Direxion Daily MSCI Mexico Bull 3X Shares (NYSEARCA:MEXX – Get Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 25,024 shares, a growth of 45.8% from the December 15th total of 17,159 shares. Approximately 3.2% of the shares of the company are sold short. Based on an average daily volume of 29,232 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 29,232 shares, the days-to-cover ratio is currently 0.9 days. Approximately 3.2% of the shares of the company are sold short.
Institutional Investors Weigh In On Direxion Daily MSCI Mexico Bull 3X Shares
An institutional investor recently bought a new position in Direxion Daily MSCI Mexico Bull 3X Shares stock. Virtu Financial LLC acquired a new position in shares of Direxion Daily MSCI Mexico Bull 3X Shares (NYSEARCA:MEXX – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 30,840 shares of the company’s stock, valued at approximately $728,000. Virtu Financial LLC owned approximately 3.35% of Direxion Daily MSCI Mexico Bull 3X Shares as of its most recent filing with the Securities and Exchange Commission.
Direxion Daily MSCI Mexico Bull 3X Shares Trading Up 2.3%
Shares of MEXX stock opened at $29.94 on Friday. Direxion Daily MSCI Mexico Bull 3X Shares has a 1-year low of $8.44 and a 1-year high of $30.53. The stock has a 50-day moving average of $24.54 and a 200-day moving average of $21.23. The stock has a market cap of $23.05 million, a price-to-earnings ratio of 13.94 and a beta of 2.92.
About Direxion Daily MSCI Mexico Bull 3X Shares
The Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) is an exchange-traded fund that is based on the MSCI Mexico IMI 25-50 index. The fund offers daily leveraged 3X exposure to a broad, market-cap-weighted index of Mexican firms. MEXX was launched on May 3, 2017 and is managed by Direxion.
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