Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL – Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 13,111 shares, a growth of 335.6% from the March 31st total of 3,010 shares. Currently, 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 21,786 shares, the days-to-cover ratio is currently 0.6 days.
Direxion Daily Industrials Bull 3X Shares Price Performance
Direxion Daily Industrials Bull 3X Shares stock opened at $87.46 on Monday. The company has a market capitalization of $48.10 million, a price-to-earnings ratio of 26.16 and a beta of 3.11. Direxion Daily Industrials Bull 3X Shares has a one year low of $45.46 and a one year high of $100.94. The company’s fifty day moving average price is $85.18 and its two-hundred day moving average price is $78.66.
Institutional Investors Weigh In On Direxion Daily Industrials Bull 3X Shares
An institutional investor recently raised its position in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC raised its position in shares of Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL – Free Report) by 23.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,100 shares of the company’s stock after acquiring an additional 400 shares during the period. EverSource Wealth Advisors LLC owned approximately 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 as of its most recent SEC filing.
Direxion Daily Industrials Bull 3X Shares Company Profile
The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.
Further Reading
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