Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL – Get Free Report) dropped 2.1% during mid-day trading on Wednesday . The company traded as low as $26.59 and last traded at $26.80. Approximately 397,985 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 524,255 shares. The stock had previously closed at $27.38.
Daily Dow Jones Internet Bull 3X Shares Stock Performance
The company’s 50-day moving average price is $26.48 and its 200 day moving average price is $20.36. The stock has a market capitalization of $251.92 million, a P/E ratio of 59.87 and a beta of 4.35.
Daily Dow Jones Internet Bull 3X Shares Company Profile
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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