Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) saw unusually-high trading volume on Thursday . 10,928,270 shares were traded during mid-day trading, a decline of 41% from the previous session’s volume of 18,581,477 shares.The stock last traded at $21.96 and had previously closed at $20.76.
Direxion Daily MSCI South Korea Bull 3x Shares Price Performance
The company has a market cap of $1.33 billion, a price-to-earnings ratio of 9.42 and a beta of 4.43. The firm’s 50 day simple moving average is $37.05 and its 200-day simple moving average is $26.86.
Institutional Trading of Direxion Daily MSCI South Korea Bull 3x Shares
A number of large investors have recently made changes to their positions in KORU. Farther Finance Advisors LLC acquired a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth approximately $34,000. Hoey Investments Inc. acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 1st quarter valued at $43,000. Tucker Asset Management LLC purchased a new stake in Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter valued at $47,000. Group One Trading LLC boosted its stake 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 worth $207,000 after purchasing an additional 1,855 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth $1,039,000.
Direxion Daily MSCI South Korea Bull 3x Shares Company Profile
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.
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