Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) Trading Up 5.8% – Still a Buy?

Shares of Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBLGet Free Report) traded up 5.8% during trading on Wednesday . The company traded as high as $32.15 and last traded at $31.78. 529,603 shares were traded during mid-day trading, an increase of 0% from the average session volume of 528,510 shares. The stock had previously closed at $30.04.

Daily Dow Jones Internet Bull 3X Shares Trading Up 5.8 %

The firm has a market capitalization of $298.73 million, a price-to-earnings ratio of 59.87 and a beta of 4.35. The stock’s 50-day moving average is $23.41 and its 200-day moving average is $18.93.

Daily Dow Jones Internet Bull 3X Shares Company Profile

(Get Free Report)

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.

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