Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) Short Interest Down 21.5% in January

Direxion Daily Consumer Discretionary Bull 3x Shares (NYSEARCA:WANT) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 19,695 shares, a decrease of 21.5% from the December 31st total of 25,080 shares. Approximately 4.4% of the company’s shares are sold short. Based on an average daily trading volume, of 25,505 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 25,505 shares, the days-to-cover ratio is currently 0.8 days. Approximately 4.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Direxion Daily Consumer Discretionary Bull 3x Shares

Hedge funds have recently bought and sold shares of the company. Qube Research & Technologies Ltd raised its stake in Direxion Daily Consumer Discretionary Bull 3x Shares by 99.8% in the third quarter. Qube Research & Technologies Ltd now owns 923 shares of the company’s stock valued at $49,000 after buying an additional 461 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Direxion Daily Consumer Discretionary Bull 3x Shares by 98.5% in the second quarter. EverSource Wealth Advisors LLC now owns 4,800 shares of the company’s stock valued at $199,000 after purchasing an additional 2,382 shares in the last quarter. Rovin Capital UT ADV boosted its position in Direxion Daily Consumer Discretionary Bull 3x Shares by 6.5% during the third quarter. Rovin Capital UT ADV now owns 8,379 shares of the company’s stock worth $447,000 after acquiring an additional 513 shares during the last quarter. Susquehanna International Group LLP acquired a new position in Direxion Daily Consumer Discretionary Bull 3x Shares during the third quarter worth approximately $914,000. Finally, Virtu Financial LLC purchased a new stake in Direxion Daily Consumer Discretionary Bull 3x Shares during the third quarter worth approximately $938,000.

Direxion Daily Consumer Discretionary Bull 3x Shares Trading Up 0.2%

Shares of WANT traded up $0.10 during trading hours on Friday, hitting $51.83. The company had a trading volume of 20,569 shares, compared to its average volume of 21,773. The company’s fifty day moving average price is $51.86 and its two-hundred day moving average price is $49.86. Direxion Daily Consumer Discretionary Bull 3x Shares has a one year low of $22.68 and a one year high of $61.94. The company has a market capitalization of $23.32 million, a PE ratio of 32.80 and a beta of 3.71.

Direxion Daily Consumer Discretionary Bull 3x Shares Company Profile

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.