Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG – Get Free Report)’s stock price traded up 1.7% during trading on Thursday . The stock traded as high as $29.65 and last traded at $28.89. 795,079 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 1,049,929 shares. The stock had previously closed at $28.40.
Direxion Daily FTSE China Bear 3X Shares Stock Performance
The firm’s 50-day simple moving average is $30.98 and its two-hundred day simple moving average is $29.61.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new stake in Direxion Daily FTSE China Bear 3X Shares during the 2nd quarter worth about $135,000. IMC Chicago LLC purchased a new stake in shares of Direxion Daily FTSE China Bear 3X Shares in the fourth quarter worth approximately $302,000. Renaissance Technologies LLC acquired a new stake in shares of Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth approximately $485,000. Quadrature Capital Ltd purchased a new position in Direxion Daily FTSE China Bear 3X Shares during the fourth quarter valued at approximately $513,000. Finally, Jump Financial LLC acquired a new position in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at approximately $612,000.
About Direxion Daily FTSE China Bear 3X Shares
Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.
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