Direxion Daily Cloud Computing Bull 2x (NYSEARCA:CLDL) Trading Down 0.4%

Shares of Direxion Daily Cloud Computing Bull 2x (NYSEARCA:CLDLGet Free Report) were down 0.4% on Monday . The company traded as low as $9.62 and last traded at $9.66. Approximately 8,163 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 24,904 shares. The stock had previously closed at $9.70.

Direxion Daily Cloud Computing Bull 2x Trading Down 0.4 %

The stock has a market capitalization of $5.31 million, a price-to-earnings ratio of 55.86 and a beta of 2.04. The company has a fifty day moving average of $10.85 and a two-hundred day moving average of $10.28.

About Direxion Daily Cloud Computing Bull 2x

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The Direxion Daily Cloud Computing Bull 2X Shares (CLDL) is an exchange-traded fund that is based on the Indxx USA Cloud Computing index. The fund provides 2x leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry. CLDL was launched on Jan 8, 2021 and is managed by Direxion.

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