Direxion Daily FTSE Europe Bull 3x Shares (NYSEARCA:EURL) Short Interest Update

Direxion Daily FTSE Europe Bull 3x Shares (NYSEARCA:EURL) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,760 shares, a decline of 34.6% from the May 31st total of 5,745 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 26,579 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Direxion Daily FTSE Europe Bull 3x Shares

Hedge funds and other institutional investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new stake in Direxion Daily FTSE Europe Bull 3x Shares in the 3rd quarter valued at approximately $1,087,000. Jane Street Group LLC boosted its position in Direxion Daily FTSE Europe Bull 3x Shares by 111.1% during the 1st quarter. Jane Street Group LLC now owns 45,575 shares of the company’s stock worth $1,216,000 after acquiring an additional 23,990 shares during the period. PMV Capital Advisers LLC boosted its position in Direxion Daily FTSE Europe Bull 3x Shares by 173.1% during the 1st quarter. PMV Capital Advisers LLC now owns 15,422 shares of the company’s stock worth $583,000 after acquiring an additional 9,775 shares during the period. Innova Wealth Partners acquired a new position in Direxion Daily FTSE Europe Bull 3x Shares during the 1st quarter worth $292,000. Finally, Millington Financial Advisors LLC bought a new position in shares of Direxion Daily FTSE Europe Bull 3x Shares in the fourth quarter worth $228,000.

Direxion Daily FTSE Europe Bull 3x Shares Trading Down 2.6%

NYSEARCA EURL opened at $44.99 on Thursday. Direxion Daily FTSE Europe Bull 3x Shares has a 52 week low of $30.34 and a 52 week high of $51.65. The stock has a market cap of $51.74 million, a price-to-earnings ratio of 18.49 and a beta of 2.49. The company has a 50-day moving average price of $44.82 and a two-hundred day moving average price of $44.08.

Direxion Daily FTSE Europe Bull 3x Shares Company Profile

The Direxion Daily FTSE Europe Bull 3X Shares (EURL) is an exchange-traded fund that is based on the FTSE All Cap Developed Europe index. The fund provides 3X daily levered exposure to a market-cap-weighted index of companies in developed Europe. EURL was launched on Jan 22, 2014 and is managed by Direxion.