Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Shares Gap Up to $28.21

Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINNGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $28.21, but opened at $31.55. Direxion Daily FTSE China Bull 3X Shares shares last traded at $31.04, with a volume of 1,549,363 shares.

Direxion Daily FTSE China Bull 3X Shares Stock Up 10.1 %

The company has a market cap of $572.75 million, a P/E ratio of 8.56 and a beta of 1.45. The stock has a 50 day moving average price of $34.58 and a two-hundred day moving average price of $37.81.

Hedge Funds Weigh In On Direxion Daily FTSE China Bull 3X Shares

Large investors have recently made changes to their positions in the company. Credit Suisse AG grew its position in Direxion Daily FTSE China Bull 3X Shares by 1.0% during the first quarter. Credit Suisse AG now owns 35,541 shares of the exchange traded fund’s stock worth $1,689,000 after buying an additional 336 shares in the last quarter. Signaturefd LLC grew its position in Direxion Daily FTSE China Bull 3X Shares by 127.7% during the first quarter. Signaturefd LLC now owns 633 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 355 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Direxion Daily FTSE China Bull 3X Shares by 173.7% during the second quarter. Tower Research Capital LLC TRC now owns 717 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 455 shares in the last quarter. Barclays PLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the first quarter worth approximately $44,000. Finally, Parallel Advisors LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the second quarter worth approximately $103,000.

About Direxion Daily FTSE China Bull 3X Shares

(Get Free Report)

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% 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.

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