Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) Short Interest Update

Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 18,616 shares, a drop of 14.6% from the February 26th total of 21,787 shares. Currently, 4.1% of the company’s stock are sold short. Based on an average trading volume of 16,217 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On Direxion Daily Consumer Discretionary Bull 3x Shares

A number of institutional investors and hedge funds have recently made changes to their positions in WANT. Safe Harbor Fiduciary LLC acquired a new stake in shares of Direxion Daily Consumer Discretionary Bull 3x Shares in the 4th quarter valued at approximately $117,000. Susquehanna International Group LLP bought a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares during the third quarter worth $914,000. Qube Research & Technologies Ltd lifted its stake in Direxion Daily Consumer Discretionary Bull 3x Shares by 99.8% in the third quarter. Qube Research & Technologies Ltd now owns 923 shares of the company’s stock valued at $49,000 after acquiring an additional 461 shares during the last quarter. Virtu Financial LLC acquired a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the third quarter valued at $938,000. Finally, Rovin Capital UT ADV grew its position in shares of Direxion Daily Consumer Discretionary Bull 3x Shares by 6.5% in the 3rd quarter. Rovin Capital UT ADV now owns 8,379 shares of the company’s stock valued at $447,000 after acquiring an additional 513 shares during the period.

Direxion Daily Consumer Discretionary Bull 3x Shares Stock Performance

WANT opened at $33.12 on Tuesday. Direxion Daily Consumer Discretionary Bull 3x Shares has a 52-week low of $22.68 and a 52-week high of $57.27. The firm has a market capitalization of $14.90 million, a PE ratio of 32.80 and a beta of 3.71. The business’s 50-day simple moving average is $44.88 and its 200 day simple moving average is $48.93.

About Direxion Daily Consumer Discretionary Bull 3x Shares

The Direxion Daily Cnsmr Discret Bull 3XShrs (WANT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 3x leveraged exposure to the U.S. consumer discretionary sector. WANT was launched on Nov 29, 2018 and is managed by Direxion.