Shares of Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG – Get Free Report) were down 7.4% during mid-day trading on Friday . The company traded as low as $38.56 and last traded at $38.91. Approximately 2,400,517 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 1,690,829 shares. The stock had previously closed at $42.02.
Direxion Daily FTSE China Bear 3X Shares Stock Down 4.2 %
The stock has a 50 day moving average price of $63.78 and a 200-day moving average price of $1,159.69.
Institutional Investors Weigh In On Direxion Daily FTSE China Bear 3X Shares
A number of hedge funds and other institutional investors have recently bought and sold shares of YANG. Elequin Capital LP bought a new position in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at $81,000. Geller Advisors LLC bought a new position in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at $444,000. Headlands Technologies LLC bought a new position in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at $218,000. Virtu Financial LLC bought a new position in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at $2,325,000. Finally, SBI Securities Co. Ltd. bought a new position in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at $145,000.
About Direxion Daily FTSE China Bear 3X Shares
Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.
Read More
- Five stocks we like better than Direxion Daily FTSE China Bear 3X Shares
- Investing In Automotive Stocks
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- How to Invest in the Best Canadian Stocks
- DuPont’s Electronics Spinoff: The Start of Something Big
- Ride Out The Recession With These Dividend Kings
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Receive News & Ratings for Direxion Daily FTSE China 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 FTSE China Bear 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
