Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Short Interest Update

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 177,200 shares, agrowthof148.9% from the June 30th total of 71,200 shares. Based on an average daily trading volume, of 112,900 shares, the short-interest ratio is currently 1.6 days. Based on an average daily trading volume, of 112,900 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Direxion Daily Healthcare Bull 3x Shares

A number of institutional investors have recently modified their holdings of the business. Covestor Ltd bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 1st quarter worth $86,000. Belvedere Trading LLC bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 1st quarter worth $395,000. PNC Financial Services Group Inc. bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 1st quarter worth $64,000. Finally, GTS Securities LLC bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 4th quarter worth $1,311,000.

Direxion Daily Healthcare Bull 3x Shares Stock Performance

Direxion Daily Healthcare Bull 3x Shares stock opened at $71.23 on Monday. Direxion Daily Healthcare Bull 3x Shares has a 52 week low of $67.16 and a 52 week high of $143.51. The stock has a market capitalization of $142.46 million, a P/E ratio of 20.81 and a beta of 2.20. The stock has a fifty day moving average of $77.07 and a 200-day moving average of $90.12.

Direxion Daily Healthcare Bull 3x Shares Company Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.