Direxion Daily Industrials Bull 3X ETF (NYSEARCA:DUSL) Shares Cross Above 50 Day Moving Average – Here’s Why

Direxion Daily Industrials Bull 3X ETF (NYSEARCA:DUSL – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $78.54 and traded as high as $80.26. Direxion Daily Industrials Bull 3X ETF shares last traded at $78.64, with a volume of 13,859 shares traded.

Direxion Daily Industrials Bull 3X ETF Stock Performance

The stock has a market cap of $43.25 million, a price-to-earnings ratio of 26.16 and a beta of 2.96. The business’s fifty day simple moving average is $78.54 and its 200 day simple moving average is $87.06.

Hedge Funds Weigh In On Direxion Daily Industrials Bull 3X ETF

A hedge fund recently bought a new position in Direxion Daily Industrials Bull 3X ETF stock. Toth Financial Advisory Corp acquired a new stake in shares of Direxion Daily Industrials Bull 3X ETF (NYSEARCA:DUSL – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,825 shares of the company’s stock, valued at approximately $284,000. Toth Financial Advisory Corp owned about 0.70% of Direxion Daily Industrials Bull 3X ETF as of its most recent SEC filing.

About Direxion Daily Industrials Bull 3X ETF

(Get Free Report)

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.

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