Short Interest in Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL) Rises By 32.7%

Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 360,347 shares, a growth of 32.7% from the November 30th total of 271,507 shares. Currently, 10.1% of the shares of the company are short sold. Based on an average daily trading volume, of 528,766 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 528,766 shares, the short-interest ratio is currently 0.7 days. Currently, 10.1% of the shares of the company are short sold.

Direxion Daily Retail Bull 3X Shares Trading Down 2.1%

RETL stock traded down $0.20 during trading on Tuesday, reaching $9.46. 132,935 shares of the stock were exchanged, compared to its average volume of 445,882. Direxion Daily Retail Bull 3X Shares has a twelve month low of $4.12 and a twelve month high of $11.22. The company has a market capitalization of $33.77 million, a P/E ratio of 13.74 and a beta of 3.79. The stock has a 50 day simple moving average of $8.92 and a 200-day simple moving average of $9.07.

Institutional Trading of Direxion Daily Retail Bull 3X Shares

Several institutional investors have recently modified their holdings of RETL. Group One Trading LLC acquired a new stake in shares of Direxion Daily Retail Bull 3X Shares during the 2nd quarter worth about $26,000. Jane Street Group LLC grew its stake in Direxion Daily Retail Bull 3X Shares by 52.2% during the first quarter. Jane Street Group LLC now owns 36,083 shares of the company’s stock worth $220,000 after buying an additional 12,383 shares during the last quarter. Simplex Trading LLC increased its holdings in shares of Direxion Daily Retail Bull 3X Shares by 1,026.9% during the second quarter. Simplex Trading LLC now owns 16,566 shares of the company’s stock worth $125,000 after buying an additional 15,096 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Direxion Daily Retail Bull 3X Shares by 393.7% during the second quarter. Tower Research Capital LLC TRC now owns 53,966 shares of the company’s stock worth $410,000 after buying an additional 43,035 shares in the last quarter.

Direxion Daily Retail Bull 3X Shares Company Profile

Direxion Daily Retail Bull 3x Shares, formerly Direxion Daily Retail Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Retail Index. The Retail Index is an index comprised of companies that sell to consumers those discretionary products supplied by manufacturers. These companies include specialty retailers, as well as diversified retailers, such as department stores, discount stores, and superstores. Its investment sector includes hypermarkets and super centers, Internet retail, home improvement retail, apparel retail, general merchandise stores, department stores, automotive retail, specialty stores, home furnishing retail, computer and electronics retail, and catalog retail.