Short Interest in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Increases By 104.9%

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CUREGet Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 34,437 shares, a growth of 104.9% from the December 15th total of 16,805 shares. Based on an average daily trading volume, of 45,474 shares, the short-interest ratio is currently 0.8 days. Approximately 2.2% of the shares of the company are sold short. Approximately 2.2% of the shares of the company are sold short. Based on an average daily trading volume, of 45,474 shares, the short-interest ratio is currently 0.8 days.

Direxion Daily Healthcare Bull 3x Shares Stock Performance

Shares of CURE opened at $112.91 on Friday. Direxion Daily Healthcare Bull 3x Shares has a 1 year low of $66.00 and a 1 year high of $123.80. The company has a market cap of $180.66 million, a price-to-earnings ratio of 20.81 and a beta of 1.91. The firm has a fifty day moving average of $111.70 and a 200-day moving average of $92.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in shares of Direxion Daily Healthcare Bull 3x Shares by 1,649.0% during the third quarter. Tower Research Capital LLC TRC now owns 45,858 shares of the company’s stock valued at $3,830,000 after buying an additional 43,236 shares during the last quarter. IMC Chicago LLC bought a new position in Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter worth approximately $848,000. Flow Traders U.S. LLC acquired a new stake in Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter valued at approximately $663,000. Group One Trading LLC bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 3rd quarter valued at $245,000. Finally, Onyx Bridge Wealth Group LLC bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 3rd quarter valued at $206,000.

Direxion Daily Healthcare Bull 3x Shares Company Profile

(Get Free Report)

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.

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