Optiver Holding B.V. Trims Holdings in Direxion Daily FTSE China Bear 3X Shares $YANG

Optiver Holding B.V. reduced its stake in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 92.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,095 shares of the company’s stock after selling 24,629 shares during the quarter. Optiver Holding B.V.’s holdings in Direxion Daily FTSE China Bear 3X Shares were worth $61,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in YANG. Renaissance Technologies LLC increased its holdings in Direxion Daily FTSE China Bear 3X Shares by 181.9% in the 1st quarter. Renaissance Technologies LLC now owns 54,400 shares of the company’s stock valued at $1,585,000 after purchasing an additional 35,100 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth $513,000. Jump Financial LLC purchased a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth $612,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily FTSE China Bear 3X Shares in the fourth quarter valued at $302,000. Finally, Group One Trading LLC grew its stake in shares of Direxion Daily FTSE China Bear 3X Shares by 99.2% in the second quarter. Group One Trading LLC now owns 286,742 shares of the company’s stock valued at $8,786,000 after buying an additional 142,827 shares in the last quarter.

Direxion Daily FTSE China Bear 3X Shares Trading Up 0.5%

YANG stock opened at $26.28 on Tuesday. Direxion Daily FTSE China Bear 3X Shares has a 12-month low of $19.94 and a 12-month high of $42.22. The business’s fifty day moving average price is $32.77 and its 200 day moving average price is $28.72.

About Direxion Daily FTSE China Bear 3X Shares

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.