Shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report) saw an uptick in trading volume on Thursday . 20,492,255 shares traded hands during trading, a decline of 23% from the previous session’s volume of 26,654,377 shares.The stock last traded at $45.50 and had previously closed at $44.52.
Direxion Daily Semiconductors Bear 3x Shares Stock Up 2.6%
The stock has a 50 day moving average price of $54.19 and a 200-day moving average price of $236.39.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bear 3x Shares
A number of large investors have recently made changes to their positions in SOXS. Toronto Dominion Bank lifted its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 114.0% in the 4th quarter. Toronto Dominion Bank now owns 11,743 shares of the company’s stock worth $36,000 after purchasing an additional 95,743 shares during the period. IFP Advisors Inc bought a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $43,000. Nwam LLC purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $56,000. Marex Group plc purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $63,000. Finally, VestGen Advisors LLC purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $81,000.
Direxion Daily Semiconductors Bear 3x Shares Company Profile
Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.
Further Reading
- Five stocks we like better than Direxion Daily Semiconductors Bear 3x Shares
- Alphabet Crushed Earnings, But One Number Spooked the Market
- Otis Took Another Guidance Cut—But the Story Isn’t Over
- Is Buying a Launch Company AST SpaceMobile’s Next Vertical Integration Move?
- AMD’s $5 Billion Anthropic Deal Could Redraw the AI Chip Battle
Receive News & Ratings for Direxion Daily Semiconductors Bear 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
