Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAV) Shares Up 1.6% – Should You Buy?

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAVGet Free Report) shares shot up 1.6% during trading on Monday . The stock traded as high as $32.88 and last traded at $32.56. 6,441 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 9,433 shares. The stock had previously closed at $32.04.

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Stock Up 1.6%

The company has a fifty day moving average price of $26.42 and a 200 day moving average price of $21.81.

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks 2x the daily price movements of a liquidity-weighted index of US-listed electric and autonomous vehicles companies. EVAV was launched on Aug 11, 2022 and is managed by Direxion.

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