Shares of Direxion Daily Cloud Computing Bull 2x (NYSEARCA:CLDL – Get Free Report) traded down 4% on Friday . The company traded as low as $13.80 and last traded at $13.99. 46,515 shares changed hands during mid-day trading, an increase of 177% from the average session volume of 16,814 shares. The stock had previously closed at $14.58.
Direxion Daily Cloud Computing Bull 2x Stock Performance
The stock has a market capitalization of $7.00 million, a PE ratio of 57.28 and a beta of 2.95. The firm’s 50 day moving average is $11.16 and its two-hundred day moving average is $9.96.
About Direxion Daily Cloud Computing Bull 2x
The Direxion Daily Cloud Computing Bull 2X Shares (CLDL) is an exchange-traded fund that is based on the Indxx USA Cloud Computing index. The fund provides 2x leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry. CLDL was launched on Jan 8, 2021 and is managed by Direxion.
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