Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report) traded down 5.8% during mid-day trading on Friday . The company traded as low as $24.70 and last traded at $25.26. 8,992,933 shares were traded during trading, a decline of 81% from the average session volume of 46,854,352 shares. The stock had previously closed at $26.81.
Direxion Daily Semiconductors Bear 3x Shares Stock Performance
The stock’s fifty day moving average is $21.09 and its 200-day moving average is $21.79.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. acquired a new position in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth $37,000. PayPay Securities Corp acquired a new position in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth $65,000. Vontobel Holding Ltd. boosted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 27.3% during the fourth quarter. Vontobel Holding Ltd. now owns 28,425 shares of the company’s stock worth $639,000 after purchasing an additional 6,095 shares during the last quarter. Edgestream Partners L.P. bought a new stake in Direxion Daily Semiconductors Bear 3x Shares during the third quarter worth $397,000. Finally, Corient Private Wealth LLC bought a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth $573,000.
About Direxion Daily Semiconductors Bear 3x Shares
Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market.
Further Reading
- Five stocks we like better than Direxion Daily Semiconductors Bear 3x Shares
- The How and Why of Investing in Gold Stocks
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Pros And Cons Of Monthly Dividend Stocks
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Direxion Daily Semiconductors Bear 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.