Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) Short Interest Update

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 197,197 shares, an increase of 80.7% from the June 30th total of 109,142 shares. Based on an average daily trading volume, of 85,127 shares, the short-interest ratio is currently 2.3 days. Currently, 4.8% of the shares of the company are sold short.

Hedge Funds Weigh In On Direxion Daily CSI 300 China A Share Bull 2x Shares

An institutional investor recently bought a new position in Direxion Daily CSI 300 China A Share Bull 2x Shares stock. Optiver Holding B.V. bought a new position in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 37,864 shares of the company’s stock, valued at approximately $767,000. Optiver Holding B.V. owned 0.90% of Direxion Daily CSI 300 China A Share Bull 2x Shares at the end of the most recent quarter.

Direxion Daily CSI 300 China A Share Bull 2x Shares Price Performance

Direxion Daily CSI 300 China A Share Bull 2x Shares stock traded up $0.49 during trading hours on Thursday, hitting $21.65. The company had a trading volume of 190,669 shares, compared to its average volume of 145,748. The firm has a 50-day moving average of $23.42 and a 200 day moving average of $22.55. The firm has a market cap of $89.85 million, a PE ratio of 13.27 and a beta of 0.65. Direxion Daily CSI 300 China A Share Bull 2x Shares has a one year low of $15.44 and a one year high of $26.10.

Direxion Daily CSI 300 China A Share Bull 2x Shares Company Profile

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAU was launched on Apr 16, 2015 and is managed by Direxion.