Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Gap Down – What’s Next?

Posted by Lauren Steadman on May 28th, 2026

Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $7.73, but opened at $6.90. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $6.61, with a volume of 88,719,391 shares traded.

Direxion Daily Semiconductors Bear 3x Shares Trading Down 3.5%

The business has a 50-day moving average price of $21.71 and a 200-day moving average price of $41.69.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 902,633.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,292,943 shares of the company’s stock worth $7,177,000 after buying an additional 2,292,689 shares during the period. Virtu Financial LLC acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $6,178,000. Smithfield Trust Co acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $4,679,000. HRT Financial LP acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $3,942,000. Finally, Lane Generational LLC acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the third quarter worth about $6,309,000.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

(Get Free Report)

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. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.