Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Gap Down – Here’s Why

Posted by Amy Steele on Mar 6th, 2026

Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $2.06, but opened at $1.9650. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $1.95, with a volume of 385,348,559 shares traded.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 3.9%

The stock has a fifty day moving average of $42.11 and a 200-day moving average of $74.91.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SOXS. Tower Research Capital LLC TRC boosted its position in Direxion Daily Semiconductors Bear 3x Shares by 902,633.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,292,943 shares of the company’s stock worth $7,177,000 after purchasing an additional 2,292,689 shares in the last quarter. Virtu Financial LLC purchased a new position in Direxion Daily Semiconductors Bear 3x Shares during the 4th quarter valued at about $6,178,000. Smithfield Trust Co acquired a new position in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth about $4,679,000. HRT Financial LP purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter valued at about $3,942,000. Finally, Lane Generational LLC acquired a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the third quarter valued at approximately $6,309,000.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

(Get Free Report)

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.