Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Trading Down 0.2% – What’s Next?

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXSGet Free Report) shares traded down 0.2% during trading on Wednesday . The stock traded as low as $5.90 and last traded at $5.96. 60,307,149 shares changed hands during trading, an increase of 69% from the average session volume of 35,657,477 shares. The stock had previously closed at $5.97.

Direxion Daily S&P 500 Bear 3X Shares Trading Down 0.2 %

The firm has a fifty day simple moving average of $6.76 and a 200 day simple moving average of $7.64.

Institutional Investors Weigh In On Direxion Daily S&P 500 Bear 3X Shares

Several hedge funds have recently modified their holdings of the business. Embree Financial Group acquired a new stake in Direxion Daily S&P 500 Bear 3X Shares during the third quarter worth about $99,000. Lazari Capital Management Inc. lifted its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 342.8% in the 2nd quarter. Lazari Capital Management Inc. now owns 49,150 shares of the company’s stock worth $386,000 after acquiring an additional 38,050 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the 2nd quarter worth approximately $655,000. Headlands Technologies LLC bought a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter valued at approximately $281,000. Finally, Park Edge Advisors LLC bought a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter valued at approximately $1,184,000.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

(Get Free Report)

Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.

Recommended Stories

Receive News & Ratings for Direxion Daily S&P 500 Bear 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P 500 Bear 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.