Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) Shares Up 0.3% – Here’s Why

Shares of Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) were up 0.3% during mid-day trading on Wednesday . The company traded as high as $106.88 and last traded at $104.35. Approximately 12,396 shares changed hands during trading, a decline of 44% from the average session volume of 22,115 shares. The stock had previously closed at $104.07.

Direxion Daily Industrials Bull 3X Shares Stock Up 0.3%

The firm has a 50-day simple moving average of $95.43 and a 200-day simple moving average of $89.01. The stock has a market cap of $62.61 million, a PE ratio of 26.16 and a beta of 2.98.

Institutional Trading of Direxion Daily Industrials Bull 3X Shares

An institutional investor recently raised its position in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC boosted its stake in Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) by 23.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,100 shares of the company’s stock after purchasing an additional 400 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 as of its most recent filing with the Securities & Exchange Commission.

Direxion Daily Industrials Bull 3X Shares Company Profile

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.