Shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH – Get Free Report) fell 2.1% on Monday . The company traded as low as $21.91 and last traded at $22.30. 890,119 shares traded hands during trading, an increase of 15% from the average session volume of 772,393 shares. The stock had previously closed at $22.77.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Stock Down 2.1%
The stock has a fifty day moving average of $21.27 and a two-hundred day moving average of $26.63. The stock has a market cap of $242.18 million, a price-to-earnings ratio of 8.13 and a beta of 1.85.
Institutional Trading of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares
A number of institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 573.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 94,290 shares of the company’s stock worth $2,622,000 after purchasing an additional 80,294 shares in the last quarter. Virtu Financial LLC purchased a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the fourth quarter worth about $770,000. Two Sigma Securities LLC purchased a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the fourth quarter worth about $724,000. IMC Chicago LLC purchased a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the fourth quarter worth about $401,000. Finally, SBI Securities Co. Ltd. purchased a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the fourth quarter worth about $105,000.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Company Profile
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.
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