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

Posted by Caroline Horne on Aug 6th, 2026

Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $18.44, but opened at $16.04. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $16.89, with a volume of 14,806,101 shares.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Down 4.6%

The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 9.42 and a beta of 4.51. The company’s fifty day moving average is $33.05 and its 200 day moving average is $27.18.

Hedge Funds Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hoey Investments Inc. acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter valued at $43,000. Farther Finance Advisors LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter worth $34,000. Tucker Asset Management LLC bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth approximately $47,000. Group One Trading LLC lifted its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% during the second 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, NWI Management LP acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 1st quarter valued at $3,566,000.

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.