Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) Sees Large Increase in Short Interest

Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANTGet Free Report) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 30,209 shares, a growth of 52.9% from the July 15th total of 19,759 shares. Currently, 6.7% of the shares of the company are short sold. Based on an average daily volume of 38,983 shares, the short-interest ratio is currently 0.8 days.

Direxion Daily Consumer Discretionary Bull 3x Shares Stock Performance

NYSEARCA WANT opened at $40.71 on Wednesday. The stock has a 50-day simple moving average of $41.29 and a 200 day simple moving average of $42.82. Direxion Daily Consumer Discretionary Bull 3x Shares has a twelve month low of $32.74 and a twelve month high of $57.27. The stock has a market capitalization of $18.32 million, a PE ratio of 32.80 and a beta of 3.68.

Institutional Investors Weigh In On Direxion Daily Consumer Discretionary Bull 3x Shares

Several hedge funds have recently modified their holdings of WANT. Qube Research & Technologies Ltd increased its position in Direxion Daily Consumer Discretionary Bull 3x Shares by 99.8% during the third quarter. Qube Research & Technologies Ltd now owns 923 shares of the company’s stock worth $49,000 after acquiring an additional 461 shares during the period. Safe Harbor Fiduciary LLC bought a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 4th quarter valued at $117,000. Susquehanna International Group LLP acquired a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 3rd quarter worth $914,000. Finally, Virtu Financial LLC acquired a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares in the 3rd quarter worth $938,000.

About Direxion Daily Consumer Discretionary Bull 3x Shares

(Get Free Report)

The Direxion Daily Cnsmr Discret Bull 3XShrs (WANT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 3x leveraged exposure to the U.S. consumer discretionary sector. WANT was launched on Nov 29, 2018 and is managed by Direxion.

See Also

Receive News & Ratings for Direxion Daily Consumer Discretionary Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Consumer Discretionary Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.