Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report)’s share price rose 6.9% during mid-day trading on Thursday . The stock traded as high as $21.21 and last traded at $21.77. Approximately 8,867,672 shares were traded during trading, a decline of 80% from the average daily volume of 44,897,004 shares. The stock had previously closed at $20.37.
Direxion Daily Semiconductors Bear 3x Shares Stock Up 14.0 %
The business’s 50 day moving average is $20.19 and its 200 day moving average is $21.63.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC acquired a new position in Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter worth approximately $498,000. BNP Paribas Financial Markets lifted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 200.9% during the third quarter. BNP Paribas Financial Markets now owns 752,200 shares of the company’s stock valued at $15,232,000 after purchasing an additional 502,200 shares in the last quarter. Edgestream Partners L.P. purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the third quarter valued at approximately $397,000. HighTower Advisors LLC grew its stake in Direxion Daily Semiconductors Bear 3x Shares by 82.9% during the 3rd quarter. HighTower Advisors LLC now owns 57,151 shares of the company’s stock valued at $1,157,000 after acquiring an additional 25,901 shares in the last quarter. Finally, IHT Wealth Management LLC grew its holdings in Direxion Daily Semiconductors Bear 3x Shares by 696.1% in the 3rd quarter. IHT Wealth Management LLC now owns 93,300 shares of the company’s stock valued at $1,965,000 after buying an additional 81,580 shares in the last quarter.
About Direxion Daily Semiconductors Bear 3x Shares
Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market.
See Also
- Five stocks we like better than Direxion Daily Semiconductors Bear 3x Shares
- What to Know About Investing in Penny Stocks
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- How to Invest in Blue Chip Stocks
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for Direxion Daily Semiconductors 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 Semiconductors Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
