Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) Short Interest Update

Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 21,787 shares, an increase of 20.3% from the February 12th total of 18,113 shares. Based on an average daily volume of 21,562 shares, the short-interest ratio is presently 1.0 days. Currently, 4.8% of the shares of the company are sold short. Currently, 4.8% of the shares of the company are sold short. Based on an average daily volume of 21,562 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Direxion Daily Consumer Discretionary Bull 3x Shares

Several hedge funds have recently made changes to their positions in WANT. Virtu Financial LLC purchased a new position in shares of Direxion Daily Consumer Discretionary Bull 3x Shares during the 3rd quarter valued at $938,000. Susquehanna International Group LLP purchased a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 3rd quarter worth about $914,000. Rovin Capital UT ADV increased its holdings in Direxion Daily Consumer Discretionary Bull 3x Shares by 6.5% in the 3rd quarter. Rovin Capital UT ADV now owns 8,379 shares of the company’s stock worth $447,000 after acquiring an additional 513 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Direxion Daily Consumer Discretionary Bull 3x Shares by 98.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,800 shares of the company’s stock worth $199,000 after acquiring an additional 2,382 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 4th quarter valued at about $117,000.

Direxion Daily Consumer Discretionary Bull 3x Shares Stock Up 3.5%

Direxion Daily Consumer Discretionary Bull 3x Shares stock traded up $1.37 during trading on Monday, hitting $40.13. The stock had a trading volume of 10,272 shares, compared to its average volume of 20,435. Direxion Daily Consumer Discretionary Bull 3x Shares has a 1 year low of $22.68 and a 1 year high of $57.27. The stock’s 50 day moving average is $48.59 and its two-hundred day moving average is $49.90. The stock has a market cap of $18.06 million, a price-to-earnings ratio of 32.80 and a beta of 3.71.

About Direxion Daily Consumer Discretionary Bull 3x Shares

The Direxion Daily Cnsmr Discret Bull 3XShrs (WANT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 3x leveraged exposure to the U.S. consumer discretionary sector. WANT was launched on Nov 29, 2018 and is managed by Direxion.