Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) Short Interest Update

Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 16,278 shares, a drop of 46.1% from the July 30th total of 30,209 shares. Based on an average trading volume of 33,398 shares, the short-interest ratio is currently 0.5 days. Approximately 3.6% of the shares of the stock are short sold.

Direxion Daily Consumer Discretionary Bull 3x Shares Stock Performance

Shares of Direxion Daily Consumer Discretionary Bull 3x Shares stock traded down $0.62 on Monday, hitting $40.66. The company’s stock had a trading volume of 9,108 shares, compared to its average volume of 30,539. Direxion Daily Consumer Discretionary Bull 3x Shares has a 1 year low of $32.74 and a 1 year high of $57.27. The firm has a fifty day moving average price of $41.14 and a 200-day moving average price of $42.36. The company has a market capitalization of $18.30 million, a price-to-earnings ratio of 32.80 and a beta of 3.68.

Institutional Trading of Direxion Daily Consumer Discretionary Bull 3x Shares

Institutional investors and hedge funds have recently made changes to their positions in the business. Safe Harbor Fiduciary LLC purchased a new position in shares of Direxion Daily Consumer Discretionary Bull 3x Shares during the 4th quarter valued at approximately $117,000. Susquehanna International Group LLP acquired a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 3rd quarter valued at $914,000. Virtu Financial LLC purchased a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 3rd quarter worth $938,000. Qube Research & Technologies Ltd increased its holdings in Direxion Daily Consumer Discretionary Bull 3x Shares by 99.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 923 shares of the company’s stock worth $49,000 after acquiring an additional 461 shares in the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new position in Direxion Daily Consumer Discretionary Bull 3x Shares during the second quarter worth $33,000.

Direxion Daily Consumer Discretionary Bull 3x Shares Company Profile

The Direxion Daily Cnsmr Discret Bull 3XShrs (WANT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 3x leveraged exposure to the U.S. consumer discretionary sector. WANT was launched on Nov 29, 2018 and is managed by Direxion.