during the second quarter valued at approximately $730,000. Susquehanna International Group LLP raised its holdings in shares of Direxion Daily AAPL Bear 1X Shares by 66.9% during the third quarter. Susquehanna International Group LLP now owns 86,191 shares of the company’s stock valued at $1,207,000 after acquiring an additional 34,561 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares in the second quarter valued at approximately $438,000.

About Direxion Daily AAPL Bear 1X Shares

(Get Free Report)

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.

Further Reading

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