Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Short Interest Update

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 29,414 shares, a decrease of 14.6% from the December 31st total of 34,437 shares. Based on an average daily trading volume, of 65,612 shares, the short-interest ratio is currently 0.4 days. Currently, 1.8% of the shares of the company are short sold. Currently, 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 65,612 shares, the short-interest ratio is currently 0.4 days.

Direxion Daily Healthcare Bull 3x Shares Price Performance

Shares of Direxion Daily Healthcare Bull 3x Shares stock opened at $111.72 on Tuesday. The company’s fifty day simple moving average is $113.10 and its 200-day simple moving average is $95.34. The stock has a market capitalization of $173.17 million, a PE ratio of 20.81 and a beta of 1.91. Direxion Daily Healthcare Bull 3x Shares has a 1-year low of $66.00 and a 1-year high of $123.80.

Institutional Trading of Direxion Daily Healthcare Bull 3x Shares

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in Direxion Daily Healthcare Bull 3x Shares by 16.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the company’s stock worth $169,000 after buying an additional 300 shares in the last quarter. Simplex Trading LLC purchased a new position in shares of Direxion Daily Healthcare Bull 3x Shares during the 2nd quarter valued at about $28,000. Rovin Capital UT ADV grew its stake in shares of Direxion Daily Healthcare Bull 3x Shares by 17.4% during the 2nd quarter. Rovin Capital UT ADV now owns 2,700 shares of the company’s stock valued at $213,000 after acquiring an additional 400 shares during the period. Headlands Technologies LLC purchased a new stake in Direxion Daily Healthcare Bull 3x Shares in the 2nd quarter worth approximately $34,000. Finally, SBI Securities Co. Ltd. raised its stake in Direxion Daily Healthcare Bull 3x Shares by 6.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 7,612 shares of the company’s stock worth $600,000 after acquiring an additional 484 shares during the period.

About Direxion Daily Healthcare Bull 3x Shares

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.