Direxion Daily CSI 300 China A Share Bull 2x Shares Sees Unusually Large Options Volume (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the target of some unusual options trading activity on Tuesday. Investors bought 7,822 call options on the company. This represents an increase of approximately 93% compared to the typical volume of 4,051 call options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Price Performance

CHAU opened at $16.57 on Wednesday. The company has a market capitalization of $72.91 million, a price-to-earnings ratio of 9.69 and a beta of 0.99. The firm’s fifty day moving average price is $14.70 and its two-hundred day moving average price is $14.07. Direxion Daily CSI 300 China A Share Bull 2x Shares has a 1 year low of $11.30 and a 1 year high of $28.25.

Direxion Daily CSI 300 China A Share Bull 2x Shares Company Profile

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.