Direxion Shares Exchange Traded Fund Trust (NYSE:NUGT) saw unusually large options trading on Monday. Traders acquired 18,204 call options on the company. This is an increase of 126% compared to the typical volume of 8,061 call options.

A hedge fund recently raised its stake in Direxion Shares Exchange Traded Fund Trust stock. Tower Research Capital LLC TRC increased its stake in Direxion Shares Exchange Traded Fund Trust (NYSE:NUGT) by 1,168.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,343 shares of the exchange traded fund’s stock after buying an additional 5,843 shares during the period. Tower Research Capital LLC TRC’s holdings in Direxion Shares Exchange Traded Fund Trust were worth $192,000 as of its most recent SEC filing.

Shares of Direxion Shares Exchange Traded Fund Trust (NYSE:NUGT) opened at 40.17 on Friday. Direxion Shares Exchange Traded Fund Trust has a 1-year low of $22.04 and a 1-year high of $100.24. The stock’s 50 day moving average price is $32.72 and its 200-day moving average price is $34.65.

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