Shares of Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS – Get Free Report) fell 3.8% during mid-day trading on Monday . The stock traded as low as $30.13 and last traded at $30.29. 55,705 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 54,300 shares. The stock had previously closed at $31.48.
Daily Dow Jones Internet Bear 3X Shares Price Performance
The company has a 50-day moving average of $203.99 and a 200-day moving average of $498.77.
About Daily Dow Jones Internet Bear 3X Shares
The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.
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