Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL – Get Free Report) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 26,088 shares, an increase of 115.7% from the June 15th total of 12,094 shares. Approximately 4.3% of the shares of the stock are short sold. Based on an average daily volume of 27,487 shares, the short-interest ratio is presently 0.9 days.
Institutional Investors Weigh In On Direxion Daily Industrials Bull 3X Shares
An institutional investor recently raised its stake in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC raised its position in Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL – Free Report) by 23.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,100 shares of the company’s stock after acquiring an additional 400 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 at the end of the most recent quarter.
Direxion Daily Industrials Bull 3X Shares Stock Down 0.7%
Shares of DUSL traded down $0.65 during trading hours on Wednesday, hitting $95.18. The company had a trading volume of 11,394 shares, compared to its average volume of 23,380. Direxion Daily Industrials Bull 3X Shares has a 52-week low of $64.94 and a 52-week high of $106.42. The stock’s 50 day moving average price is $92.37 and its 200 day moving average price is $86.43. The firm has a market cap of $57.11 million, a P/E ratio of 26.16 and a beta of 2.97.
About Direxion Daily Industrials Bull 3X Shares
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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