Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) Short Interest Update

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (NYSEARCA:DRIP) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,275,851 shares, an increase of 80.3% from the January 12th total of 707,555 shares. Based on an average daily volume of 1,818,164 shares, the short-interest ratio is currently 0.7 days.

A hedge fund recently raised its stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares stock. Virtu Financial LLC increased its position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (NYSEARCA:DRIP) by 22.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,661 shares of the company’s stock after purchasing an additional 3,806 shares during the quarter. Virtu Financial LLC owned approximately 0.64% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares worth $245,000 at the end of the most recent quarter.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (NYSEARCA DRIP) opened at $16.35 on Wednesday. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares has a 1-year low of $9.31 and a 1-year high of $28.73.

TRADEMARK VIOLATION NOTICE: This news story was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/02/14/direxion-daily-sp-oil-gas-exp-prod-bear-3x-shares-drip-short-interest-update.html.

Receive News & Ratings for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply