Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report)’s share price were up 25.5% on Tuesday . The stock traded as high as $994.08 and last traded at $979.13. Approximately 318,306 shares changed hands during trading, a decline of 60% from the average daily volume of 786,334 shares. The stock had previously closed at $780.35.
Direxion Daily MSCI South Korea Bull 3x Shares Trading Up 28.5%
The company has a market cap of $2.89 billion, a price-to-earnings ratio of 9.42 and a beta of 4.17. The stock has a 50-day simple moving average of $522.97 and a 200-day simple moving average of $360.31.
Hedge Funds Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares
Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth about $34,000. Hoey Investments Inc. bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter valued at approximately $43,000. Tucker Asset Management LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter valued at approximately $47,000. Group One Trading LLC increased its stake in shares of 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 valued at $207,000 after acquiring an additional 1,855 shares during the period. Finally, Sovereign Financial Group Inc. raised its holdings in Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% during the fourth 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 in the last quarter.
About Direxion Daily MSCI South Korea Bull 3x Shares
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.
Further Reading
- Five stocks we like better than Direxion Daily MSCI South Korea Bull 3x Shares
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- 3 Defense Giants Boosting Dividends as Shares Take a Ride
Receive News & Ratings for Direxion Daily MSCI South Korea Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSCI South Korea Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
