Direxion Daily META Bear 1X Shares (NASDAQ:METD – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 32,000 shares, a decrease of 57.8% from the September 15th total of 75,900 shares. Based on an average daily trading volume, of 267,800 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 267,800 shares, the short-interest ratio is currently 0.1 days.
Institutional Trading of Direxion Daily META Bear 1X Shares
An institutional investor recently bought a new position in Direxion Daily META Bear 1X Shares stock. Flow Traders U.S. LLC purchased a new stake in Direxion Daily META Bear 1X Shares (NASDAQ:METD – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 12,230 shares of the company’s stock, valued at approximately $179,000. Flow Traders U.S. LLC owned approximately 2.45% of Direxion Daily META Bear 1X Shares at the end of the most recent quarter.
Direxion Daily META Bear 1X Shares Stock Performance
METD stock opened at $14.85 on Friday. Direxion Daily META Bear 1X Shares has a 52 week low of $13.45 and a 52 week high of $23.35. The business has a fifty day simple moving average of $14.34 and a 200-day simple moving average of $16.12.
Direxion Daily META Bear 1X Shares Increases Dividend
Direxion Daily META Bear 1X Shares Company Profile
The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.
Further Reading
- Five stocks we like better than Direxion Daily META Bear 1X Shares
- What is a Microcap Stock? Everything You Need to Know
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- Where Do I Find 52-Week Highs and Lows?
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Receive News & Ratings for Direxion Daily META Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily META Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.