Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $39.38, but opened at $41.24. Direxion Daily FTSE China Bull 3X Shares shares last traded at $41.85, with a volume of 1,071,995 shares changing hands.
Direxion Daily FTSE China Bull 3X Shares Stock Down 3.2%
The firm has a fifty day moving average of $35.33 and a 200-day moving average of $34.80. The firm has a market cap of $1.26 billion, a P/E ratio of 8.49 and a beta of 0.97.
Hedge Funds Weigh In On Direxion Daily FTSE China Bull 3X Shares
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YINN. SBI Securities Co. Ltd. bought a new position in Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth about $459,000. Shengqi Capital Hong Kong Ltd acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth about $5,681,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth about $644,000. Virtu Financial LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth about $422,000. Finally, Bank of Montreal Can acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth about $40,000.
Direxion Daily FTSE China Bull 3X Shares Company Profile
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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