Direxion Daily MSCI India Bull 2X ETF (NYSEARCA:INDL – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 44,119 shares, an increase of 58.9% from the September 15th total of 27,773 shares. Currently, 3.5% of the company’s shares are sold short. Based on an average daily trading volume, of 12,903 shares, the short-interest ratio is currently 3.4 days.
Direxion Daily MSCI India Bull 2X ETF Price Performance
Direxion Daily MSCI India Bull 2X ETF stock opened at $41.10 on Friday. The stock has a market cap of $53.43 million, a price-to-earnings ratio of 23.82 and a beta of 0.93. The firm has a 50-day moving average of $42.75 and a two-hundred day moving average of $43.89. Direxion Daily MSCI India Bull 2X ETF has a 1 year low of $37.25 and a 1 year high of $61.00.
Institutional Trading of Direxion Daily MSCI India Bull 2X ETF
An institutional investor recently bought a new position in Direxion Daily MSCI India Bull 2X ETF stock. Virtu Financial LLC purchased a new stake in Direxion Daily MSCI India Bull 2X ETF (NYSEARCA:INDL – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 36,190 shares of the company’s stock, valued at approximately $2,058,000. Virtu Financial LLC owned 3.15% of Direxion Daily MSCI India Bull 2X ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
About Direxion Daily MSCI India Bull 2X ETF
Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges. The Index utilizes a measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators.
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