Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Up – Here’s Why

Posted by Amy Steele on May 13th, 2026

Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $761.29, but opened at $878.41. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $855.54, with a volume of 339,520 shares traded.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Up 16.5%

The stock has a market cap of $2.55 billion, a PE ratio of 9.42 and a beta of 4.17. The stock has a 50-day moving average of $452.09 and a 200 day moving average of $320.98.

Hedge Funds Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares

Institutional investors have recently added to or reduced their stakes in the stock. Hoey Investments Inc. acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the first quarter worth $43,000. Farther Finance Advisors LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth $34,000. Tucker Asset Management LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth $47,000. Group One Trading LLC increased its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% during the second quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock worth $207,000 after acquiring an additional 1,855 shares during the last quarter. Finally, Sovereign Financial Group Inc. increased its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% during the fourth quarter. Sovereign Financial Group Inc. now owns 4,068 shares of the company’s stock worth $739,000 after acquiring an additional 1,610 shares during the last quarter.

About Direxion Daily MSCI South Korea Bull 3x Shares

(Get Free Report)

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.