Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU) Stock Short Interest Falls 43.4%

Posted by Joseph Casey on Oct 18th, 2026

Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 14,846,148 shares, a drop of 43.4% from the September 15th total of 26,215,055 shares. Approximately 22.5% of the company’s stock are short sold. Based on an average trading volume of 18,827,004 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3X ETF

A number of hedge funds have recently bought and sold shares of KORU. Farther Finance Advisors LLC increased its holdings in Direxion Daily MSCI South Korea Bull 3X ETF by 1,900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,520 shares of the company’s stock worth $30,000 after purchasing an additional 1,444 shares during the last quarter. Hoey Investments Inc. acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the 1st quarter valued at approximately $43,000. Millennium Capital Advisors LLC acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the 3rd quarter valued at approximately $220,000. Finally, NWI Management LP purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF during the 1st quarter valued at approximately $3,566,000.

Direxion Daily MSCI South Korea Bull 3X ETF Stock Performance

Shares of NYSEARCA KORU traded down $1.37 during midday trading on Friday, reaching $10.64. 45,277,966 shares of the company’s stock were exchanged, compared to its average volume of 21,685,488. Direxion Daily MSCI South Korea Bull 3X ETF has a 52-week low of $6.28 and a 52-week high of $63.98. The stock has a market capitalization of $870.88 million, a PE ratio of 9.42 and a beta of 4.59. The business’s fifty day moving average price is $19.95 and its two-hundred day moving average price is $27.29.

About Direxion Daily MSCI South Korea Bull 3X ETF

(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.