Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Down – Here’s What Happened

Posted by Paula Ricardo on Jun 4th, 2026

Shares of Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $1,196.72, but opened at $978.82. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $965.00, with a volume of 282,619 shares trading hands.

Direxion Daily MSCI South Korea Bull 3x Shares Trading Down 15.8%

The firm’s 50 day simple moving average is $629.04 and its 200-day simple moving average is $407.62. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 9.42 and a beta of 4.17.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KORU. Farther Finance Advisors LLC acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth approximately $34,000. Hoey Investments Inc. acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 1st quarter worth approximately $43,000. Tucker Asset Management LLC acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth approximately $47,000. Group One Trading LLC increased its position in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% during the 2nd quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock worth $207,000 after purchasing an additional 1,855 shares during the last quarter. Finally, Sovereign Financial Group Inc. increased its position 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 worth $739,000 after purchasing 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.