Direxion Daily Natural Gas Related Bull 3X Shares (NYSEARCA:GASL) Shares to Reverse Split on Friday, June 28th

Direxion Daily Natural Gas Related Bull 3X Shares (NYSEARCA:GASL)’s stock is scheduled to reverse split on Friday, June 28th. The 1-5 reverse split was announced on Friday, May 24th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, June 27th.

Direxion Daily Natural Gas Related Bull 3X Shares stock opened at $3.94 on Wednesday. Direxion Daily Natural Gas Related Bull 3X Shares has a one year low of $3.93 and a one year high of $27.79.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GASL. Koshinski Asset Management Inc. acquired a new stake in shares of Direxion Daily Natural Gas Related Bull 3X Shares during the 4th quarter valued at $133,000. XR Securities LLC acquired a new stake in shares of Direxion Daily Natural Gas Related Bull 3X Shares during the 1st quarter valued at $200,000. Finally, Jane Street Group LLC boosted its holdings in shares of Direxion Daily Natural Gas Related Bull 3X Shares by 29.3% during the 4th quarter. Jane Street Group LLC now owns 128,814 shares of the company’s stock valued at $661,000 after acquiring an additional 29,221 shares in the last quarter.

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Direxion Daily Natural Gas Related Bull 3X Shares Company Profile

Direxion Daily Natural Gas Related Bull 3X Shares seeks daily investment results of 300% of the performance of the ISE Revere Natural Gas Index (the Index). The ISE-REVERE Natural Gas Index has been created to provide investors with a product allowing them to quickly take advantage of both event-driven news and long term trends in the natural gas industry.

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