Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.91, but opened at $5.57. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $5.64, with a volume of 206,601,091 shares changing hands.
Direxion Daily Semiconductors Bear 3x Shares Trading Up 7.9%
The stock has a fifty day simple moving average of $18.40 and a 200 day simple moving average of $39.35.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bear 3x Shares
A number of institutional investors and hedge funds have recently bought and sold shares of SOXS. Toronto Dominion Bank raised its holdings in Direxion Daily Semiconductors Bear 3x Shares by 114.0% during the fourth quarter. Toronto Dominion Bank now owns 11,743 shares of the company’s stock valued at $36,000 after acquiring an additional 95,743 shares during the period. IFP Advisors Inc bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $43,000. Nwam LLC bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $56,000. Marex Group plc bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $63,000. Finally, VestGen Advisors LLC bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth about $81,000.
Direxion Daily Semiconductors Bear 3x Shares Company Profile
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.
Further Reading
- Five stocks we like better than Direxion Daily Semiconductors Bear 3x Shares
- The Blue Origin Explosion Is a Setback for Amazon, Not a Dealbreaker
- Before the IPO: 4 Companies That Rewarded Investors Who Got In Early
- Gen Z Trends Make These 3 Stocks Worth Watching
- How the Memory Shortage Is Crushing the Gaming Industry
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.
