Direxion Daily MSCI Emerging Markets Bear 3X Shares (NYSEARCA:EDZ) Short Interest Update

Direxion Daily MSCI Emerging Markets Bear 3X Shares (NYSEARCA:EDZGet Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 76,485 shares, a decrease of 37.0% from the April 15th total of 121,357 shares. Currently, 4.6% of the shares of the company are sold short. Based on an average daily volume of 471,517 shares, the days-to-cover ratio is currently 0.2 days.

Direxion Daily MSCI Emerging Markets Bear 3X Shares Stock Performance

Shares of NYSEARCA:EDZ opened at $19.42 on Wednesday. The business has a fifty day moving average price of $24.50 and a two-hundred day moving average price of $29.68. Direxion Daily MSCI Emerging Markets Bear 3X Shares has a 1 year low of $16.54 and a 1 year high of $67.50.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Group One Trading LLC grew its stake in Direxion Daily MSCI Emerging Markets Bear 3X Shares by 507.5% in the 1st quarter. Group One Trading LLC now owns 1,051 shares of the company’s stock valued at $31,000 after purchasing an additional 878 shares during the period. Flow Traders U.S. LLC grew its stake in Direxion Daily MSCI Emerging Markets Bear 3X Shares by 69.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 81,192 shares of the company’s stock valued at $437,000 after purchasing an additional 33,253 shares during the period. Jane Street Group LLC bought a new position in Direxion Daily MSCI Emerging Markets Bear 3X Shares in the 4th quarter valued at $1,847,000. Finally, Virtu Financial LLC bought a new position in Direxion Daily MSCI Emerging Markets Bear 3X Shares in the 4th quarter valued at $2,666,000.

Direxion Daily MSCI Emerging Markets Bear 3X Shares Company Profile

(Get Free Report)

The Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x inverse exposure to a market-cap-weighted index of companies operating in emerging markets. EDZ was launched on Dec 17, 2008 and is managed by Direxion.

Further Reading

Receive News & Ratings for Direxion Daily MSCI Emerging Markets 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 MSCI Emerging Markets Bear 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.