Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Trading Down 5.8%

Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINNGet Free Report)’s stock price were down 5.8% during trading on Friday . The stock traded as low as $24.06 and last traded at $24.48. Approximately 2,193,048 shares changed hands during trading, a decline of 67% from the average daily volume of 6,620,431 shares. The stock had previously closed at $25.99.

Direxion Daily FTSE China Bull 3X Shares Trading Down 5.5 %

The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 4.13 and a beta of 2.93. The business has a 50-day moving average price of $23.56 and a two-hundred day moving average price of $20.76.

Institutional Trading of Direxion Daily FTSE China Bull 3X Shares

A number of large investors have recently modified their holdings of YINN. Viewpoint Capital Management LLC increased its position in Direxion Daily FTSE China Bull 3X Shares by 17.3% in the 4th quarter. Viewpoint Capital Management LLC now owns 6,780 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 1,000 shares during the period. Parallel Advisors LLC increased its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 34.8% during the fourth quarter. Parallel Advisors LLC now owns 6,250 shares of the exchange traded fund’s stock valued at $131,000 after purchasing an additional 1,615 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Direxion Daily FTSE China Bull 3X Shares by 159.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,724 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 1,674 shares in the last quarter. Covestor Ltd acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the first quarter worth about $33,000. Finally, Chilton Capital Management LLC bought a new position in Direxion Daily FTSE China Bull 3X Shares in the 1st quarter valued at about $56,000.

Direxion Daily FTSE China Bull 3X Shares Company Profile

(Get Free Report)

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% 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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