Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) Shares Gap Up – What’s Next?

Posted by Donna Armstrong on Aug 25th, 2026

Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $18.76, but opened at $20.34. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $20.58, with a volume of 7,732,994 shares traded.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Up 8.6%

The stock has a market cap of $1.70 billion, a P/E ratio of 9.42 and a beta of 4.51. The company’s 50 day moving average price is $25.85 and its two-hundred day moving average price is $27.48.

Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares

Hedge funds have recently made changes to their positions in the company. Hoey Investments Inc. bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter valued at about $43,000. Farther Finance Advisors LLC bought a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth about $34,000. Tucker Asset Management LLC purchased a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter valued at about $47,000. Group One Trading LLC increased its position in 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 valued at $207,000 after purchasing an additional 1,855 shares during the period. Finally, NWI Management LP bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 1st quarter valued at about $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.