Direxion Daily CSI 300 China A Share Bull 2x Shares Sees Unusually High Options Volume (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the recipient of unusually large options trading activity on Friday. Stock traders purchased 252,999 call options on the stock. This represents an increase of approximately 2,445% compared to the typical volume of 9,941 call options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Stock Down 4.1 %

NYSEARCA:CHAU traded down $0.56 on Friday, hitting $12.96. The stock had a trading volume of 1,438,180 shares, compared to its average volume of 896,491. The company has a market cap of $57.02 million, a PE ratio of 9.69 and a beta of 0.99. Direxion Daily CSI 300 China A Share Bull 2x Shares has a 52 week low of $11.30 and a 52 week high of $28.25. The business’s fifty day moving average is $15.36 and its 200 day moving average is $14.56.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Direxion Daily CSI 300 China A Share Bull 2x Shares stock. Virtu Financial LLC bought a new position in Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 136,814 shares of the company’s stock, valued at approximately $2,508,000. Virtu Financial LLC owned about 3.11% of Direxion Daily CSI 300 China A Share Bull 2x Shares as of its most recent SEC filing.

Direxion Daily CSI 300 China A Share Bull 2x Shares Company Profile

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.