Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS) Shares Up 0.9% – Here’s Why

Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBSGet Free Report)’s share price were up 0.9% during trading on Monday . The stock traded as high as $29.44 and last traded at $28.15. Approximately 134,020 shares were traded during trading, an increase of 86% from the average daily volume of 72,006 shares. The stock had previously closed at $27.91.

Daily Dow Jones Internet Bear 3X Shares Stock Performance

The company’s 50 day simple moving average is $32.85 and its 200 day simple moving average is $349.10.

About Daily Dow Jones Internet Bear 3X Shares

(Get Free Report)

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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