Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Up – What’s Next?

Posted by Alanna Baker on May 4th, 2026

Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $602.68, but opened at $638.50. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $658.11, with a volume of 236,431 shares changing hands.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Performance

The company has a market cap of $1.79 billion, a price-to-earnings ratio of 9.42 and a beta of 4.17. The company’s fifty day moving average is $420.14 and its two-hundred day moving average is $291.44.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hoey Investments Inc. acquired a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the first quarter valued at $43,000. Tucker Asset Management LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth about $47,000. Farther Finance Advisors LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth about $34,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter valued at about $1,039,000. Finally, Sovereign Financial Group Inc. raised its stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% during the 4th quarter. Sovereign Financial Group Inc. now owns 4,068 shares of the company’s stock valued at $739,000 after buying 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.