Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) Short Interest Update

Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSLGet Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 41,079 shares, a growth of 213.3% from the April 15th total of 13,111 shares. Based on an average daily volume of 31,259 shares, the short-interest ratio is presently 1.3 days. Approximately 6.8% of the company’s shares are sold short.

Hedge Funds Weigh In On Direxion Daily Industrials Bull 3X Shares

An institutional investor recently raised its position in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC increased its holdings in shares of Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSLFree Report) by 23.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,100 shares of the company’s stock after buying an additional 400 shares during the period. EverSource Wealth Advisors LLC owned about 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 at the end of the most recent quarter.

Direxion Daily Industrials Bull 3X Shares Stock Down 5.6%

NYSEARCA:DUSL traded down $5.02 during trading hours on Friday, reaching $84.65. 20,611 shares of the stock were exchanged, compared to its average volume of 25,201. The business has a 50-day moving average of $83.08 and a two-hundred day moving average of $79.98. Direxion Daily Industrials Bull 3X Shares has a twelve month low of $57.90 and a twelve month high of $100.94. The company has a market capitalization of $50.79 million, a price-to-earnings ratio of 26.16 and a beta of 3.06.

Direxion Daily Industrials Bull 3X Shares Company Profile

(Get Free Report)

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.

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