Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Up – Here’s Why

Posted by James Quigley on Aug 13th, 2026

Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $16.41, but opened at $17.61. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $17.50, with a volume of 9,279,544 shares changing hands.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Up 15.2%

The company has a market capitalization of $1.69 billion, a P/E ratio of 9.42 and a beta of 4.51. The business has a fifty day moving average price of $28.95 and a 200 day moving average price of $27.31.

Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares

Several institutional investors have recently bought and sold shares of KORU. NWI Management LP acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter valued at approximately $3,566,000. Hoey Investments Inc. bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter worth $43,000. Tucker Asset Management LLC acquired a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth $47,000. Farther Finance Advisors LLC bought a new position in Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter valued at $34,000. Finally, Susquehanna International Group LLP grew its position in Direxion Daily MSCI South Korea Bull 3x Shares by 55.3% in the third quarter. Susquehanna International Group LLP now owns 52,480 shares of the company’s stock valued at $5,541,000 after purchasing an additional 18,682 shares in the last quarter.

About Direxion Daily MSCI South Korea Bull 3x Shares

(Get Free Report)

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.